Economy

Assessing Claims About Jobs Numbers During the Trump and Biden Presidencies

The U.S. economy did lose jobs under Trump, but the pandemic was largely to blame.

Old Lessons for the New Right

What a Depression-era farm program gone awry shows about the limits of federal power.

The National Association of Realtors Settles

A major class action lawsuit could mean lower housing prices for consumers.

Washington Has Lost the (Updated) Script on China

Xi Jinping’s China is not nearly the unstoppable economic powerhouse that many predicted.

Over the River and Through the Recession

Despite the malaise, the U.S. economy continues to defy expectations.

Do Democrats Really Create Stronger Economies?

Never confuse correlation with causation.

Yellen Seeks Economic Detente With China

‘We believe that the world is big enough for both of our countries to thrive.’

The Feds’ Crackdown on Cryptocurrency, Explained

The SEC hopes the courts will help it tighten regulations on cryptocurrencies.

Federal Reserve Pauses Rate Hikes

Plus: A rare staff editorial.

The American Wealth Machine and Its Misguided Discontents

Despite what you might hear (or believe), the U.S. economy continues to dominate the world.

Our China Self-Own

Failing to improve our immigration policy gives our biggest competitor a leg up on skilled labor.

Lawmakers Dig In Despite New Debt Ceiling Deadline

Treasury Secretary Janet Yellen says ‘X-date’ is approaching faster than anticipated.

Falling Hemlines and Rising Inflation

Examining the accuracy of the ‘hemline index.’

Five Words of Wisdom

The U.S. economy is stupendous, despite what you might be hearing.

What Happens if the Government Defaults?

No one knows exactly what would happen, but it won’t be pretty: A Dispatch Explainer.