Mark Whitehouse
A U.S. recession is hard to find in the data
The recent carnage in financial markets has prompted much speculation about whether the U.S. economy is headed into a recession. If so, it certainly...
China’s currency isn’t dominant just yet
Despite growing concerns that China’s economy is in trouble, the country’s currency is widely seen as a contender to oust the U.S. dollar from...
The end, at last, of the housing-debt hangover
A giant housing-debt hangover has been one of the main culprits behind the U.S. economy’s lackluster recovery from the 2008 recession. In one encouraging...
Job market tells Fed to proceed with caution
A healing job market is giving the U.S. Federal Reserve reason to pull back on economic stimulus by ending an unprecedented period of near-zero...
Nonessentials spur growth in U.S. economy
What makes the U.S. economy grow? A look at consumer spending data offers a simple if perhaps troubling answer: Increasingly, it's people buying stuff...
Americans spend more on stuff they don’t need
What makes the U.S. economy grow? A look at consumer spending data offers a simple if perhaps troubling answer: Increasingly, it’s people buying stuff...
Markets still don’t believe the Fed’s forecasts
The U.S. Federal Reserve’s decision to leave its interest-rate target unchanged has dispelled some of the uncertainty looming over global markets. It hasn’t done...
Wherever you look, inflation is hard to see
When Federal Reserve officials meet this week to discuss how much more stimulus the U.S. economy needs, they will have to parse various arguments...
What Marx might think about U.S. productivity
Not long ago, the U.S. was beginning to look ominously like the dystopia described by Karl Marx. Companies appeared to be freeing themselves of...
Black workers are finally gaining in job market
Black Americans typically get a raw deal in the U.S. job market. Judging from the employment report released Friday, though, they’ve recently made some...