Economy
Our Columnists
Two Key Things to Know About This Confusing Economy
Output and employment have rebounded impressively from the pandemic, but the Fed needs to heed some warning signs.
Our Columnists
A Message for the Federal Reserve in the New Inflation Data
As a new report shows price pressures easing, should the central bank rethink its strategy of raising interest rates?
Our Columnists
Some Good News on Inflation
The latest Consumer Price Index indicates moderating price pressures—something the Federal Reserve should take on board in setting interest rates.
Our Columnists
Why Jerome Powell Could Be the Most Important Person in Washington Between Now and 2024
With gridlock looming in Congress, the task of stabilizing the economy will fall largely on the Fed chair.
Daily Comment
John Kerry Is Looking for Money (to Help Save the Climate)
Private capital may require some “concessions” before it helps developing countries transition to clean energy.
Dispatch
The Extreme Economic Pain of Running a Restaurant in the U.K.
In a country where eating out is seen as more of a luxury than a necessity, it is one of the first expenses that people forgo in hard times.
Our Columnists
Why Is High Inflation Proving So Persistent?
The final Consumer Price Index before the midterms came in higher than expected, but price rises are likely to moderate in the months ahead.
Our Columnists
Biden Heads for the Midterms with Ten Million New Jobs
Inflation is still a cause for concern, but no other President has had this pace of job growth in their first two years in office.
Our Columnists
A Fine Economic Mess in the United Kingdom
With the pound hitting record lows, financial analysts are questioning the competence of Britain’s new government.
Our Columnists
The Inflation Picture Isn’t as Negative as Republicans and the Markets Are Saying
Prices are gradually declining over all, and the Fed chief, Jerome Powell, should resist calls for more drastic interest-rate increases.
Our Columnists
A Healthy Jobs Report Leaves Republicans Scrambling and Biden Smiling
After creating 1.1 million jobs since May, the economy has now recovered all the jobs lost to the pandemic.
Currency
How Mondragon Became the World’s Largest Co-Op
In Spain, an industrial-sized conglomerate owned by its workers suggests an alternative future for capitalism.
Our Columnists
As Gas Prices Dip, There’s Finally Some Encouraging News on Inflation
Barring an escalation of the war in Ukraine or a deadlier new coronavirus variant, the rate at which prices are rising appears to have peaked.
Our Columnists
The Democrats Finally Deliver
The Senate’s passage of a sweeping, if imperfect, climate-change-and-health-care bill is a landmark moment in U.S. policymaking.
Our Columnists
Joe Manchin’s Latest Reversal Could Be a Game Changer
Finally, some positive news for President Biden and the Democrats despite the new G.D.P. report.
Our Columnists
Jerome Powell and the Fed Are Still Struggling to Understand a Crazy Economy Hit by the Pandemic and War
The models that economists have long relied on to analyze inflation have broken down since the coronavirus pandemic began.
Letter from the Southwest
The True Costs of Inflation in Small-Town Texas
When R-BBQ had to cut its hours and reduce its portions, the effects rippled through the community.
Currency
Restrictions on Contraception Could Set Women Back Generations
The right to access contraception radically expanded women’s economic prospects. By overturning Roe v. Wade, the Supreme Court has laid a road map for reconsidering that right.
Our Columnists
A Recession Isn’t Inevitable
Several factors point to a significant slowdown in the economy, but the gloomy forecast isn’t yet a sure thing.
Our Columnists
Jerome Powell Races to Catch Up with Inflation
In announcing a big rate rise, the Fed chief conceded that the challenge of arresting rising prices without causing a recession is getting harder.