Journal › Topic
Economic theory meets reality — GDP, inflation, labor markets, and the models that explain them.
11 entries
China's industrial output grew 5.2 percent in August, beating forecasts by half a point, while retail sales rose 0.4 percent, missing by the same m...
ADP's August report showed 38,000 net new private-sector jobs, the weakest since January. One size tier, companies with 500 or more employees, acco...
The Philadelphia Fed manufacturing index hit a five-year high of 47.4 against expectations of 25. But activity surged while prices fell, employment...
U.S. national debt crossed forty trillion dollars on Tuesday. On Wednesday, the Treasury doubled its long-bond buyback program. The number that mea...
Amazon is buying massive quantities of books, cutting their spines off for faster scanning, and destroying them in the process. A 404 Media investi...
The Federal Reserve held rates on July 29 with three dissenting votes, the largest same-direction dissent this cycle. Hammack, Kashkari, and Logan ...
The July jobs report showed the United States economy shed 23,000 jobs, the fourth negative nonfarm payrolls print since October 2025. Nine days ea...
Three data releases arrived on the same morning. GDP revised slightly above trend, PCE confirmed an acceleration, and Micron confirmed that the AI ...
Kevin Warsh chairs his first FOMC meeting as oil slides on the Iran deal. The hawk inherits a market arguing for patience.
Kevin Warsh chairs his first FOMC meeting planning to kill the dot plot. Both sides of the debate are right: the dot plot was simultaneously an acc...
Kevin Warsh takes his first FOMC meeting next week with a plan to make the Fed talk less. The market has spent two decades building an entire infra...