The CEO commander-in-chief is no economist, nor is he a particularly good manager. If there’s one aspect of running a business he seems to understand, it’s branding — much of his real estate empire is ...
Musk was also given “direct access to a payment system that distributes trillions of dollars to Americans each year,” the ...
We at Planet Money are constantly reading the work of economists and other social scientists to glean ideas, evidence and ...
Federal economic data is one of the purest forms of infrastructure, says Erica Groshen, a former commissioner at the Bureau of Labor Statistics. “These data keep our economy running as much as roads ...
As global elites gather this week in the ski resort town of Davos, Switzerland, for the annual World Economic Forum, our global context couldn’t be more alarming. Billionaire wealth has risen three ...
ending a bad run for Chancellor Rachel Reeves and the government. State borrowing costs had risen to decade-long highs putting their handling of the economy under the microscope. The prospect of ...
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus. By Keith Bradsher Reporting from ...
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump ...
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes Effect of rate hikes ‘has been much weaker than the economics textbook would have predicted,’ according to ...
December data showed industrial output far outpacing retail sales, and the unemployment rate ticking higher, highlighting the supply-side strength of an economy running a trillion-dollar trade ...
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression. Bessent, in further bearish ...