Monetary Policy: A Fast Talk With New York’s Fed Chief, and a View of a Steady Economy
William Dudley expects “growth that will cause the labor market to continue to tighten, which is what we would like.”
Powerful Policy Maker Believes the Fed’s on the Right Track
William C. Dudley of the Federal Reserve Bank of New York foresees enough growth for the Fed to resume slowly raising its benchmark interest rate.
Economic View: The Economy Is Rigged, and Other Presidential Campaign Myths
This year’s candidates have been particularly egregious in spreading unreliable information about the economy, often portraying themselves as the only cure.
Obama Makes Case Against Donald Trump, Saying Presidency ‘Is Not a Reality Show’
President Obama implored journalists on Friday to subject Mr. Trump’s proposals to intense scrutiny now that he is the presumptive Republican nominee.
Economic Trends: This Was a (Mildly) Disappointing Jobs Report
For the Federal Reserve, presidential candidates and the American people alike, a result that cuts two ways.
Lifeguard Pensions Questioned as Atlantic City’s Finances Falter
The payout costs about $1 million a year, and with the municipality on the edge of bankruptcy, some officials want to end the benefit system set up by state statute.
What to Look For in the Latest Jobs Report
At 8:30 a.m. Eastern time, the Labor Department will report the latest figures on hiring and unemployment. Here’s what you should watch for.
The 2016 Race: Donald Trump Is Coherent on Monetary Policy, but Not on Debt
He made an offhand comment that, if taken literally, would amount to threatening to undermine the United States’ creditworthiness.
Services Sector Expands Despite Mixed Economic Outlook
The Institute for Supply Management’s nonmanufacturing index rose to 55.7 in April, but another report showed slower hiring among private employers.
Monetary Policy: Outspoken Fed Official Frets About Following Japan’s Path
James Bullard of the Federal Reserve Bank of St. Louis wants to raise rates, but fears the opportunity won’t come before the next recession does.
Europe to Remove 500-Euro Bill, the ‘Bin Laden’ Bank Note Criminals Love
Though the effort has been portrayed as a blow to corruption and organized crime, some critics say it is as an infringement on personal freedom and a stealthy tool of monetary policy.
China’s Steel Makers Undercut Rivals as Economy Slows
The steel industry is at the heart of a debate about the world economy that could be intensified by a looming change in global trade rules.
Economic Scene: Populist Policies Let Brazil’s Tomorrow Slip Away
The soaring hopes fed by a subsidized, state-directed, commodity-fueled economy have lately come crashing back to earth.
European Report Card: Worries Over Eurozone Growth, Greece and ‘Brexit’
The European Commission lowered its growth forecasts for the 19-country currency union, warning that there were “high risks” and “substantial uncertainty” in the economy.
Economic Trends: Workers Are Getting a Bit More of the Economic Pie (and Shareholders Less)
Employees are regaining some bargaining power lost in the recession, but not the power lost over the last three decades.
Greenpeace Leaks U.S.-E.U. Trade Deal Documents
Environmental activists say American officials have pushed their European counterparts for looser regulations, but negotiators say the criticism is off base.
Euro Economics: Spain’s Jobless Numbers Almost Look Like Misprints
Even with a recovering economy, high unemployment (20 percent) is part of life, and youth unemployment is at 45.5 percent.
Economic View: Listen Carefully for Hints of the Next Global Recession
The stories people tell one another about the state of the economy can translate into reduced spending, which may, in turn, contribute to a downturn.
Economic Trends: How You’re Making Facebook a Money Machine
The social media addiction of customers is feeding astonishing profits.
Eurozone Economy Hangs On in a Modest but Uncertain Recovery
The bloc, comprised of the 19 countries that use the euro, has finally edged back above its pre-crisis level, but grave doubts persist about its future prospects.
Vijay Mallya, Indian ‘King of Good Times,’ Dethroned by Debt
The beer-and-airline magnate left the country ahead of creditors, as bad corporate loans hurt the economy and Prime Minister Narendra Modi’s agenda.
Economic Mystery: Why Is Productivity So Weak? Three Theories
The rate of economic output is not increasing much. Or is there work below the surface that will pay big dividends in the future?
U.S. Economy Grew 0.5% in First Quarter, Slowest Pace in 2 Years
The trajectory of the economic recovery remains frustratingly uneven, nearly seven years after it began — but plenty is also going right at the same time.
Notebook: What Obama Really Thinks About His Economic Legacy
The president sat down with Andrew Ross Sorkin to speak candidly about his administration’s efforts to rebuild the U.S. economy after the 2008 financial crisis. Here’s what we learned.
The Money Issue: President Obama Weighs His Economic Legacy
Eight years after the financial crisis, unemployment is at 5 percent, deficits are down and G.D.P. is growing. Why do so many voters feel left behind? The president has a theory.
Fed Keeps Rates Steady and Says Labor Market Is Improving
While policy makers noted some weak points in the domestic economy, the central bank appears on course to increase rates later in the year.
The Money Issue: What Happened to Worcester?
A central Massachusetts city enabled the author’s ancestors to move into the good life of the middle class. That move is more complicated now.
The Money Issue: Is the U.S. Ready for Post-Middle-Class Politics?
A particular vision of the American dream has shaped elections for decades. What happens when people stop believing in it?
A Weak Increase for Durable Goods Orders in March
A rebound from February’s slump was not as strong as expected; a consumer confidence report also released on Tuesday showed a dimmer outlook.
Economic Scene: The Mirage of a Return to Manufacturing Greatness
As the candidates for president grapple with a vanishing manufacturing base, their solutions ignore the reality of an irrevocable change in the global economy.
Where Jobs Are Squeezed by Chinese Trade, Voters Seek Extremes
Research suggests that globalization and related job losses since the turn of the century have contributed heavily to the nation’s bitter political divide.
Economic Trends: How Politics Influences the Stock Market: Not Very Much
Pundits of all partisan leanings are tempted to use big market movements as support for their favored policies, but the effort often backfires.
Creative Destruction: A Bright Side to the Financial Stumbles of Digital Media
We will now get to see which new ways of doing things actually work and which don’t.
The Velvet Rope Economy: In an Age of Privilege, Not Everyone Is in the Same Boat
Companies are becoming adept at identifying wealthy customers and marketing to them, creating a money-based caste system.
Economic View: Rich People Are Living Longer. That’s Tilting Social Security in Their Favor.
Because different groups of people have different life expectancies, some receive more value from the taxes they and their employers pay into the system.
Unemployment Claims Drop Unexpectedly
Initial claims for state unemployment benefits declined 6,000 to a seasonally adjusted 247,000 last week, the lowest reading since November 1973.
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