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The US Economy Is Booming. Why Are Economists Worrying About a Recession?

Economists, however, are notoriously terrible at predicting recessions. So it makes sense to focus instead on where the recovery is right now, and on the forces that are threatening to […]




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The U.S. economy added 431,000 jobs in March.

President Biden delivered remarks on the March jobs report on Friday.Credit…Sarahbeth Maney/The New York TimesA monthly jobs report showing strong gains in hiring gave Democrats an opportunity to promote the […]




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Low Unemployment in Nebraska: Workers Thrive, Businesses Cope

Harry’s Wonder Bar is a trusted old dive in Nebraska’s capital, frequented by office clerks, construction workers and graduate students alike: the sort of wood-paneled place with a pool table […]







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High Inflation Could Persist as Wages Continue to Rise

Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, and toward spending on vacations, restaurant meals and other services as the pandemic fades, betting […]




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Soaring Cost of Diesel Ripples Through the Global Economy

Farmers are spending more to keep tractors and combines running. Shipping and trucking companies are passing higher costs to retailers, which are beginning to pass them on to shoppers. And […]




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Biden Plan Would Release a Million Barrels of Oil a Day From Reserve

But the price of gas has continued to rise, and the political pressure has not let up.Republicans have hammered Mr. Biden for weeks and have made clear that they intend […]




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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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Is America’s Economy Entering a New Normal?

The pandemic, and now the war in Ukraine, have altered how America’s economy functions. While economists have spent months waiting for conditions to return to normal, they are beginning to […]