Against the odds, the Federal Reserve’s effort to guide the U.S. economy to a soft landing — reducing inflation without causing a recession — seems to be working. Recent data show a still-growing economy, a gently cooling jobs market and a slower pace of price increases in services. ...
“Greedflation” is an economic theory that emerged around 2021 as an explanation for the sky-high inflation we were experiencing. At first, even mainstream economists considered greedflation a left-wing fringe theory, bordering on conspiracy. But now, some mainstream and even conservative ...
U.S. gross domestic product shrank 1.4% in the first quarter at the same time inflation continued to soar. For older Americans, that combination conjures memories of 1970s stagflation, a nightmarish combination of double-digit inflation, double-digit interest rates, soaring gasoline prices ...
A deadly epidemic has struck birds across the Midwest and, while it’s no COVID-19, the consequences are far-reaching. Avian influenza, often called bird flu, is spreading from migratory waterfowl to other wild birds and on to poultry farms. While the disease is believed to pose no threat ...
It’s not every day that the Biden administration and Texas Agriculture Commissioner Sid Miller agree. In fact, it’s more like a total eclipse of the sun. But there is a crucial area where the two have found common ground, and that is their concern over the reason meat prices, and ...