Traditional metrics like the Gini Index and U-3 unemployment rate understate true economic inequality and labor market ...

"Perhaps of greatest concern for China is the software used in advanced manufacturing – Western companies control over 70% of ...

China's green progress rests on several pillars, three of which are of particular importance: unparalleled industrial scale, ...

The Royal Swedish Academy of Sciences recognized Howitt’s and Aghion’s research into forces that drive long-term economic ...

San Diego apparently did not learn from California’s experience after the state increased the minimum wage for fast-food workers to $20 an hour in 2023. As a result, wage growth in the sector went ...

Many Americans are convinced that only government can provide useful science since government is supposed to be “neutral,” ...

Joel Mokyr, Philippe Aghion and Peter Howitt share the Nobel economics prize for work that underlines the importance of ...

The markets have climbed higher despite continuing concerns around the shutdown, tariffs and inflation. The S&P 500 and ...

German Chancellor Friedrich Merz is struggling to push through two key policy proposals on pensions and military service, in ...

New Jersey’s next governor will oversee a state business climate fraught with high taxes, rising unemployment and a lagging ...

As smartphones replace bank branches, Bangladesh’s banking sector is undergoing a quiet revolution. With millions now managing their money and availing other services through apps like Citytouch, ...

The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended the release of key data, a less-than-ideal situation ...