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G.D.P. Posts 1.9% Rate as Trade Fight and Global Weakness Hit Economy
Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer. Gross domestic product — the broadest measure of goods and services...
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The Fed’s View on Inflation Is Quietly Shifting. Here’s Why.
WASHINGTON — In the summer of 1999, the Federal Reserve chair, Alan Greenspan, had a strange conundrum on his hands. Unemployment was low and companies were profitable. International risks that had...
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‘There’s Absolutely a Problem Here’: Readers on Long Job Hunts Even in a...
I’ve been a recruiter for 25 years. I’ve watched clients blindly pivot to younger candidate résumés for no viable reason. It’s a sad and unnecessary bias. Personally, I can report that once my former...
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Jobs Are Plentiful. Big Pay Raises Aren’t.
There are three basic stories that employment data have been telling us in the last few months. The October numbers, released Friday, confirm two of them and undermine the third. The first story: Jobs...
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Push to Raise Minimum Wage Goes Local, at Airports and Hotels
Labor unions and community groups are pursuing an increasingly successful strategy to force employers to pay their workers more: minimum wages for specific occupations and industries. The effort has...
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Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming
Norway’s rebound from 19 years of decline began a few weeks ago as Equinor began production in its Johan Sverdrup deepwater field. The field will eventually produce 440,000 barrels a day, increasing...
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Companies Cut Back, but Consumers Party On, Driving the Economy
Other news is largely ignored. In the October consumer survey, one in four respondents brought up the negative impact of tariffs. Just 2 percent mentioned the impeachment inquiry into President Trump....
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Walmart’s Strategy When Wading Into Culture Wars: Offend Few
Walmart is getting out of the vaping business, but still sells cigarettes. It is working to reduce plastic packaging for the products on its shelves, but continues to use plastic grocery bags in its...
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China’s Xi Praises Free Trade. A U.S. Deal Goes Unmentioned.
SHANGHAI — Xi Jinping, China’s top leader, broadly endorsed free trade principles and promised to welcome foreign investment in a speech on Tuesday, but he stopped short of providing specifics or...
View ArticleTrump Vowed to Shrink the Trade Gap. It Keeps Growing.
WASHINGTON — The overall United States trade deficit continued to widen in the first nine months of 2019, data released Tuesday morning show, defying a Trump administration plan to try to shrink the...
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