Tag Archives: economy

Inflation Rate Rises as the Economy Reawakens: Live Updates

Inflation Rate Rises as the Economy Reawakens: Live Updates Inflation Rate Rises as the Economy Reawakens: Live Updates Here’s what you need to know: Consumer prices rose in March at their fastest pace in nearly nine years, an increase that may fuel inflation fears but that likely overstates the extent of the acceleration. The Consumer Price Index, a closely watched …

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‘The U.S. Economy Will Likely Boom,’ Jamie Dimon Predicts: Live Updates

Jamie Dimon, the chief executive of JPMorgan Chase.

‘The U.S. Economy Will Likely Boom,’ Jamie Dimon Predicts: Live Updates ‘The U.S. Economy Will Likely Boom,’ Jamie Dimon Predicts: Live Updates Here’s what you need to know: Jamie Dimon, the chief executive of JPMorgan Chase.Credit…Jeenah Moon/Reuters The annual letter to shareholders by JPMorgan Chase’s chief executive, Jamie Dimon, was published early Wednesday. The letter, which is widely read on …

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How Debt and Climate Change Pose ‘Systemic Risk’ to World Economy

How Debt and Climate Change Pose ‘Systemic Risk’ to World Economy

How Debt and Climate Change Pose ‘Systemic Risk’ to World Economy How Debt and Climate Change Pose ‘Systemic Risk’ to World Economy How does a country deal with climate disasters when it’s drowning in debt? Not very well, it turns out. Especially not when a global pandemic clobbers its economy. Take Belize, Fiji and Mozambique. Vastly different countries, they are …

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Biden Details $2 Trillion Plan to Rebuild Infrastructure and Reshape the Economy

Biden Details $2 Trillion Plan to Rebuild Infrastructure and Reshape the Economy

Biden Details $2 Trillion Plan to Rebuild Infrastructure and Reshape the Economy Biden Details $2 Trillion Plan to Rebuild Infrastructure and Reshape the Economy WASHINGTON — President Biden introduced a $2 trillion plan on Wednesday to overhaul and upgrade the nation’s infrastructure, calling it a transformational effort that could create the “most resilient, innovative economy in the world.” “It is …

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To Juice the Economy, Biden Bets on the Poor

To Juice the Economy, Biden Bets on the Poor

To Juice the Economy, Biden Bets on the Poor To Juice the Economy, Biden Bets on the Poor But unlike Mr. Biden, Mr. Trump pursued a top-down approach to reinvigorating economic and wage growth. He cut taxes for corporations and other businesses, alongside cuts in individual tax rates up and down the income spectrum. His advisers predicted that the moves …

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For the Economy, the Present Doesn’t Matter. It’s All About the Near Future.

For the Economy, the Present Doesn’t Matter. It’s All About the Near Future.

For the Economy, the Present Doesn’t Matter. It’s All About the Near Future. For the Economy, the Present Doesn’t Matter. It’s All About the Near Future. It is generally considered bad journalistic practice to start an article this way, but it must be said: The new jobs numbers that the Labor Department released Friday morning don’t matter. These numbers can …

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What Job Sites Reveal About the Economy

What Job Sites Reveal About the Economy

What Job Sites Reveal About the Economy What Job Sites Reveal About the Economy This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. This software sales job isn’t really in Remote, Ore., a tiny town 200 miles south of Portland. This internship isn’t either. This job is probably not in Remote, …

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The Biden Economy Risks a Speeding Ticket

The Biden Economy Risks a Speeding Ticket

The Biden Economy Risks a Speeding Ticket The Biden Economy Risks a Speeding Ticket Fortunately, a lot of stimulus is already in place. The most recent coronavirus relief bill, signed into law at the end of December, was for about $900 billion. Its effects have not yet shown up in G.D.P. data. On top of that is the pent-up demand …

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India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens

India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens

India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens NEW DELHI — After plunging into one of the worst recessions of any major economy, India is showing signs of a modest comeback. But that recovery is uneven, and the country is still struggling to find ways to sustain growth. Its service …

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The Boredom Economy – The New York Times

The Boredom Economy - The New York Times

The Boredom Economy – The New York Times The Boredom Economy – The New York Times Among the most vivid recent examples of boredom’s economic influence occurred late last month when amateur traders, many of them followers of the Reddit forum Wall Street Bets, piled into shares of GameStop, a down-for-the-count retailer for gamers. These investors pushed its stock to …

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