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Articles on US Economy

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Corn yields can suffer in high heat. AP Photo/Seth Perlman

4 ways extreme heat hurts the economy

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 big increase in use car prices drove the inflation rate higher in April. AP Photo/David Zalubowski

Why the inflation rate doesn’t tell the whole story – all it takes is a spike in a category like used cars to cause consumer prices to soar

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.
Highly skilled workers and international students in the U.S. are the latest group to be targeted by the Trump adminstration’s restrictive immigration policies. THE CANADIAN PRESS/Ryan Remiorz

Trump’s suspension of H-1B visas is a racist attack on immigrants — and a bad move for the economy

By making skilled workers the target of his latest anti-immigration policy, U.S. president Trump signals that he is willing to play to his far right base even if it undermines America’s economic interests.
People wearing protective masks form lines to receive free food from a food pantry run by the Council of Peoples Organization on May 8, 2020 in the Midwood neighborhood of Brooklyn, New York. Andrew Lichtenstein/Corbis via Getty Images

Coronavirus-related debt will live in digital profiles for years – hurting Americans’ ability to get jobs, apartments and credit

For economically strapped Americans, the financial fallout from the epidemic may be permanently embedded in their digital profiles, making it harder for them to regain their economic footing.

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