Finance
Walmart Opens the Year With Stronger Sales and Profit
The NewsWalmart, the largest retailer in the United States, on Thursday reported higher sales and profit in the first quarter,...
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
There’s a three-letter abbreviation that economists have started pronouncing with the energy of a four-letter word: “O.E.R.”It stands for owner’s...
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, reiterated that policymakers were poised to hold interest rates steady at a high...
High Interest Rates Are Hitting Poorer Americans the Hardest
High interest rates haven’t crashed the financial system, set off a wave of bankruptcies or caused the recession that many...
What Forecasters Say About Interest Rates (and Why They Disagree)
How soon is soon? Or exactly how much later is later?As the year started, there was a widespread view among...
U.S. to Announce New Tariffs on Chinese Electric Vehicles
The Biden administration is set to announce new tariffs on Chinese electric vehicles and other goods as early as next...
Why Higher Fed Rates Are Not Totally Off the Table
Investors do not expect the Federal Reserve to raise interest rates again, and officials have made it clear that they...
Biden to Announce A.I. Center in Wisconsin as Part of Economic Agenda
President Biden will travel to Wisconsin on Wednesday to announce the creation of an artificial intelligence data center, highlighting one...
How 401(k) Drives Inequality – The New York Times
This past January, another bipartisan collaboration — between Alicia Munnell, who was an economist in the Clinton administration and who...
U.S. Job Market Eases, but Hiring Remains Firm
The American job market may be shifting into a lower gear this spring, a turn that economists have expected for...
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