Russell Vought Poised to Expand Power of White House Budget Office

Russell Vought Poised to Expand Power of White House Budget Office

While leading the Office of Management and Budget during the first Trump administration, Russell T. Vought took steps to to expand the number of federal employees required to work during a government shutdown, froze military aid for Ukraine and railed against “wasteful spending” such as foreign aid and organizing unions …

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U.S. Oil Production Is Booming. Oil Jobs Are Not.

U.S. Oil Production Is Booming. Oil Jobs Are Not.

For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract, transport and process these fossil fuels employ …

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U.S. Employers Add 256,000 Jobs in December

U.S. Employers Add 256,000 Jobs in December

Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by disruption. The economy added 256,000 jobs in December, seasonally adjusted, the Labor Department reported on Friday. The number handily beat expectations after two years of cooling in …

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Can Low Unemployment Last Under Trump?

Can Low Unemployment Last Under Trump?

For a time, not too long ago, it was the central question animating economic forecasts and bets laid by investors in financial markets: Will the U.S. economy avoid a recession? Now, for many in the business world, that question feels almost passé, part of an earlier, more fretful era of …

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