Paul Wiseman

June 16, 2022 | Daily Business Review

The "soft landing" the Federal Reserve has hoped to achieve — slowing inflation to its 2% goal without derailing the economy — is becoming both trickier and riskier than Chair Jerome Powell had bargained for.

By Paul Wiseman

6 minute read

May 04, 2022 | Daily Business Review

The United States now has an unprecedented two job openings for every person who is unemployed.

By Paul Wiseman

3 minute read

January 27, 2022 | Daily Business Review

The Federal Reserve made clear that it plans to raise interest rates multiple times this year to battle the hottest inflation in nearly four decades.

By Paul Wiseman

4 minute read

June 12, 2019 | Daily Business Review

Corporate America was blindsided last week when President Donald Trump threatened to impose crippling taxes on Mexican imports in a push to stop the flow of Central American migrants into the United States.

By Paul Wiseman and Steve Peoples

6 minute read

April 09, 2015 | Daily Business Review

Across Latin America, companies increasingly are looking to the United States for business.

By Paul Wiseman

5 minute read

April 09, 2015 | Daily Business Review

Across Latin America, companies increasingly are looking to the United States for business.

By Paul Wiseman

5 minute read

April 07, 2014 | Daily Report Online

The families of those who died in General Motors cars with defective ignition switches want prosecutors to go after GM insiders responsible for letting the problems fester for more than a decade — and perhaps for covering them up.

By Paul Wiseman and Tom Krisher

6 minute read

June 07, 2011 | Daily Report Online

Where did all the workers goThe labor force-those who have a job or are looking for one-is getting smaller, even though the economy is growing and steadily adding jobs. That trend defies the rules of a normal economic recovery.Nobody is sure why it's happening. Economists think some of the missing workers have retired, have entered college or are getting by on government disability checks.

By Paul Wiseman

5 minute read

July 12, 2011 | Daily Report Online

The job market is defying history.A dismal June employment report shows that employers are adding nowhere near as many jobs as they normally do this long after a recession has ended.Unemployment has climbed for three straight months and is now at 9.2 percent. There's no precedent, in data going back to 1948, for such a high rate two years into what economists say is a recovery.

By Paul Wiseman

5 minute read

November 03, 2010 | Daily Report Online

An economy growing 2 percent a year might be tolerable in normal times. Today, it's a near-disaster.A growth rate of 5 percent or higher is needed to put a major dent in the nation's 9.6 percent unemployment rate. Two reasons why that's unlikely well into next year and maybe beyond:�??? Construction-both residential and commercial-collapsed last year.

By Paul Wiseman

5 minute read