Trade and housing, including the latest news and analysis on the federal reserve and central banking. David paul morris/bloomberg jackson hole, wyo. Americans have consistently given trump better marks on the economy than biden—to the frustration of biden’s advisers, who complain the president hasn’t gotten the credit he deserves.
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Shutdowns can squeeze the economy in different ways, from missed paychecks for hundreds of thousands of federal employees to the delayed release of crucial economic indicators
Wage growth for top earners once again outstrips gains for those at the bottom.
Whoever wins the white house next week will take office with no shortage of challenges, but at least one huge asset An economy that is putting its peers to shame. L.a.’s entertainment economy is looking like a disaster movie work is evaporating, businesses are closing, longtime residents are leaving, and the city’s creative middle class is hanging on by. During his annual speech in jackson hole, wyo., fed chair jerome powell discussed the potential for the central bank to cut interest rates
