Stock Buybacks and Dividends Become a $1.5 Trillion Political Target

Companies have been criticized for the vast sums they are sending investors. Some of that money could be put to better use but for the most part, our columnist says, bring it on.

#corporate-taxes, #dividends-finance, #executive-compensation, #oil-petroleum-and-gasoline, #standardpoors-500-stock-index, #stock-options-and-purchase-plans, #stocks-and-bonds, #united-states-economy

Stocks Record Best Stretch of the Year, as Inflation Eases

Positive economic signs have sent the S&P 500 higher for four consecutive weeks, but some investors worry about how long the rally can last.

#standardpoors-500-stock-index, #stocks-and-bonds, #united-states-economy

Biden Says Inflation in July Was Zero. He’s Right. And He’s Wrong.

This sort of thing is tricky, even for economists.

#economics-theory-and-philosophy, #inflation-economics, #internal-sub-only-nl, #united-states-economy

The Climate Bill’s “Greenflation” Will Be Worth It

Getting off fossil fuels can bring price stability and significant savings, but consumers may also face “greenflation.”

#alternative-and-renewable-energy, #electric-and-hybrid-vehicles, #greenhouse-gas-emissions, #inflation-reduction-act-of-2022, #prices-fares-fees-and-rates, #supply-chain, #united-states, #united-states-economy, #water-heaters

Finally, Some Good News on Inflation

What July’s Big Zero does — and doesn’t — mean for the future.

#inflation-economics, #midterm-elections-2022, #republican-party, #supply-chain, #united-states-economy, #wages-and-salaries

Rethinking Joe Manchin

Now that Joe Manchin has saved the Democratic agenda, how should liberals think about him?

#elections, #health-insurance-and-managed-care, #internal-storyline-no, #law-and-legislation, #liberalism-us-politics, #states-us, #united-states-economy

Advice for Handling Retiring During a Financial Downturn

Market declines during the first five years of retirement can have a significant effect on a financial portfolio, but remaining flexible can mitigate the damage.

#content-type-service, #elderly, #financial-planners, #inflation-economics, #pensions-and-retirement-plans, #personal-finances, #retirement, #stocks-and-bonds, #t-rowe-price-group-inc, #united-states, #united-states-economy

The Climate Bill Isn’t Perfect, but It’s Still a Major Victory

There may be better ways to slow global warming, but this legislation is a big step forward.

#alternative-and-renewable-energy, #batteries, #carbon-capture-and-sequestration, #electric-and-hybrid-vehicles, #environmental-protection-agency, #global-warming, #greenhouse-gas-emissions, #inflation-reduction-act-of-2022, #oil-petroleum-and-gasoline, #tax-credits-deductions-and-exemptions, #united-states, #united-states-economy

Gas Prices in the U.S. Fall Below $4 a Gallon

After peaking in mid-June, they have tracked a global decline in oil prices and are back where they were in March.

#american-automobile-assn, #automobiles, #diesel-power, #gasoline-tax-us, #inflation-economics, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #united-states-economy

Markets Rise Sharply, Seizing on Inflation Numbers

#banking-and-financial-institutions, #consumer-price-index, #federal-reserve-system, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states, #united-states-economy

Why the CHIPS Act Exists and What It Could Mean for the U.S.

What a $280 billion law signed by President Biden this week might mean for Americans.

#computer-chips, #computers-and-the-internet, #intel-corporation, #internal-sub-only-nl, #united-states-economy

Inflation Cooled in July, Welcome News for White House and Fed

Prices have increased rapidly since last year, but barely budged in July — a positive development, though not yet enough for a victory lap.

#biden-joseph-r-jr, #federal-reserve-system, #inflation-economics, #interest-rates, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #renting-and-leasing-real-estate, #united-states-economy, #used-cars

High Inflation Remain a Problem for Biden

Speaking at the White House, the president declared that his “economic plan is working.”

#biden-joseph-r-jr, #inflation-economics, #inflation-reduction-act-of-2022, #united-states-economy

The Strength of Our Political Loyalties Changes Our Actual Beliefs

We are pulling apart from each other in a way that Is making the problem worse.

#black-people, #democratic-party, #income-inequality, #midterm-elections-2022, #presidential-election-of-2016, #presidential-election-of-2020, #race-and-ethnicity, #republican-party, #trump-donald-j, #united-states-economy, #whites

Democrats Enter the Fall Armed With Something New: Hope

Democrats say the climate and tax bill will help win over a skeptical electorate in November, as Republicans try to galvanize their base against a progressive wish list.

