China’s interventions to cheapen its currency relative to others will hurt US imports in the short term, but the country’s surging “mainstream” will easily offset the impact.
Disputes over intellectual property and car parts are emerging as last-minute hurdles as negotiators race to complete the Trans-Pacific Partnership ahead of elections.
Estimates of how much of Iran’s frozen assets it will get once sanctions are lifted vary widely, but the sum is most likely just a fraction of the total.
The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
The Justice Department is investigating whether airlines are colluding over airfares, but high prices may simply be a consequence of industry consolidation.
A coalition of companies including Starbucks and Walmart plan to help 100,000 young people jumpstart their careers. It’s a good start, but much more needs to be done.
Japanese negotiators in Maui appear to be bending to American pressure to accept more US rice imports. The flood of grain, local farmers say, will end their way of life.
Nobody loves patent trolls. But new legislation in Congress aimed at the trolls isn’t necessary, since the effects of recent patent reforms are only starting to be felt.
The singer-songwriter has signed deals with two Chinese retailers to sell authentic merchandise in the country in hopes of stemming the tide of knockoffs.
US regulators chose to reveal detailed information to the public about the state of the banks. They were able to be so transparent, without triggering a run, because of a strong fiscal backstop.
David S. Pedulla, The University of Texas at Austin College of Liberal Arts and Devah Pager, Harvard University
Past hiring discrimination appears to lead African Americans to cast a wide net, while women tend to seek out roles historically associated with their gender.
No one seems to really believe the latest bailout plan will work without debt relief. But the only way to get Greece to adopt essential reforms is to pretend it isn’t in the cards.
Due to their histories, US companies won’t be at the front of the queue when it comes to doing business in Iran, but many can’t ignore the oil or other markets.
One reason for widening inequality is the decline of unions, which in turn is partly the result of the gradual elimination of the “working class” from our vocabulary.