Manage the boom, don’t fight it.
The contraction in the U.S. seemed to end quickly in April 2020, but the committee charged with determining an endpoint has been quiet.
An anticipated surge of tourism in Portugal is suddenly not at all certain — a symbol of the global economy’s continued struggle with pandemic uncertainty.
The latest jobs report shows just how misguided their plans to cut unemployment benefits are.
Why does the federal government tolerate stingy state unemployment programs?
The federal government is undertaking the largest stimulus program in American history. The payoff could be more widely shared than usual.
Federal Reserve officials believe low and stable price expectations give them room to heal the job market. But what if outlooks change?
The president’s advisers are pushing their most detailed argument yet for the long-term benefits of a $4 trillion agenda to remake the American economy.
April’s anemic job creation was so out of line with what other indicators have suggested that it will take some time to unravel the mystery.
The diverging recoveries underway in the United States and Europe underscore the value of effective vaccination and public spending in the pandemic.
The dictionary doesn’t have enough superlatives to describe what’s happening to the five biggest technology companies, raising uncomfortable questions for their C.E.O.s.
The president’s speech laying out trillions of dollars in new economic proposals plays to voters’ warm feelings toward federal aid in the coronavirus pandemic.
U.S. factories are humming again. But the recovery’s speed has left many employers scrambling for workers or for parts.
The pandemic showed the flaws in the American approach to help the unemployed. Alternatives exist.
The Biden administration is relying on Congress instead of just the Fed to fix the economy. That mix could lead to a less wealth-unequal future.
The economy contracted by nearly 10 percent last year, and the country faces a reckoning with the I.M.F. over $45 billion in debts.
It’s going to be a year of bottlenecks and blips.
A monthslong effort to monitor and model economic trends inside the White House and the Treasury Department found little risk of prices spiraling upward faster than the Fed can manage.
Some big employers are giving up square footage as they juggle remote work. That could devastate building owners and cities.
Some notable participants in the debate over the Biden stimulus tell us, in their words, what a too-hot economy would look like.
We asked some prominent participants in the Great Overheating Debate of 2021 to explain what inflationary trends they’re afraid of (or not, as the case may be).
Though the recession has been painful, policymakers cushioned the pandemic’s blow and opened the way to recovery.
A reporter who has tracked decades of gloomy trends sees things lining up for roaring growth.
President Biden’s new role as a crusader for Americans in poverty is an evolution for a politician who has focused on the working class and his Senate work on the judiciary and foreign relations.
Drawing on a lesson from early in the Obama administration, the White House wants to tell voters how the legislation will help them and keep Republicans from defining it on their terms.
U.S. employers added 379,000 to their payrolls in February, increasing hopes that vaccinations and reopenings are giving the economic recovery a firmer grip.
Even with restrictions on business activity easing in many places, layoffs persist. The Texas storms were one of the latest setbacks.
Signs are pointing to a sizable pandemic baby bust in the United States, with implications that will be with us for years to come.
A looming hit to tax revenues puts pressure on Congress to deliver relief.
Personal income and spending both surged in January as a new round of government checks hit Americans’ bank accounts.
The official rate stood at 6.3 percent in January, but using an expanded metric, Fed and Treasury officials say it’s closer to 10 percent.
Signs of economic life are picking up, and mounds of cash are waiting to be spent as the virus loosens its grip.
Pandemic aid has cushioned workers and businesses from a severe recession. But as governments face trillions in debt, there’s no rush to rein it in.
Administration and Fed officials argue that workers not getting enough stimulus help is a larger concern than potential spikes in consumer prices.
They all agree pandemic aid is warranted, but the question is how big and how quickly.
Why Biden needs to go big and ignore the worriers.
With a gain of 49,000 jobs in January, and with few of those in the private sector, the labor market offers little relief to the nearly 10 million Americans who are unemployed.
January employment numbers suggest a stalling of progress toward a full recovery.
A double-dip recession in the European Union appears likely after the trade bloc reported a decline in economic output in the last quarter of 2020.
Some economists say the Paycheck Protection Program has not proved as useful as other aid. The debate could sway the new administration’s plans.
The president’s economic advisers are increasingly worried about the faltering recovery and the economic outlook.
Supporters of aggressive stimulus see an opportunity to finally correct the mistakes of the last recession and achieve boom times quickly.
So far, Joe Biden has been surprisingly progressive.
Bad economies usually hurt both workers and investors. Only the first part has been true this time.
A decline in funding and changes in the workplace — and how long people are out of work — have left a program unequal to the 21st-century economy.
Policymakers are eager to return to the period of low unemployment that preceded the pandemic and are less concerned than in previous eras about sparking inflation and taking on debt.
Using a crisis to reduce child poverty and make America more truly a land of opportunity.
Four new books look at life after the virus and reach startlingly different conclusions.
Despite new pandemic aid, he confronts an economic crisis unlike any since he last entered office in 2009. And political headwinds have only stiffened.