#biden-joseph-r-jr, #democratic-party, #elections-house-of-representatives, #elections-senate, #inflation-reduction-act-of-2022, #law-and-legislation, #midterm-elections-2022, #polls-and-public-opinion, #united-states-economy, #united-states-politics-and-government, #voting-and-voters

Can Global Shipping Be Fixed? One Regulator Will Try.

The Federal Maritime Commission, traditionally obscure, has been cast by Congress and the administration to help lead the campaign to tame inflation.

#biden-joseph-r-jr, #content-type-personal-profile, #federal-maritime-commission, #inflation-economics, #law-and-legislation, #maffei-daniel-b, #ports, #prices-fares-fees-and-rates, #ships-and-shipping, #trucks-and-trucking, #united-states-economy, #united-states-politics-and-government

In an Unequal Economy, the Poor Face Inflation Now and Job Loss Later

Americans with low incomes are pulling back from buying even as their richer counterparts keep spending — with potentially big consequences.

#affordable-housing, #coronavirus-2019-ncov, #credit-and-debt, #federal-reserve-system, #high-net-worth-individuals, #income-inequality, #inflation-economics, #interest-rates, #layoffs-and-job-reductions, #personal-finances, #poverty, #renting-and-leasing-real-estate, #stimulus-economic, #united-states-economy, #wages-and-salaries

Biden’s Remarkable Summer

The president needs to seize this moment and brag about his wins.

#biden-joseph-r-jr, #inflation-economics, #inflation-reduction-act-of-2022, #law-and-legislation, #presidential-election-of-2024, #united-states-economy, #united-states-politics-and-government

What’s In the Climate, Tax and Health Care Bill

The bill includes billions in tax credits for the production of renewable energy, drug-pricing reforms and a boost for the I.R.S.

#drugs-pharmaceuticals, #global-warming, #greenhouse-gas-emissions, #internal-revenue-service, #senate, #tax-credits-deductions-and-exemptions, #united-states-economy, #united-states-politics-and-government

How Argentines Cope With Inflation That’s 64% and Rising

With the world grappling with rising prices, a tour through Argentina reveals that years of inflation can give rise to a truly bizarre economy.

#argentina, #buenos-aires-argentina, #economic-conditions-and-trends, #prices-fares-fees-and-rates, #united-states-economy

How This Economic Moment Rewrites the Rules

Jobs aplenty. Sizzling demand. If the United States is headed into a recession, it is taking an unusual route, with many markers of a boom.

#biden-joseph-r-jr, #consumer-behavior, #coronavirus-2019-ncov, #federal-reserve-system, #inflation-economics, #labor-and-jobs, #prices-fares-fees-and-rates, #recession-and-depression, #united-states-economy, #williston-nd

How a New Corporate Minimum Tax Could Reshape Business Investments

With a new corporate minimum tax, Democrats would be adding complexity to an already byzantine tax system.

#biden-joseph-r-jr, #chamber-of-commerce-and-industry, #corporate-taxes, #factories-and-manufacturing, #sinema-kyrsten, #taxation, #united-states-chamber-of-commerce, #united-states-economy, #united-states-politics-and-government, #yellen-janet-l

A Clean Energy Future is in the Hands of Congress

The Inflation Reduction Act may be the single-most important piece of climate legislation in American history.

#alternative-and-renewable-energy, #breakthrough-energy-coalition, #democratic-party, #fuel-efficiency, #global-warming, #greenhouse-gas-emissions, #heat-and-heat-waves, #inflation-reduction-act-of-2022, #innovation, #law-and-legislation, #manchin-joe-iii, #power-failures-and-blackouts, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states, #united-states-economy

Good News on Jobs May Mean Bad News Later as Hiring Spree Defies Fed

Employers hired rapidly and paid more in July, suggesting the Federal Reserve may have to remain aggressive in its effort to cool the economy.

#biden-joseph-r-jr, #federal-reserve-system, #hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #powell-jerome-h, #prices-fares-fees-and-rates, #recession-and-depression, #united-states-economy, #wages-and-salaries, #white-house-council-of-economic-advisers

With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic

The increase of 528,000 outstripped expectations, and the gains were spread widely across industries. The jobless rate fell to 3.5 percent.

#federal-reserve-system, #hiring-and-promotion, #labor-and-jobs, #labor-department-us, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

Carried Interest Is Back in the Headlines. Why It’s Not Going Away.

Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.

