Rich Miller

Government, Business

Fed Seen Holding Rates at Zero for Five Years in New Policy

The Marriner S. Eccles Federal Reserve building in Washington. The Marriner S. Eccles Federal Reserve building in Washington. (Andrew Harrer/Bloomberg News)

The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy.

Rich Miller | Bloomberg News
August 26, 2020
Government, Business, Logistics

Blue Collar Worker Shortage Reshapes Labor Market

Welder George Frey/Bloomberg News

A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into those jobs.

Rich Miller | Bloomberg News
December 13, 2018
Government, Business

American Companies Are Raising Prices at a Brisk Pace

Customers browse at The Gap Craig Warga/Bloomberg News

President Donald Trump is giving many businesses an unexpected benefit on top of lower taxes and regulatory relief: He’s helping to restore their pricing power.

Rich Miller | Bloomberg News
August 28, 2018
Government, Business

US Recession May Come Just in Time for Trump’s Re-Election Bid

Olivier Douliery/Abaca Press/TNS

Here’s another reason to circle the 2020 election year on the calendar. It may well be the year of the next U.S. recession.

Rich Miller | Bloomberg News
March 26, 2018
Government

Presidential Campaign Rancor Begins to Infect the Economy

Daniel Acker/Bloomberg News

The heated presidential election campaign may be starting to cast a chill over the U.S. economy.

Rich Miller | Bloomberg News
April 26, 2016
Government, Business

Early Warning Signs of Recession Flash Faintly in US Jobs Data

David Paul Morris/Bloomberg News

As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as a reason not to worry. As long as payrolls are racking up monthly gains of 200,000 or more, the economy remains in fine fettle, or so the optimists would have it.

Rich Miller | Bloomberg News
April 19, 2016