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One chart shows how steep of a decline there’s been in the percentage of children outearning their parents since the 1940s
"It's basically a coin flip as to whether you'll do better than your parents," Stanford University professor Raj Chetty said.
We asked every 2020 Democrat how they would approach a trade war that has shaken the global economy. Only a handful of them had a plan.
Many of the Democratic campaigns demurred, underscoring the awkward spot Trump has put the party in.
Monetary policy may likely loosen to help drive China's economy, but "it will take time for this to put a floor beneath economic growth."
Elizabeth Warren has struggled to explain her healthcare overhaul’s impact on the middle class. That’s because key details are still missi...
Warren has repeatedly sidestepped questions whether her version of Medicare for All would raise taxes on the middle class. It likely will.
The comment was an escalation in a long-running pressure campaign the Trump administration has waged against the US central bank.
Chicago Fed president says no more rate cuts necessary through 2020 because America’s ‘growth outlook is good’
The central bank's "policy probably is in a good place right now" and the nation's "growth outlook is good," Fed President Charles Evans said.
The Federal Reserve's recent rate cuts pulled borrowing costs lower and reinvigorated the housing market after growth slowed in 2018.
The Commerce Department said Wednesday retail sales fell 0.3% last month, the first decline since February and compared with a 0.6% rise in August.
We need ‘a lot more help from President Trump’ to prevent a global recession, says Moody’s chief economist
Mark Zandi said the economy needs "him not to pursue this trade war and certainly not escalate the war." If more goes wrong, we'll see recession, he said.
Trade tensions could push the world economy to grow at its slowest pace since the financial crisis a decade ago, the IMF warned Tuesday.