Economy: Latest Financial Topics from The New York Times

Here is the latest Economic News from The New York Times.

Yellen Says Fed on Track to Raise Rates ‘in Coming Months’
The Fed chief said evidence of a rebound was mounting, but did not suggest that a June rate increase was a foregone conclusion.

U.S. Economy Grew Faster in First Quarter Than Previously Thought
While the new estimate of a 0.8 percent growth rate mirrors other signs of improvement, like real estate, some areas of the economy continue to struggle.

Economic View: Waiting in Line for the Illusion of Security
Two economists see the growing problem of interminably long lines at airport security checkpoints as an unnecessary economic one.

Atlantic City Rescue Plan Approved by New Jersey Lawmakers
The legislation intended to help the Jersey Shore municipality avert bankruptcy now awaits a decision by Gov. Chris Christie, who has pushed for a state takeover.

Business Investment Lags, but Housing Sales Surge
Business spending intentions weakened in April for a third month, but jobless claims fell and pending home sales reached a 10-year high.

The 2016 Race: Donald Trump and Your 401(k): Imminent Danger?
It’s easy to foresee dire economic developments should Trump win the election. Should ordinary investors be worried that Wall Street is not worried?

Anxious in America: Feeling Let Down and Left Behind, With Little Hope for Better
In a moment riddled with economic and social worries, an e-cigarette shop in Wilkes County, N.C., is an oasis for some young Appalachians.

Fewer Workers Choose to Move to New Pastures
The recovery has been held back in part by the number of people opting to stay put. The fall in relocation may echo a decline in social trust.

Economic Scene: We’ve Seen the Trump Phenomenon Before
Discontent bred of globalization and economic devastation has precedent in history. Such dynamics preceded both world wars.

The 2016 Race: When Elections Aren’t About the Economy
In some ways, a sleepy economy is making this presidential race more exciting.

Economic Promises a President Trump Could (and Couldn’t) Keep
Much of what Donald Trump vows to accomplish in his first 100 days, if elected, is not feasible. But that doesn’t mean he wouldn’t have room to maneuver.

Economic View: Are You Successful? If So, You’ve Already Won the Lottery
People tend to underestimate the role sheer luck plays in guiding our career trajectories, and recognizing this can have implications for public policy.

Political Rifts Over Bill Clinton’s Welfare Law Resurface as Aid Shrinks
Some states are limiting cash benefits for families, rekindling concerns — some on the Democratic campaign trail — about a law signed 20 years ago.

In Sweden, an Experiment Turns Shorter Workdays Into Bigger Gains
A trial in the city of Gothenburg mandates a six-hour day and is testing whether it can reduce absenteeism and increase productivity.

Letter From America: A Former Banker’s Push to End ‘Too Big to Fail’
Neel Kashkari, head of the Federal Reserve Bank of Minneapolis, was once a free-market ideologue. Now he fears that the financial sector is too large.

A Child Care Gap in the Résumé: Whether to Explain or Not
Though many women follow “don’t ask, don’t tell” when job-seeking after a child care gap, a study says it may be better to explain why they stayed home.

Entrepreneurship: Many Small Businesses Worry About Adjusting for Overtime Rules
Many business owners are accustomed to dealing with a scrappy work culture. An hourly time-tracking system may change that.

Fed Is Seriously Considering Raising Interest Rates in June, Meeting Minutes Say
The central bank sent an unusually frank message to Wall Street, delivered in the official account of the Fed’s April meeting.

An Age of Miracles: Readers’ Turn: The Inventions That Mattered Most
Stone arrowheads? Birth control? The bicycle?

Economic Scene: A Growth Rate Weighed Down by Inaction
Unless business and government do something to improve the economy’s capability, the United States will be stuck with anemic rates of growth.

Consumer Prices Post Biggest Gain in More Than 3 Years
The Labor Department said that its Consumer Price Index increased 0.4 percent last month, the largest gain since February 2013.

Long Island Cafe Offers Job Opportunities for Disabled Adults
The Cause Cafe, which opened recently, offers job training for people with cognitive disabilities, like autism, who have limited options once they age out of public schools.

I.P.O. Could Value Philips Lighting at $5.6 Billion, Including Debt
The Dutch electronics giant says it expects to price the initial public offering of its lighting business this month as part of a continuing company reshaping.

Retiring: Disproving Beliefs About the Economy and Aging
Research shows that older adults work beyond retirement age, are productive and are not blocking younger workers from the job market.

Economic View: What Was the Greatest Era for American Innovation? A Brief Guided Tour
Which was a more important innovation: indoor plumbing, jet air travel or mobile phones?

Your Money: In College Essays About Money, Echoes of Parents’ Attitudes
Among the best essays college applicants sent us this year are ones featuring an artist father, an affluent suburb and a frugal Dominican family.

Minnesota Law School, Facing Waning Interest, Cuts Admissions
By shrinking enrollment, and taking in less tuition income, the University of Minnesota hopes to preserve its national standing as a top law school.

For Some Job Seekers, Success. For Others, Still Waiting.
Many graduates are receiving diplomas, sending résumés and keeping their fingers crossed. We asked some graduates to talk about their job search.

Tax Policy: Donald Trump’s Plan to Raise Taxes on Rich: Just Kidding
The candidate backed away from remarks he made over the weekend that seemed to reverse his earlier stance.

Company Causes: Google’s Payday Loan Move Exemplifies New Corporate Advocacy
The company joins other powerful players like Facebook and Paypal in taking a stand on social and political issues, but deepens concerns about overreach.

Antitrust in the Age of Amazon
The Federal Trade Commission’s blocking of the Staples-Office Depot union illustrates the complications the age of Amazon has created in the retail industry.

What Are the Odds?: Donald Trump, Leicester City, and Why Predicting the Future Is So Hard
Anyone can simply be unlucky, but we need to be aware of our systematic biases and errors.

It’s a Tough Job Market for the Young Without College Degrees
A national study shows that high school graduates often struggle to find work. Their jobless rate is 17.8 percent, and it’s much worse for dropouts.

‘Contract for Deed’ Lending Gets Federal Scrutiny
The Consumer Financial Protection Bureau is investigating the mortgage financing model that is viewed by many as often harmful for low-income buyers.

Economic Scene: As Jobs Vanish, Forgetting What Government Is For
What has stopped the United States from creating better-paying jobs is not a lack of ideas but an encrusted ideological opposition to government activism.