Bank of America says the U.S. economy is holding up as consumer spending rises, even as inflation stays near a 3-year high ...
ECONOMISTS LOVE their alphabet. They describe business cycles as L-shaped (down, then flat), U-shaped (gradually down, then up), V-shaped (the same but sharply) or W-shaped (a V with a hiccup). Since ...
For the greater part of the last decade, the United States and China have been locked in a cold war, fought as fiercely over economic and technology advantages as over military advantages. In ...
Hyperbole aside, he’s right: America’s economy is strong. But Trump is missing the point. Affordability, not economic strength, drives voters to the polls. Most Americans don’t care a lick about GDP, ...
A Wall Street Journal poll finds that even the wealthiest worry about financial security for themselves and their children.
America’s nearly five-year economic boom is starting to show its age. Cracks are forming in the economy’s foundation: Layoffs are mounting, hiring is slowing, consumer confidence is eroding and ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
A recent WalletHub study ranked all US states and Washington, DC, based on economic activity, economic health, and innovation ...
The American economy is a wonder. The Economist observed that average wages in America’s poorest state, Mississippi, are higher than those in Britain, Canada and Germany. American GDP per capita now ...
For much of the past three years, economists have repeatedly predicted that the US was heading towards a recession, citing high interest rates, persistent inflation, banking-sector stress and ...
America became home to the world’s first trillionaire last month when Elon Musk’s SpaceX went public. Musk earned his success, although he shares some measure of it with his adopted home. There’s a ...
California's billionaire tax would generate quick revenue, but Norway's example shows the longer-term economic impact of ...