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The Economy

  1. The American Economy Isn’t Getting Any Less RacistThe racial wealth gap is exploding, while anti-black hiring discrimination remains as prevalent as it was three decades ago, according to new studies.
  2. U.S. Households Are Finally Making More Than They Did in 1999The median household income hit a new record in 2016 — but the American economy still isn’t great.
  3. The Opioid Crisis Is Taking a Toll On the American Labor ForceA new study suggests that opioid use may account for 20 percent of the decline in workforce participation among American men.
  4. Americans Feel Better About the Economy Than Any Time Since 2001The good spirits are attributed to “resilient job growth, higher stock prices and income gains.”
  5. Trump Brings Boom to the Beleaguered Poster-Board IndustryBy inspiring the hatred of blue America, the president has already brought much-needed relief to the protest-sign-supplies business.
  6. the national interest
    Obama’s Economy Didn’t Elect Trump. But It Might Reelect Him.It’s pretty clear the economy was not Clinton’s problem.
  7. The Working Poor Got Richer in 2016Low unemployment and minimum-wage increases sparked strong wage growth at the bottom of America’s income ladder in Obama’s final year.
  8. Wall Street Remembers Why It Was Afraid of President TrumpGoldman Sachs is starting to wonder if having an incompetent nativist as president might have its downsides.
  9. Americans Expect Trump to Create Lots of Jobs — But They Still Don’t Like HimA new poll shows that Trump is the least popular president-elect in history — even as a majority of voters expect him to be good for the economy.
  10. Big Corporations Are Lining Up to Help Trump Tell a Jobs-Creation StoryAnd news outlets are going along for the ride.
  11. A New Study Shows How Severe Inequality Is — and How Little We’re Doing About ItThe average income for the bottom 50 percent is the same as in 1980 — while the average income for the top one percent has more than tripled.
  12. Republicans Suddenly Think the Economy Is Getting BetterOne week ago, only 16 percent of Republicans thought economic conditions were getting better. Now, 49 percent do.
  13. policy
    Wall Street’s (Confused) Position on Trump’s PresidencySpeculation in a vacuum of information.
  14. One More Reason Why 2016 May Not Be a ‘Change Election’Wages for full-time American workers just hit an all-time high.
  15. surpluses
    The Food-Price Slump Is Officially the Country’s Longest Since 1960It hasn’t been easy on farmers.
  16. early and often
    Wall Street Is Starting to Get Freaked Out About Donald TrumpMarkets have gotten more volatile as polls have tightened. Some seers think a Trump win could send stocks down 10 percent.
  17. Trump’s New Anti-Immigration Pitch Makes Even Less Sense Than His Old OneIt’s unlikely to improve working-class wages or employment prospects.
  18. The Stock Market Is Quiet. Too Quiet.The volatility of the stock market is at a two-decade low. Some analysts worry we might be in the calm before the storm.
  19. it's the economy
    What Trump Backers Really Want From the EconomyIt’s not about balanced budgets or limited government.
  20. Should You Be Worried About April’s Disappointing Jobs Report?Hiring is down, jobless claims are up, and Donald Trump is the GOP nominee. Should you check the price of one-way tickets to Toronto?
  21. the economy
    We Could Be In for Another Recession, and We’re Not Ready for ItThe government may be unable or unwilling to use the tactics that got us through the last one.
  22. the money
    Who’s Winning the Great Bernie Magic-Math Battle?Bernie Sanders’s economic plan won’t deliver 5 percent growth, but his proposal might have a lesson to teach Hillary.
  23. money
    How Tax Evasion Is Fueling InequalityA new book explains why everyone should be up in arms about billionaires’ Cayman Islands accounts.
  24. the economy
    Janet Yellen ‘Dehydrated’ After Speech; Fed Chair, Economy Both OkayShe said she expects the Fed to raise interest rates by the end of this year.
  25. the money
    Will the New Concierge Economy Mean the End of the Errand?Maybe outsourcing errands to an app will prove as liberating as a washing machine.
  26. Is the Fed About to Hike Interest Rates? The headlines say yes, but the markets say no.  
  27. lifestyles of the rich and richer
    Hedgies Stumble Upon the Brilliant Idea of Investing in AppleAn update from the world of stealing from the rich to give to the rich. 
  28. the economy
    1.3 Million People Lost Unemployment Benefits TodayIncluding 127,000 New Yorkers.
  29. jobs jobs jobs
    The Economic Recovery Looks Like a House and a NurseConstruction and health-care jobs lead the way to 236,000 new payrolls.
  30. Economy Not Quite As Terrible As Initially Believed (But Still Pretty Terrible)!It grew at an annual rate of … 0.1 percent.
  31. club fed
    The Fed Puts on Its Superman Cape and Decides to Fix UnemploymentThe central bank implemented the so-called Evans Rule.
  32. usa usa usa
    Jobs Report: Time to Call It a ComebackThe economy added 171,000 new jobs and proved that it’s on the mend.
  33. frankenstorm
    No One Shopped During Hurricane Sandy, ObviouslyDespite American Apparel’s best (and ickiest) efforts.
  34. Dow, S&P Report Their Biggest First-Quarter Point Gains Since 1998We’re saved!
  35. the economy
    People Still Think Hemlines Are Related to the EconomyLet’s play along!
  36. ink-stained wretches
    New York Times to Shed Some Newsroom StaffFewer than twenty voluntary buyouts are planned.
  37. occupy wall street
    Occupying Wall Street With Yoga, Pillow Fights, and Small-Group DiscussionsJust what the mayor was worried about.
  38. bad news
    The American Economy Is Really Into the Nineties Nostalgia TrendNot the bubblegum-pop era. More like the sad, grungy times.
  39. the economy
    By the Way, Congress, Even Without the Debt Ceiling Raise, the Economy Is Shriveling on the VineSome bad numbers came out today.
  40. the economy
    Obama’s Top Economic Adviser Leaving PostTo return to school.
  41. that's gross!
    Pimco’s Bill Gross Feels Like a Frog in HeatThe CEO is literally stewing over the Fed’s monetary policy.
  42. fi-cri fallout
    Dow Hits Highest Level in Three Years12,000, recalling a time when some, but not all, of the economy was in tatters.
  43. Mediavore
    Acme’s Unionized Workers Reject Buyout Bid; Everything That’sPlus Michelin stars lose prestige in the UK, and despite roast beef supposedly being the “next big thing,” Wendy’s/Arby’s group looks to unload Arby’s all in our morning news roundup.
  44. the new normal
    Breaking: Rich Are Rich Again, Poor Still PoorThe “new normal,” it turns out, is pretty much the same as the old normal.
  45. economic conditions
    Even Doctor Doom Can’t Triumph in This MarketNouriel Roubini can’t sell his party pad.
  46. Mediavore
    Philadelphia Union Scores With a Bimbo; Hospitality Sector Adds 25,000 New JobsPlus McDonald’s Fruit and Maple oatmeal doesn’t actually contain any maple syrup, and concerns over dioxin-tainted animal feed spreads to France and Denmark, all in our morning news roundup.
  47. dicks
    Former Investment Banker’s Human-Trafficking Business Is BoomingMail-order brides are really cost-effective, aptly named Wharton grad Joseph Weiner explains.
  48. housing
    The Housing Market May Already Be in a Double DipThat’s not good news.
  49. shopping
    People Are Shopping Again!For jewelry! And clothes! And home furniture! And cars!
  50. Mediavore
    Boozers Spend Less This Holiday Season; PA Residents Who Buy Booze in NJ LongPlus eggs are great for hangovers, and Kroger issues a recall on pet in food in 19 states, all in out morning news roundup.
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