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Recently, a wave of states and local jurisdictions have passed pay transparency laws, with varied requirements for employers.
In February, housing costs helped deliver a larger-than-forecast 0.5% gain in so-called core inflation, which excludes food and energy
While the Fed promises to "fully protect all depositors," some question the moral hazard of protecting banks from the effects of poor decision-making.
"Central banks have become a source of macro volatility, rather than a dampener," says one economist.
Although the average retirement account balance rose in the fourth quarter of last year, balances ended the year down from a year earlier – losing nearly one-quarter of their value, according to a new Fidelity report.
The Conference Board predicts a recession that will be more of a bump in the road than a pothole that disrupts the economy.
"Supply-chain bottlenecks are certainly unwinding, but we are not back to pre-Covid levels just yet."
The value of imports increased 3 percent, to $325.8 billion, while exports climbed to $257.5 billion.
But employment is still too high for the Fed.
The new AI service would be able to answer questions about corporate budgets, policy, and spending.
