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The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms

Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its quest to tame rapid inflation without causing unemployment to rise […]




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Federal Reserve Walks a Tightrope Between Inflation and Recession

In an interview, James D. Hamilton, professor of economics at the University of California, San Diego, and a leading expert on the economic effects of oil shocks, said they had […]




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Jobless for a Year? Employment Gaps Might Be Less of a Problem Now.

Some employers regard applicants with long periods of unemployment unfavorably, research shows — even if many are reluctant to admit it.The Status of U.S. JobsThe pandemic continues to impact the […]




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How Inflation Affects Turkey’s Struggling Economy

The signs of Turkey’s disastrous economy are all around. Long lines snake outside discounted bread kiosks. The prices of medicine, milk and toilet paper are soaring. Some gas stations have […]




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Poverty in U.S. Declined Thanks to Government Aid, Census Report Shows

The share of people living in poverty in the United States fell to a record low last year as an enormous government relief effort helped offset the worst economic contraction […]




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Markets Work, but Untangling Global Supply Chains Takes Time

Now, there are higher prices for base materials like steel and aluminum. There are suppliers being forced to raise wages sharply to keep assembly lines operating. There are semiconductor manufacturers […]







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Europe’s Summer of Recovery Is More Fragile Than It Looks

ALBUFEIRA, Portugal — Until last week, Raissa Moura and her co-workers at the reception desk of the Pine Cliffs Resort were feeling optimistic that life was returning to normal along […]




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Inflation Fears Rise as Prices Surge for Lumber, Cars and More

Turn on the news, scroll through Facebook, or listen to a White House briefing these days and there’s a good chance you’ll catch the Federal Reserve’s least-favorite word: Inflation. If […]