#american-investment-council, #capital-gains-tax, #democratic-party, #executive-compensation, #hedge-funds, #high-net-worth-individuals, #income-tax, #inflation-reduction-act-of-2022, #law-and-legislation, #manchin-joe-iii, #private-equity, #schumer-charles-e, #sinema-kyrsten, #stocks-and-bonds, #tax-credits-deductions-and-exemptions, #taxation, #united-states, #united-states-economy, #united-states-politics-and-government, #venture-capital

Lessons From the ’80s, When Paul Volcker Reigned and Rates Were High

When inflation was soaring 40 years ago and the economy slowed, short-term investing was perilous. But people with patience and long horizons came out fine.

#gold, #gold-standard-monetary, #inflation-economics, #interest-rates, #recession-and-depression, #standardpoors-500-stock-index, #united-states-economy, #volcker-paul-a

How Republicans Are ‘Weaponizing’ Public Office Against Climate Action

A Times investigation revealed a coordinated effort by state treasurers to use government muscle and public funds to punish companies trying to reduce greenhouse gases.

#american-legislative-exchange-council, #banking-and-financial-institutions, #blackrock-inc, #boycotts, #coal, #conservatism-us-politics, #corporate-social-responsibility, #fink-laurence-d, #global-warming, #greenhouse-gas-emissions, #heartland-institute, #heritage-foundation, #lobbying-and-lobbyists, #oil-petroleum-and-gasoline, #pensions-and-retirement-plans, #republican-party, #state-financial-officers-foundation, #states-us, #united-states-economy, #united-states-politics-and-government, #west-virginia

The Case for Mandatory National Service

Expanding AmeriCorps could help us solve a number of pressing individual, social and economic problems.

#internal-sub-only-nl, #labor-and-jobs, #united-states-economy, #volunteers-and-community-service

We Can’t Let Bad Vibes Lead Us to a Recession

When we think about things like inflation and monetary policy, it’s best to frame them through people. And people are, of course, silly and messy.

#consumer-behavior, #federal-reserve-system, #inflation-economics, #powell-jerome-h, #recession-and-depression, #united-states-economy

U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.

#embargoes-and-sanctions, #europe, #european-union, #group-of-seven, #international-relations, #international-trade-and-world-market, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #russia, #russian-invasion-of-ukraine-2022, #treasury-department, #united-states-economy, #yellen-janet-l

Congress Is Giving Billions to the Chip Industry. Strings Are Attached.

Industrial policy is back in Washington, as a vast semiconductor and science bill gives the government new sway over a strategic industry.

#automobiles, #computer-chips, #factories-and-manufacturing, #supply-chain, #united-states-economy, #united-states-international-relations

A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers.

Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.

#daly-mary-c, #evans-charles-l, #federal-reserve-bank-of-chicago, #federal-reserve-bank-of-cleveland, #federal-reserve-bank-of-minneapolis, #federal-reserve-bank-of-new-york, #federal-reserve-bank-of-san-francisco, #federal-reserve-system, #inflation-economics, #interest-rates, #kashkari-neel-t, #mester-loretta-j, #powell-jerome-h, #united-states-economy

Analysis Deems Biden’s Climate and Tax Bill Fiscally Responsible

Despite Republican claims, the new legislation would be only a modest corporate tax increase, Congress’s Joint Committee on Taxation found.

#alternative-and-renewable-energy, #congressional-budget-office, #corporate-taxes, #drugs-pharmaceuticals, #federal-budget-us, #global-warming, #income-tax, #inflation-economics, #inflation-reduction-act-of-2022, #internal-revenue-service, #joint-committee-on-taxation, #law-and-legislation, #national-debt-us, #senate-committee-on-finance, #tax-credits-deductions-and-exemptions, #tax-cuts-and-jobs-act-2017, #tax-evasion, #united-states-economy, #united-states-politics-and-government

Reduce Climate Emissions and the Deficit? It Might Yet Be Possible.

The Schumer-Manchin compromise is a step in the right direction.

#federal-reserve-system, #inflation-economics, #inflation-reduction-act-of-2022, #manchin-joe-iii, #schumer-charles-e, #united-states-economy

Can Inflation Reduction Save the Planet?

This bill just might catalyze a crucial energy transition.

#alternative-and-renewable-energy, #electric-and-hybrid-vehicles, #global-warming, #greenhouse-gas-emissions, #inflation-economics, #inflation-reduction-act-of-2022, #solar-energy, #united-states-economy, #wind-power

Supply-Side Economics Isn’t Just for Republicans Anymore

Democrats are shaping their own version.

#democratic-party, #economics-theory-and-philosophy, #federal-aid-us, #inflation-economics, #inflation-reduction-act-of-2022, #internal-sub-only-nl, #production, #united-states-economy, #united-states-politics-and-government

‘Friending Bias’

A large new study offers clues about how lower-income children can rise up the economic ladder.

