

Ben Casselman
Posts

Rents Are Falling. So Why Isn’t That Showing Up in Inflation Data?
Pandemic disruptions may have muddled the measurement of home prices in government data. That could complicate the Fed’s course on interest rates.

Three Lessons From a Surprisingly Resilient Job Market
The recovery from the pandemic lockdowns has prompted economists to consider whether their playbook is outdated or just missing a page.

U.S. Economy Grew at 3.3% Rate in Latest Quarter
The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.

Grounded Boeing Max 9 Jets Could Resume Flying Within Days
The F.A.A. approved inspection guidelines for the 737s, one of which lost a body panel in flight. Alaska Airlines planned to start using them again...

The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?
Economists have become increasingly optimistic about the odds of a soft landing. But as 2024 begins to unfold, risks remain.

A 30-Year Trap: The Problem With America’s Weird Mortgages
One big reason the U.S. housing market is broken: Owners don’t want to give up their cushy old loans.

One Casualty of a Shutdown: Government Data
A lapse in funding would delay data on unemployment and inflation as policymakers try to avoid a recession.

Wages Rose Only 0.2% in August, Easing Inflation Fears
The August increase was the smallest since early last year, a welcome sign for Federal Reserve policymakers.

U.S. Jobs Total 300,000 Less Than in Earlier Data Through March
Revised figures for the year ended in March show 300,000 fewer jobs at the close of the period than previously reported.

Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers...