Migrants were caught crossing the southern border of the United States more times in the past year than in any other year since at least 1960, when the government started keeping track of the data. It is the third record-setting year in a row, during a time when migration around the world is at historic…
A measure of inflation most closely watched by Federal Reserve officials picked up in April, reflecting the difficult path ahead for economic policymakers as they weigh whether to raise interest rates again to bring down stubborn price increases. The Personal Consumption Expenditures index climbed 4.4 percent in April from a year earlier, according to a…
WASHINGTON — President Biden on Thursday proposed a $6.8 trillion budget that seeks to increase spending on the military and a wide range of new social programs while also reducing future budget deficits, defying Republican calls to scale back government and reasserting his economic vision before an expected re-election campaign. The budget contains some $5…
The university system has denied any illegal action and has called on the unions to stay at the bargaining table. “We are committed to continuing to negotiate in good faith and reaching full agreements as soon as possible,” the statement from the University of California said. On Monday, the strike appeared to have created significant…