#children-and-childhood, #friendship, #income-inequality, #internal-storyline-no, #research, #united-states-economy

Joe Manchin Is Throwing Joe Biden a Surprise Party

Goody bags include the biggest surprise of all: action on climate change.

#american-jobs-plan-2021, #biden-joseph-r-jr, #democratic-party, #drugs-pharmaceuticals, #manchin-joe-iii, #midterm-elections-2022, #recession-and-depression, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

How Joe Manchin Shaped the Climate Change Bill

Along the way to the $369 billion package, the West Virginia senator secured an array of concessions for his state and for the fossil fuel industry.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #black-lung-disease, #carbon-capture-and-sequestration, #coal, #democratic-party, #drilling-and-boring, #electric-and-hybrid-vehicles, #global-warming, #greenhouse-gas-emissions, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #mines-and-mining, #natural-gas, #offshore-drilling-and-exploration, #oil-petroleum-and-gasoline, #pipelines, #senate, #tax-credits-deductions-and-exemptions, #united-states-economy, #united-states-politics-and-government

Biden Savors Much-Needed Victories. But Will the Highs Overshadow the Lows?

With the midterm elections around the corner, the challenge for President Biden is to make sure his latest successes resonate with Americans who remain deeply skeptical about the future.

#biden-joseph-r-jr, #global-warming, #law-and-legislation, #oil-petroleum-and-gasoline, #united-states-economy, #united-states-politics-and-government

Pay growth and prices picked up, keeping the Fed on track for rate increases.

The Federal Reserve’s preferred inflation gauge climbed rapidly in June. Wage and benefit gains are fast, too, separate data showed.

#federal-reserve-system, #inflation-economics, #interest-rates, #labor-and-jobs, #powell-jerome-h, #prices-fares-fees-and-rates, #recession-and-depression, #united-states-economy, #wages-and-salaries

Recession? Not for Big Tech.

Many companies are navigating tough times better than investors had feared.

#amazon-com-inc, #apple-inc, #facebook-inc, #google-inc, #gross-domestic-product, #inflation-economics, #microsoft-corp, #recession-and-depression, #science-and-technology, #united-states-economy

What Does It Really Mean to Live ‘Paycheck to Paycheck’?

We don’t have a good agreed-upon definition.

#finances, #internal-sub-only-nl, #united-states-economy

The S&P 500 is about to have its best month since November 2020.

The rebound in stocks is a reflection that the current round of updates from corporate America are not as bad as feared. But there are still reasons for investors to be wary.

#company-reports, #federal-reserve-system, #inflation-economics, #interest-rates, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states-economy

How Do Workers’ Wages Relate to Inflation?

Why workers’ pay has become central to inflation debates.

#economics-theory-and-philosophy, #federal-reserve-system, #inflation-economics, #internal-sub-only-nl, #international-trade-and-world-market, #labor-and-jobs, #layoffs-and-job-reductions, #prices-fares-fees-and-rates, #recession-and-depression, #united-states-economy, #wages-and-salaries

Climate Bill ‘Transformative’ for Auto and Energy Industries

The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.

#automobiles, #batteries, #carbon-capture-and-sequestration, #china, #democratic-party, #electric-and-hybrid-vehicles, #energy-and-power, #factories-and-manufacturing, #fuel-efficiency, #fuel-emissions-transportation, #global-warming, #greenhouse-gas-emissions, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #methane, #natural-gas, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #reicher-dan-w, #stokes-leah, #tax-credits-deductions-and-exemptions, #united-states, #united-states-economy, #united-states-politics-and-government, #used-cars, #warren-mich

If the Economy Is Shaky, Why Are Company Profits Still Strong?

Corporate optimism may seem at odds with the Fed’s grim determination to hold back the economy to get inflation down, but earnings tell a story that other data doesn’t.

#banking-and-financial-institutions, #company-reports, #corporations, #credit-and-debt, #mortgages, #personal-finances, #pultegroup, #real-estate-and-housing-residential, #united-states-economy

The Big Economic Question

It is not whether the U.S. is in a recession. It’s whether the economy will soon worsen.

#federal-reserve-system, #inflation-economics, #interest-rates, #internal-storyline-no, #layoffs-and-job-reductions, #recession-and-depression, #united-states-economy

In Compromise, the Climate Left May Be Vindicated

The Manchin-Schumer bill may well prove inadequate. It also represents a generational achievement.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #carbon-dioxide, #democratic-party, #demonstrations-protests-and-riots, #global-warming, #green-new-deal, #greenhouse-gas-emissions, #internal-sub-only-nl, #manchin-joe-iii, #polls-and-public-opinion, #united-states, #united-states-economy