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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.

China’s economy grew at slowest rate since the 1990s — and it could yet get worse

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.

Top White House adviser suggests Fed officials are part of ‘deep state’

The comment was an escalation in a long-running pressure campaign the Trump administration has waged against the US central bank.
Charles Evans, President and CEO, Federal Reserve Bank of Chicago, takes part in a panel discussion titled "Twist and Shout: The Limits of U.S. Monetary Policy" at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2012.

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.

Builders are the most confident in 20 months that Americans are looking to buy houses

The Federal Reserve's recent rate cuts pulled borrowing costs lower and reinvigorated the housing market after growth slowed in 2018.
Target recorded its strongest quarterly growth in shopper traffic in more than a decade.

US retail sales unexpectedly drop as Trump’s trade war hits the backbone of the economy

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 wars could slow global growth to weakest pace since financial crisis, IMF warns

Trade tensions could push the world economy to grow at its slowest pace since the financial crisis a decade ago, the IMF warned Tuesday.