The decline of corporate taxation in recent decades is generally blamed on pirate states like Luxembourg, Ireland and Bermuda, which offer an alluring combination of…View More Opinion | The Tax Pirates Are Us
Prices are rising for everything from airfares to used cars, and fresh data due on Thursday will give policymakers and investors another chance to assess…View More Inflation is jumping. What does that actually mean?
The hopes for a booming pandemic recovery — growth led by jobs gains in the millions every month — were dealt a blow in recent…View More Opinion | Yes, Big Checks for the Jobless Slowed Jobs Growth
By Paul Krugman Opinion Columnist Many reports about the Biden administration’s budget proposal, released Friday, convey the sense that it’s huge. President Biden, scream some…View More Opinion | The Radical Modesty of Biden’s Budget
For all the administration’s focus on transformational policies, it’s not forecasting an outburst of economic potential. By Neil Irwin President Biden’s budget proposal includes billions…View More One Thing Missing From the Biden Budget: Booming Growth
WASHINGTON — McDonald’s, Chipotle and Amazon are all raising pay as companies try to fill jobs faster than they can find workers. Airplane tickets and…View More Defying Critics, Biden and the Fed Insist the Economic Recovery Is on Track
When Moon Jae-in, South Korea’s president, meets with President Biden at the White House on Friday, many will watch with North Korea on their minds.…View More Opinion | Biden Is Caught In a Semiconductor Crisis. Does South Korea Have the Answer?
To understand why inflation is so worrying to so many people, you could look at price charts for lumber or used cars or New York…View More Is It Time to Panic About Inflation? Ask These 5 Questions First.
The central fact of the American economy in mid-2021 is that demand for all sorts of goods and services has surged. But supplies are coming…View More Inflation Is Here. What Now?
By Thomas B. Edsall Mr. Edsall contributes a weekly column from Washington, D.C. on politics, demographics and inequality. Beginning in the mid-1960s, the priorities of…View More Opinion | Why Trump Still Has Millions of Americans in His Grip
A report published by the Biden administration on Friday made the case that a failure to adopt clean energy technologies and reduce carbon emissions will…View More The White House warns that the U.S. lags behind China on developing clean technologies.
By Kate Kelly, Stacy Cowley and Matt Phillips What a difference a year makes. Last year, as the pandemic raged across the country, banks set aside…View More Wall Street banks post big profits on the resiliency of the American consumer.
Last week, President Biden introduced a $2.2 trillion infrastructure plan, calling it “a once-in-a-generation investment in America.” In a speech, he outlined many of the…View More Opinion | Biden Can Go Bigger and Not ‘Pay for It’ the Old Way
WASHINGTON (REUTERS) – The United States must invest heavily in its workforce, infrastructure, research and development remain competitive and stay the world’s largest economy, Cecilia…View More US must invest heavily to stay No. 1 economy, says White House economist