Economy

President Donald Trump speaks alongside White House senior adviser Jared Kushner (from left), Merck CEO Kenneth Frazier and Ford CEO Mark Fields during a meeting with manufacturing CEOs at the White House on Feb. 23. Trump disbanded two business advisory

Without CEO Panels, Is Trump Administration Missing Their Views?

8:23am November 16, 2017

by Yu-Ning Aileen Chuang

Three months ago, President Trump ended both his business advisory councils. Without reconstructing any of the boards, White House says the administration is talking to business leaders informally.

Suit Seeks To Stop New Limits Around Farm Operations

4:16pm November 15, 2017

by Associated Press

North Carolina's only farmworker union is challenging a law limiting organized labor's activities in and around the state's vegetable and tobacco fields and other agricultural operations.

Richard Cordray, who was appointed by President Barack Obama, is stepping down as head of the Consumer Financial Protection Bureau.

Richard Cordray Stepping Down As Head Of U.S. Consumer Protection Agency

2:39pm November 15, 2017

by Avie Schneider

The embattled director of Consumer Financial Protection Bureau says he will resign by the end of November. Cordray was a frequent target of Republican lawmakers for his tough stance on banks

Economists Offer Opposing Views On GOP Tax Plans

2:31pm November 15, 2017

Conservative economist Peter Morici of the University of Maryland and Jared Bernstein of the Center on Budget and Policy Priorities debate the merits of the Republican tax plans in Congress.

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Students Kate Shulenberger (left) and Sarah Goodman on the Massachusetts Institute of Technology's Graduate Student Council plan a "call your congressman" event on campus.

Grad Students Would Be Hit By Massive Tax Hike Under House GOP Plan

8:39pm November 14, 2017

The plan would raise taxes on graduate students, who make very little money to begin with. Analysts say the provision could discourage students from seeking advanced degrees, hurting economic growth.

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Chart: In House GOP Tax Plan, A Small Share Of Taxpayers Would Get A Large Share Of The Tax Breaks

CHARTS: Here's How GOP's Tax Breaks Would Shift Money To Rich, Poor Americans

11:44am November 14, 2017

by Danielle Kurtzleben

Neither the House nor Senate proposals do much for the lowest-income Americans, and some higher-income people could gain a lot.

Asian leaders and President Trump pose for a photo during the Association of Southeast Asian Nations Summit in Manila on Monday.

Trump In Asia: A 'Rebalance' Toward Trade

2:41pm November 13, 2017

by Satu Limaye

The Trump administration's engagement with Asia has matched the Obama administration's. What's changed are the priorities: elevating commercial issues to equal or higher priority than security issues.

Republicans in Congress have proposed a large cut in the tax rate that U.S. corporations pay. The U.S. Capitol in Washington, D.C., is seen here on March 31.

Is A Corporate Tax Cut Really What The Economy Needs Right Now?

11:15am November 13, 2017

by Jim Zarroli

Supporters of the tax cut say it will lead to more hiring and faster growth. But the evidence isn't so clear-cut.

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The Call-In: What $100,000 A Year Can And Can't Buy

7:52am November 12, 2017

by Lulu Garcia-Navarro

We asked for your stories about living on $100,000 a year. Next week: Do you suffer from PTSD? Have you recovered or not? Call 202-216-9217 and leave us a message about your experience.

Economics in Wonderland, by Robert B. Reich

Robert Reich Shows Off His Cartooning Skills in 'Economics in Wonderland'

7:00am November 12, 2017

by Etelka Lehoczky

"Economic concepts don't readily lend themselves to cartoons," says the former Secretary of Labor, a talented cartoonist who's put a lot of thought into drawing abstract ideas like tax expenditures.