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It's the economy, stupid!

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CPI Report Live Updates: Inflation Slows to 2.5% in August - The New York Times
CPI Report Live Updates: Inflation Slows to 2.5% in August - The New York Times
Would we really be producing four times as much oil right now if Trump were president, cutting energy prices in half? It seems unlikely. Trump didn’t explain exactly how he would have accomplished that, but in any case any large fall in oil prices from their current level — less than $70 a barrel — would make drilling unprofitable in major producing regions. So, bottom line: If Trump wins, will we be going back to the very low gas prices of early 2020? No — not unless we experience a global de
Would we really be producing four times as much oil right now if Trump were president, cutting energy prices in half? It seems unlikely. Trump didn’t explain exactly how he would have accomplished that, but in any case any large fall in oil prices from their current level — less than $70 a barrel — would make drilling unprofitable in major producing regions. So, bottom line: If Trump wins, will we be going back to the very low gas prices of early 2020? No — not unless we experience a global de
The issue neither party can ignore - The Atlantic
The Issue Neither Party Can Ignore
The issue neither party can ignore - The Atlantic
Neither candidate can quickly deliver a big cut in the cost of housing, food, gas or any other significant expense American households pay each month. That kind of change is beyond a president’s power. But the choice for voters still is straightforward: Ms. Harris has begun to describe thoughtful plans that could help American families to better afford the things they need and want. Mr. Trump has offered bad ideas and promises that he can’t keep.
Neither candidate can quickly deliver a big cut in the cost of housing, food, gas or any other significant expense American households pay each month. That kind of change is beyond a president’s power. But the choice for voters still is straightforward: Ms. Harris has begun to describe thoughtful plans that could help American families to better afford the things they need and want. Mr. Trump has offered bad ideas and promises that he can’t keep.
“Trump seems drawn to trade tariffs as a bargaining tool with other countries because tariffs have powerful domestic political symbolism, are much easier to turn on and off than financial sanctions and can be tweaked with shifting circumstances,” said Eswar Prasad, a trade economist at Cornell University. “The irony is that using tariffs to punish countries that use unfair trade practices or are trying to reduce their dependence on the dollar is likely to end up hurting the U.S. economy and con
“Trump seems drawn to trade tariffs as a bargaining tool with other countries because tariffs have powerful domestic political symbolism, are much easier to turn on and off than financial sanctions and can be tweaked with shifting circumstances,” said Eswar Prasad, a trade economist at Cornell University. “The irony is that using tariffs to punish countries that use unfair trade practices or are trying to reduce their dependence on the dollar is likely to end up hurting the U.S. economy and con
If these suggestions sound absurd, that’s because they are. Trump’s bellicose word salad is hard to actually parse, but broadly speaking, any notion that America could use the threat of tariffs to force countries to keep using the dollar — which, again, mainly reflects private decisions — involves more than a bit of megalomania. Our nation has a lot of economic power but not that much. Indeed, any such effort would probably backfire. Much of America’s influence, economic and otherwise, comes fr
If these suggestions sound absurd, that’s because they are. Trump’s bellicose word salad is hard to actually parse, but broadly speaking, any notion that America could use the threat of tariffs to force countries to keep using the dollar — which, again, mainly reflects private decisions — involves more than a bit of megalomania. Our nation has a lot of economic power but not that much. Indeed, any such effort would probably backfire. Much of America’s influence, economic and otherwise, comes fr
New England breweries are facing a sobering truth: Craft beer is no longer the hopped-up industry it once was. Why did the buzz fade away?
In Massachusetts, the once-thriving beer biz is losing its fizz
New England breweries are facing a sobering truth: Craft beer is no longer the hopped-up industry it once was. Why did the buzz fade away?
Massachusetts economy ranked against other states in new competitive index
How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look. - The Boston Globe
Massachusetts economy ranked against other states in new competitive index
a bar chart showing the number of people in each country, and how much they have lost
Employers added 142,000 jobs in August, fewer than economists had expected, and previous months were revised downward.
an artist's rendering of a street with cars and people walking on the sidewalk
Boston can’t afford to give in to NIMBYism as housing crisis deepens - The Boston Globe
Ever wonder why it’s next to impossible to find housing in Boston? Well, maybe it’s because it’s next to impossible to build housing in Boston.
many cars are parked on the street in front of some buildings and power lines above them
Trump and Harris say they want to make housing more affordable. The experience of Bethlehem, Pa., helps explain why. - The Boston Globe
Bethlehem, Pa., shows why housing is a presidential campaign issue
a woman sitting on the ground in front of a cemetery
Steward Health News: Practice of neglect led to indignity, death
Carney was but one piece of the failing empire of neglected Steward hospitals, some now shuttering for good or being parceled off in a bankruptcy fire sale. The breadth and tragic consequences of Steward’s mismanagement have not yet been told in full. There has been a vast human toll, tallied in lives lost, suffering endured, physical injuries, and moral indignities. This Spotlight Team investigation is the first major effort to document the full dimensions of the harm done.
a man in a suit and tie standing at a podium
Opinion | None of Trump’s Economic ‘Solutions’ Hold Any Water
Ask Donald Trump what he’ll do about any of the nation’s economic problems and he’ll give you one of three answers. He’ll either promise to cut taxes, raise tariffs or deport millions of people. When asked about child care, for example, Trump told the Economic Club of New York that he would raise “trillions” of dollars from new tariffs on virtually every good imported into the United States. This, of course, shows a fundamental ignorance of how tariffs work as well as the probable impact of a h
a group of people standing around a table signing papers
Biden signs 'common sense' order prioritizing federal grants for projects with higher worker wages
President Joe Biden on Friday signed an executive order for federal grants that will prioritize projects with labor agreements, wage standards, and benefits such as access to child care and apprenticeship programs. Biden said the ideas in his order “are common sense." Advertisement “Economists have long believed that these good job standards produce more opportunities, better outcomes for workers and more predictable outcomes for businesses as well," he said from an Ann Arbor, Michigan union
a bar chart showing the number of people in each country, and how much they have lost
U.S. Job Market Shifts to Lower Gear - The New York Times