The pace of hiring in the U.S. has dropped off precipitously for a number of reasons, ranging from workers staying in their jobs to tariff uncertainties that make it difficult for companies to plan

A ‘deep freeze’ has enveloped the U.S. labor market. A whole bunch of factors are at play. 2026-02-08 10:30:00 Justin Lahart

Continue ReadingThe pace of hiring in the U.S. has dropped off precipitously for a number of reasons, ranging from workers staying in their jobs to tariff uncertainties that make it difficult for companies to plan

When considered as a percentage of GDP, the 2026 projected AI-driven spending by Amazon, Alphabet, Microsoft and Meta rivals momentous capital efforts in U.S. history, as shown in these charts

When considered as a percentage of GDP, the projected spending of four tech giants for 2026 rivals the most momentous capital efforts in U.S. history, as shown in these charts.…

Continue ReadingWhen considered as a percentage of GDP, the 2026 projected AI-driven spending by Amazon, Alphabet, Microsoft and Meta rivals momentous capital efforts in U.S. history, as shown in these charts

President Trump chose a Federal Reserve chair he thinks he can count on to lower interest rates. History suggests three different ways presidents have come to regret that bet.

President Trump thinks his new chair can deliver low interest rates. Three presidents in the past learned otherwise. 2026-02-07 01:00:00 Nick Timiraos

Continue ReadingPresident Trump chose a Federal Reserve chair he thinks he can count on to lower interest rates. History suggests three different ways presidents have come to regret that bet.