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World
Voters Think America Is Broken. Biden Needs to Meet Them Where They Are.
Seven months away from a rematch election pitting President Biden against former President Donald Trump, the incumbent is struggling. Mr. Biden suffers from persistently low approval ratings, he barely manages to tie Mr. Trump in national head-to ...
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World
As Need Rises, Housing Aid Hits Lowest Level in Nearly 25 Years
Rents have surged and homelessness is at record heights, but fewer of the poorest tenants are getting housing assistance — in stark contrast to growth in other safety net programs.
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World
Why Is the College Board Pushing to Expand Advanced Placement?
This year, taxpayers paid the nonprofit at least $90 million for A.P. tests that many students failed.
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World
None Dare Call it Victory
Flation — whether in- or de- — is, other things being equal, a bad thing. Money is the economy’s unit of account, the yardstick we use to calculate profit and loss, make contracts, specify debts and more. It’s problematic when that yardstick keeps ...
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World
The Not-So-Great News About Lower Inflation
The news that consumer prices fell in December from November — yes, monthly inflation was negative — was not as wonderful for the Federal Reserve as you might expect. Fed officials are trying to persuade the financial markets and the public that the ...
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World
We Can’t Keep Spending Like This
The chart below should make you nervous. Updated with data released on Thursday by the Bureau of Economic Analysis, it shows that the U.S. personal saving rate dropped in October to 2.3 percent. How low is that? Since 1959 there has been only one ...
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World
Does Inflation Disproportionately Hurt the Poor?
Overzealously fighting inflation to help lower-income workers might actually do the opposite.