The latest jobs report showed that the US economy lost 105,000 positions in October and added just 64,000 in November, with the unemployment rate rising to 4.6%, the highest in more than four years.
For many people, the economy is a simple equation: paychecks minus expenses. When it feels like our incomes are growing faster than prices, the economy is in good shape. When they’re not, it’s lousy.
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ...
The structure of America’s economy has had a drastic change. Wealth inequality has exploded. A few have become super rich, while the average person struggles to afford the high cost of living. Health ...
Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level.
The true engine of America’s economy might surprise you. It’s not tech. It’s not artificial intelligence, finance, or manufacturing. It’s energy. Energy accounts for just 7% of America’s gross ...
The story of manufacturing in this country is often told through steel, energy or technology. However, one industry that ...
Below, Gene Ludwig shares five key insights from his new book, The Mismeasurement of America: How Outdated Government Statistics Mask the Economic Struggle of Everyday Americans. Americans keep ...