WASHINGTON — President-elect Joseph R. Biden Jr. formally announced his top economic advisers on Monday, choosing a team that is stocked with champions of organized labor and marginalized workers, signaling […]
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Back to news homeBiden Expected to Name Top Economic Officials This Week
WASHINGTON — President-elect Joseph R. Biden Jr. is expected to name top members of his economic team this week, including Cecilia Rouse, a Princeton labor economist, to run the Council […]
For the World Economy, a Grim Slog Tempered by New Hopes
Nearly a year into a pandemic that has ravaged the global economy like no time since the Great Depression, the only clear pathway toward improved fortunes is containing the virus […]
U.S. Economy Stumbles as the Coronavirus Spreads Widely
Layoffs are rising again and Americans’ incomes are falling, the latest signs that the one-two punch of a resurgent pandemic and waning government aid are undermining the U.S. economic recovery.Applications […]
Yellen Would Assume Vast Policy Portfolio as Treasury Secretary
WASHINGTON — Janet L. Yellen’s expected nomination as Treasury secretary will place the former Federal Reserve chair into a critical role overseeing President-elect Joseph R. Biden Jr.’s economic and national […]
Janet Yellen Set to Lead Treasury Department Under Biden
WASHINGTON — Janet L. Yellen became an economist at a time when few women entered the profession and fewer still rose in a male-dominated environment. She is now poised to […]
Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.
WASHINGTON — Treasury Secretary Steven Mnuchin broke sharply with the Federal Reserve this week, choosing to end a variety of programs aimed at helping markets, businesses and municipalities weather the […]
Racism Impoverishes the Whole Economy
Discrimination hurts just about everyone, not only its direct victims. New research shows that while the immediate targets of racism are unquestionably hurt the most, discrimination inflicts a staggering cost […]
Recession With a Difference: Women Face Special Burden
For millions of working women, the coronavirus pandemic has delivered a rare and ruinous one-two-three punch. First, the parts of the economy that were smacked hardest and earliest by job […]
Biden’s China Policy? A Balancing Act for a Toxic Relationship
WASHINGTON — In addition to a deadly pandemic and a weakened economy, President-elect Joseph R. Biden Jr. will inherit one more challenge when he takes office in January: a toxic […]