Category: United States Economy

The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

The New York Times – Business:
Forecaste
Why The Times is resuming its emphasis on annualized figures for G.D.P.

The New York Times – Business:
The pandemic shock is no longer producing exceptional economic gyrations.
Inflation Is Cooling, Leaving America Asking: What Comes Next?

The New York Times – Business:
After six months of declines, inflation seems to be turning a corner. But the road back to normal is an uncertain one.
The Week in Business: The Debt Limit and Politics

The New York Times – Business:
Microsoft and Alphabet, the parent company of Google, both said they would cut thousands of jobs. And initial estimates of economic growth in the U.S. in the fourth quarter come out Thursday.
How the U.S. Government Amassed $31 Trillion in Debt

The New York Times – Business:
Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.
Tech Layoffs Shock Young Workers. The Older People? Not So Much.

The New York Times – Business:
The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Vox Media to Cut 7 Percent of Workers

The New York Times – Business:
The company, which publishes New York magazine, The Verge and numerous other brands, joins a parade of tech and media companies cutting back staff amid economic uncertainty.
New Orleans Port Expansion Shows Optimism on Future of Global Trade

The New York Times – Business:
The city that was once the world’s gateway to America is betting it can win in a new and different era of global integration.
The U.S. Hit Its Debt Limit. What Happens Next?

The New York Times – Business:
The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.
White House Aims to Reflect the Environment in Economic Data

The New York Times – Business:
The Biden administration has set out to measure the economic value of ecosystems, offering new statistics to weigh in policy decisions.
As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope

The New York Times – Business:
Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.
Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game

The New York Times – Business:
As the Treasury Department begins taking steps to avoid hitting the debt limit, Republicans and Democrats are positioning themselves politically for a drawn-out fight.