Despite his populist promises, many bigwigs are keeping the faith that it couldn’t really happen here.
Category: United States Economy
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The economic paradox of the Biden presidency
Employers have been adding jobs since Joe Biden took office, but will the good news translate into votes?
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New Questions on How a Key Agency Shared Inflation Data
A government economist had regular contact with “super users” in finance, records show, at a time when such information keenly interests investors.
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Yellen Faces Diplomatic Test in Urging China to Curb Green Energy Exports
The United States wants to persuade China to dial back its green energy industrial strategy as the Biden administration subsidizes its own supply chain.
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Fed Chair Powell Wants Inflation to Cool More
Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats up.
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Biden and Corporate America? It’s ‘Complicated.’
The president has courted executives with long listening sessions and sustained outreach, but frustrated many with his tax plans and regulations.
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Will A.I. Boost Productivity? Companies Sure Hope So.
Economists doubt that artificial intelligence is already visible in productivity data. Big companies, however, talk often about adopting it to improve efficiency.
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Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.
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Why It’s So Expensive to Live in Phoenix
Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.
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A Key Inflation Gauge Hovers Above Fed’s Target
The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.