economy

Why this Fed official believes the central bank should rethink everything

A top Fed official has a big proposal for how the central bank should change what it does

U.S. economy adds 223,000 jobs in April; unemployment falls to 5.4 percent

Analysts expect that 230,000 jobs were created in April

Is the American middle class doing better than we think?

A veteran researcher argues that a fuller look at the data offers a more hopeful view.

Why Americans are loading up on cars again—and paying more

Sales are soaring and new car shoppers, encouraged by low gasoline prices, rock-bottom interest rates and an improving job market, are going for bigger vehicles with more options.

The Ebola outbreak is not just a human tragedy. It’s also an economic one.

The virus is threatening Liberia’s chance to escape generations of poverty and join Africa’s rising prosperity.

Obama makes a peculiar pick to showcase the country’s manufacturing revival

President Obama visited a small Indiana company today that he says shows the strength of American manufacturing and the jobs it creates throughout the supply chain. But it was a peculiar choice.

A battle’s brewing within the GOP over whether to pursue tax reform

Facing the prospect of a fully Republican Congress for the first time in eight years, GOP strategists are divided over how to advance a central tenet of their political agenda: a simpler U.S. tax code with sharply lower rates.

How Wall Street took over the Forbes 400

Thirty years ago, Wall Street only made up a sliver of the Forbes 400 list of richest Americans. Not anymore.

Will de Blasio’s big raise for low-wage workers encourage other cities to follow suit?

On Tuesday, New York Mayor Bill deBlasio signed an executive order expanding the city’s living wage law.

Economy’s growth rate surges to 4 percent in second quarter

The data help bolster hopes that the country’s long-simmering economic recovery is becoming self-sustaining.

3 ideas from Paul Ryan’s poverty plan that liberals can love

Everybody can support an expanded EITC, prison sentencing reform, and occupational licensing reform.

The long-term unemployed might finally be getting jobs

Good news: long-term unemployment is falling fast, and it's not because people are giving up.

Janet Yellen thinks social media is overvalued

The Fed chair won't be investing in Yo anytime soon.

Dear inflation truthers: This is how averages work

It's not a conspiracy that some prices are increasing more than average. It's just math.

Republicans want to control, not end, the Fed

The latest Republican plan would make the Fed explain why it's not following the Taylor rule

The intellectual cesspool of the inflation truthers

No, inflation isn't "really" 10 percent.

LeBron James’ return is bigger for Cleveland than it is for the Cleveland Cavaliers

Lebron's return is bigger than basketball. Much, much bigger than basketball.

The economy just had its worst quarter since the Great Recession. Here’s why you shouldn’t worry.

Even though GDP fell 2.9 percent, employment and hours worked increased.

More than one in every 10 vehicles on the road has been recalled since January

Recalls are costing GM and other automakers a bundle, but they bring potential customers to dealers.

Will we ever fully recover from the Great Recession?

Policymakers think the economy can't grow as fast as it used to before the crisis.

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