Fed Officials Saw Outlook as Cloudy at Meeting Before ‘Brexit’ Vote

Last year Americans drove a record 3.15 trillion miles, many of them on en route to national parks, entertainment meccas and other tourist attractions.

Economic View: More Time to Unwind, Unless You’re a Woman
There is a lot of discussion about income inequality, but issues surrounding the inequality of work may be no less important.

America Is Hitting the Road Again
Gas is cheaper than it has been in over a decade, and a nation weary of cutting back is getting behind the wheel and spending to make road trip memories.

Economic Trends: The Jobs Report Is Not Quite as Terrible as It Looks
A slightly longer-run perspective offsets some short-run gloom, but the numbers suggest the economy is slowing.

U.S. Job Growth Fell to 38,000 in May
The slowdown follows months of steady gains and could push back a decision to raise interest rates. Unemployment declined, however, to 4.7 percent.

Real Estate: Four Not-So-Obvious Things to Consider When Deciding to Buy or Rent
When it’s a close call, weighing these factors can help anyone make a smarter housing decision.

Countries Must Spend to Escape ‘Low-Growth Trap,’ O.E.C.D. Says
The global economy is expected to grow this year at its slowest pace since the financial crisis, the Organization for Economic Cooperation and Development reported.

Economic Scene: A Universal Basic Income Is a Poor Tool to Fight Poverty
In this world where work remains an important social, psychological and economic anchor, there are better tools to help than giving every American a monthly check.

Consumer Spending Surges and Home Prices Climb
A strong gain for consumer spending is a sign that the economy is performing better than earlier this year.

Economic Scene: A Look Ahead at the Next Recession
At the Brookings Institution recently, Shaun Donovan, Lawrence H. Summers and Eduardo Porter discussed the lessons learned from the Great Recession.

Economic Scene: Why a Universal Basic Income Will Not Solve Poverty
In this world where work remains an important social, psychological and economic anchor, there are better tools to help than giving every American a monthly check.

For Assistants in Prestige Fields, Overtime Rule May Alter Career Path
A federal rule on overtime pay endangers a practice in fields like publishing and movies, where low wages are accepted for a kind of apprenticeship.

Verizon Reaches Tentative Deal With Unions to End Strike
The agreement gives Verizon some important tools for paring down its work force in the coming years.

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?

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