The nation, and the Democratic Party, desperately needs a replacement for the tired story that tax cuts drive economic growth.
The emergence of vaccines has taken the edge off the worst fears, but a meaningful economic recovery probably remains distant.
Three savers learned some important lessons early on.
She never forgot that economics is about people.
He was a widely respected labor economist at Stanford who led President George W. Bush’s economic council during the financial crisis.
Claims for new unemployment benefits and other data suggest that the recent increase in infections is threatening the economic recovery.
Harvard recently held a private meeting for executives to talk candidly about the pandemic.
While many Americans suffered, the richest among us kept getting richer.
We used to carry and trade bits of metal everywhere, but a pandemic shortage and the rise of digital money are making jingly pockets a distant memory for many.
From trade and sanctions to tax policy and financial regulation, the former Fed chair will be at the center of the new administration’s agenda.
The nominee for Treasury secretary will face the tricky politics of generating a strong recovery out of the pandemic.
The former Fed chair, a labor market expert, appears poised to lead President-elect Biden’s Treasury Department.
In choosing Tony Blinken as secretary of state, the Biden team suggests a return to global cooperation.
World leaders committed to some efforts to fight the coronavirus pandemic, but the meeting illustrated the difficulty of carrying out an agenda when the United States is indifferent or hostile to many goals.
Economists warn that lawmakers must pass aid now, as a renewed coronavirus surge chills consumer spending and business activity.
On his 78th birthday, President-elect Joseph R. Biden Jr. ignored President Trump’s continued efforts to subvert the election results.
Trump’s Treasury secretary said Congress wanted key economic supports to end by Dec. 31, a view he expressed only after the vote count in the presidential election.
The Trump administration’s abrupt decision to curtail the Federal Reserve’s emergency lending programs is a gamble with no upside.
Mnuchin’s move and Shelton’s near-confirmation suggest a future of greater risks each time party control changes.
He terminated emergency-lending programs that will limit the new administration’s options — and upset the Federal Reserve, too.
The economic outlook is probably brighter than you think.
With coronavirus cases increasing again in the United States, the “fragility of the recovery” is in jeopardy, one economist said.
As several areas in the U.S. start to reimpose coronavirus restrictions, we look at some landmark figures that illuminate the depth of the recession and the prospects for recovery.
While the targets unquestionably suffer the most, denying people equal opportunities diminishes the finances of millions of Americans.
Elections are complicated, but the money the government sent to more than 150 million Americans didn’t hurt.
Ms. Shelton, a Trump loyalist with unusual views, hit a major setback. But her journey toward the Federal Reserve’s Board of Governors may not be over.
Hit hard by job losses and the pandemic’s effect on schooling and child care, American women face short-term difficulties and long-term repercussions.
A task force assembled by M.I.T. examined how technology has changed, and will change, the work force.
As president, Joe Biden will face deep dilemmas, and a lot of unfinished business, stemming from President Trump’s multiyear onslaught against China.
With the recovery slowing and coronavirus cases surging, Democrats must decide whether quick action on federal aid is more important than its scale.
Why big business needs big government and vice versa.
The president-elect has chosen proponents of stronger regulation to begin reviewing financial agencies.
Money poured into equity markets after Joseph R. Biden Jr. was declared president-elect and Pfizer and BioNTech announced that their vaccine candidate was highly effective.
What’s bad for America would be bad for corporations, too.
The ban, which affects companies including Huawei, China Mobile and China Telecom, is the administration’s first major move toward decoupling American financial markets from China.
The Federal Reserve chief warned that a vaccine was still too uncertain to count on, and lawmakers signaled that more support was not imminent.
Bill Gates, Senator Elizabeth Warren, Jamie Dimon, Masayoshi Son, Killer Mike and more will join us.
Some partisan differences were scrambled, but places with brighter future prospects swung toward Biden.
Which party controls the Senate will largely dictate how ambitious President-elect Joe Biden can get on taxes, health care, climate change and other policy priorities.
Emergency federal programs to assist the unemployed in the pandemic will expire at year’s end if there is no congressional action.
The Fed governor is seen as a top candidate for the job, though some progressives try to paint her as a centrist who was soft on China.
Democrats are eyeing the programs as a backup option if they can’t strike a deal to aid states and localities, and believe they may be needed to backstop markets. Republicans want them off the table.
Third-quarter financial results suggest that strong companies have gotten stronger and that some others are in dire straits.
If Republicans control the Senate, a Biden administration could take a cue from President Trump and find ways to act unilaterally on some economic issues.
With continuing Republican control of the Senate likely, the sort of large-scale stimulus some economists have urged may be off the table.
With at most a narrow majority in the Senate, the new president will be inclined to do less. He must be pushed to do more.
U.S. payrolls grew by 638,000 in October and unemployment fell to 6.9%, but lockdowns could stifle a rebound in restaurant and retail work.
The jobs report suggests a continued rebound but also long-lasting scars.
Mitch McConnell may make the nation ungovernable.
Congressional leaders and business groups are raising the possibility of new economic aid from Congress in the lame-duck session.