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Indeed, the share of consumer spending devoted to services has at last caught up with its pre-pandemic trend (see chart 1).
Baby Boomers (those born between 1946-1964, or aged 61-79 in 2025) stand out as the wealthiest generation in history. Born into the post-WWII expansion, they bought homes when prices were low, earned ...
Job market holds steady—but growth slows amid tariff uncertainty and weak consumer demand Businesses like UltraSource brace ...
Companies say they are freezing hiring and investment to deal with shifting tariff policies, which is compounding an uneasy ...
Whether economics is a ‘science’ or not, its laws apply to everybody.
Unlimited access to all shows on world news, China, American politics, technology and more Award-winning, in-depth series on vital issues Hosted by The Economist’s journalists ...
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication.
Confidence recovered modestly in May as consumers and industry shook off some of the upheaval prompted by U.S. tariff policy ...
John Rogers was visiting Shanghai in May 2013, attending a business forum as a Federal Reserve economist, when he first received an email from an alleged Chinese intelligence agent. The man ...
M atthias Doepke was impressed when he moved to America as a graduate student in the 1990s. Academic pay was better than in ...
“In terms of political spending, I’m going to do a lot less in the future,” he said in a video interview at the Qatar Economic Forum. “I think I’ve done enough.” ...
North Carolina’s economy grew steadily in 2024, but a UNC Charlotte economist projects a dimmer picture for 2025. Power 100: 25 Years of Progress The Charlotte Business Journal’s 2025 Power ...