economics
The Fed continues to ignore basic economics — and it's we who will pay the price
The bank should be displaying more humility about its inflation-forecasting ability and not be dismissing these warnings out of hand. Maybe then the Fed will pause to reflect on whether...
Whopping 93% of subway stations have fewer riders than before the pandemic
Among the most impacted stations was the Canarsie-Rockaway station in Brooklyn on the L line where ridership last month was a mere 14.6% of what it was in 2019.
The price tag for COVID school closures that led to historic learning losses for kids could top $28 trillion
It’s more ugly evidence that on education — as on every other social issue — kids come dead last for US progressives.
Why 60 years of feminism has not made women any happier
When the American Family Survey recently asked: “All things considered, has feminism benefited American families?”, only 58.6% of respondents said yes. And the people who said yes also tend to...
Economy sinks Truss but not Xi — which bodes ill for the global economy
We have to regret that the cleaning of the economic stables has taken place in London rather than in Beijing, given China’s greater importance to the world economy.
America has paid dearly for Nobel winner Ben Bernanke's many mistakes
While at the central bank, first on the Fed board and then as Fed chair, Ben Bernanke made serious policy mistakes for which the country has paid dearly.
3 US-based economists given Nobel Prize for work on banks
Nobel prizes carry a cash award of 10 million Swedish kronor.
How Titan offers more than just robo advisement
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How New Yorkers make up to $1K a day by collecting cans off the streets
How three New Yorkers make a living by collecting cans off the streets.
Huge rent hikes may finally be 'coming to an end,' economist says
In July, the median asking rent nationwide rose 14% year over year, reaching $2,032, according to Redfin. That's down from May and June when rent growth was 16% and 15%.
Russian economy collapsing amid crippling sanctions, study says
"From our analysis, it becomes clear: business retreats and sanctions are catastrophically crippling the Russian economy," the authors write.
Recession another victim of Democrats' rewriting of the English language
The Biden administration is refusing to admit that the economy is currently in a recession despite the data showing a decline in GDP for two consecutive quarters.
Biden plays Orwell, tries to redefine what 'recession' means
President Joe Biden’s Council of Economic Advisors launched a preemptive strike against bad news with a blog post on the theme: “What is a recession?”
How 'free' government money actually harms its recipients
We have fresh evidence of the harmful, unintended consequences of welfare programs giving handouts to poorer households. That “free money” comes at a cost.
Karine Jean-Pierre slammed for claiming US ‘stronger economically’ than ever
White House press secretary Karine Jean-Pierre was ripped by critics after she claimed Thursday that the US is "stronger economically than we have been in history."
My dad bought a bar and turned it into our American dream
After being fired, one writer's dad bought a bar and turned it into their American dream.
Biden’s formula stunt, not solution and other commentary
“If you let markets work, there would be no need for a performative baby formula airlift orchestrated by the White House.”
Met Gala’s ‘Gilded Glamour’ ripped to shreds amid economic struggles
This year's Met Gala, themed "Gilded Glamor and White Tie," pays homage to America's era of economic ascent, but critics say it's "out-of-touch."
Get cameras in the Supreme Court and other commentary
“It’s not the cameras that make senators appear to be jackasses,” but “how they behave in front of cameras.” said Sen. Ben Sasse.
Russian default on its national debts 'imminent': Fitch ratings agency
Ratings agency Fitch downgraded Russia's "healthy investment rating" to a C.