Millions of Americans struggle to pay their bills each month, despite earning wages well above the federal poverty line and holding multiple jobs.
October’s employment report was rosy, with more than 500,000 jobs added in the month. There were also signs that the American workforce was heading back to the old normal.
The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
An economist explains why defaulting on the national debt would result in economic crisis.
Job creation might well have slowed, but a deeper dive into employment data suggests the picture is actually pretty rosy.
Joe Biden seems to have little appetite for closer economic ties.
Much of the US has been experiencing heat waves in recent weeks. An economist explains how the often record-high temperatures can affect the economy.
A handful of banks now dominate the US financial sector. This consolidation has resulted in higher costs for consumers and small businesses and put the economy at greater risk of a financial crisis.
An economist explains what a recession is, who decides and why it took so long to learn that the COVID-19 downturn was officially over.
The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
The federal government spends about US$2,500 a year on child care and early education per child under 5, about half of the European average.
Whether the next pandemic bailout bill is called relief or stimulus depends on what ails the US economy – and maybe it doesn’t matter at all.
With fewer funds to fall back on, minority-owned enterprises have struggled in the recession. To make things worse, many are in sectors that have been badly hit by lockdowns.
Biden proposed $1.9 trillion in new coronavirus relief spending to help with the economic fallout of COVID-19. Four economists have a few ideas for him.
Joe Biden’s middling economic policies are a chance to cut through the bitter polarisation of US politics.
Since 1953, the economy has only rarely been in recession when a Democrat was in the White House.
From pandemic stimulus to China relations, it will soon become clear that there is a new broom in town.
Janet Yellen is the perfect choice to tackle the worst economic crisis in a century, and the problems that lie beyond.
The Biden administration plans to push for a bold stimulus package to bolster the ailing American economy. An economist explains what he’s up against.
The US economy historically does better under Democratic presidents than Republicans, with far fewer months spent in recession