Our chief economics correspondent, Ben Casselman, describes how A.I.-related layoffs are testing the resilience of the government’s safety net programs.
Category: United States Economy
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How Prepared Are We for A.I. Layoffs?
The New York Times – Business: -
Federal Reserve Turns Focus to Inflation as Job Market Stabilizes
The New York Times – Business:April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
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U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It
The New York Times – Business:The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
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Higher Gas Prices Are Hitting Lower-Income Americans the Hardest
The New York Times – Business:People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Tell Us How High Gas Prices Have Affected Your Finances
The New York Times – Business:With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
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Spirit Airlines’ Demise Could Help Other Airlines
The New York Times – Business:Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
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Stocks and Oil Prices Sent Conflicting Signals in April Amid Havoc of Iran War
The New York Times – Business:Energy markets remained disrupted by turmoil in the Middle East, while the S&P 500 posted its best month since November 2020.
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Fed Officials Cite Inflation Concerns in Defending Dissents
The New York Times – Business:The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices
The New York Times – Business:Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
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Behind Powell’s High-Stakes Decision to Stay at the Fed
The New York Times – Business:Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence.
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How Powell Just Complicated Trump’s Fed Plans
The New York Times – Business:Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.