The U.S. could do with a shot in the arm too.
Bear syringe via www.shutterstock.com
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
Chair Janet Yellen acknowledges: It’s a tough call.
The Fed left interest rates unchanged but said improving economic data means it will likely lift them later this year. We asked two scholars – and ex-Fed officials – if it was the right call.
In 2014, Obama signed executive actions aimed at narrowing the pay gap between men and women. Did they work?
The report not only reveals soaring incomes and falling poverty, it also confirms the gender pay gap has shrunk to a new record low.
Which economy do you live in?
Partisan minds via www.shutterstock.com
New research shows that ideological media employ a powerful method to bias partisans' economic beliefs. In turn, partisans perform mental gymnastics worthy of Simone Biles to preserve those biases.
An anti-immigrant mood has been sweeping the West, such as in Finland.
Many politicians in the West – from backers of Brexit to Donald Trump – have convinced voters that immigrants are hurting their economies. The evidence suggests otherwise.
Clinton and Trump.
The major presidential candidates each gave an economic address this week. Get behind the problems they identified and the promises they made with this roundup of key coverage from our archive.
Trump speaks to the Detroit Economic Club at the Cobo Center in Detroit.
Trump revisited familiar themes during his economic address in Detroit and offered a few new ones. Two of our economic experts express their takeaways.
The GOP establishment may not be too disappointed if Trump never becomes president.
A host of vast and persistent economic inequalities in America has created the perfect environment for a right-wing populist like Donald Trump.
US Fed Chair Janet Yellen is worried about the slowdown in job creation.
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the…
Are there enough jobs for the class of 2016?
The economy added fewer jobs than expected in May, suggesting a Fed rate hike this month is off the table. What else did we learn from the report?
Malcolm Turnbull’s best election bet, from an economic standpoint, might be measures to improve confidence.
Popular wisdom holds that conservatives manage the economy better than their progressive counterparts, but recent data from the US and Australia does not bear this out.
RBA Governor Glenn Stevens is likely to be out jawboning the Australian dollar again this week.
Once again the US-AUD exchange rate has monetary policymakers worried.
Dormant: oil rigs in North Dakota stand idle due to a crash in global oil prices.
Cheap gas is traditionally a boost for the U.S. economy but this time the economy could be badly hurt because of the domestic drilling boom and financial bets made by the oil & gas industry.
A study in resilience.
Ice bath via www.shutterstock.com
Markets have been on a rocky ride all year on concerns another recession looms. Here are a few lessons we can learn from the last one.
Commonwealth Bank chief executive Ian Narev speaks at a press conference after the bank’s half year results announcement.
The Commonwealth Bank's half year results suggest Australian banks are doing well despite the turbulence affecting banks internationally, however they may not be totally immune.
Traders reacted to the news.
The Fed lifted its target interest rate for the first time in nearly a decade, which was hardly a surprise. What happens next may still stump us.
Janet Yellen’s political mortgage has fallen due, but the economics makes sense too.
The mixed picture of the US economy makes for caution on interest rates, but Janet Yellen the economist is likely to win over Yellen the politician.
Traders will be paying close attention to the Fed’s decision on interest rates.
Why the US is set to raise its interest rates this week for the first time since the financial crisis.
Who will stand out after Wednesday’s debate?
Candidates sparred among themselves and the media but still managed to debate some of the key economic issues that matter most to Americans – though they ignored a few.
There’s a reason they call them ‘impulse purchases.’
While free markets have delivered benefits, they also prey on our weaknesses, tempting us to buy things that are bad for us, be it sweet candy or sour investments.