China is supposed to be savvy. So why is it throwing a fit about a tweet, an app, and a gamer in a mask in the absence of any real threat?

Elites are finding more ways to ensure that their children never run out of chances to fail.

The economy added a modest 136,000 jobs, enough to likely ease worries that an economy weakened by the U.S.-China trade war and tepid global growth might be edging toward a potential recession. The government on Friday also revised up its estimate of job growth in July and August by a combined 45,000.

Reform needs to come from outside of higher ed.

Economics is predictably unpredictable, says Microsoft's co-founder in an interview.

Farming now produces more particulate pollution than electricity generation.

India lifted 271 million people out of poverty between 2006 and 2016, recording the fastest reductions in the multidimensional poverty index values during the period with strong improvements in areas

Retailers predict rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.

Proposed tariffs currently available for public comment and expected to take effect this fall would dramatically raise prices on European foods imported to the United States, including most foreign cheeses. Many top-selling and prized styles of cheese, including Italian Parmigiano-Reggiano and Dutch Gouda, could become twice as expensive in American stores.

Recession risk is rising, according to Bank of America. Based on the most recent data, the bank’s global economist now sees a greater than 30% chance of a recession in the next year. “Our official model has the probability of a recession over the next 12 months only pegged at about 20%, but our subjective call based on the slew of data and events leads us to believe it is closer to a 1-in-3 chance,” Bank of America’s head of U.S. economics Michelle Meyer said in a note to clients Friday.

Last week’s panic from the $63 billion selloff in the Australian stock market is subsiding. But if the bond-market fiasco continues, and it will, that’s a drop in the ocean of what’s to come, which means it’s worth considering investment alternatives like gold and bitcoin.

Slowdowns in housing construction and manufacturing are ominous

Report calls on policymakers to ward off threat by refocusing on jobs, wages and investment

There are a lot of compelling reasons to ditch the penny. Here are seven of them.

It looks like Europe is heading into recession, multiple economists say. Germany and Italy may already be in "technical recession." The tragedy is that the contraction is being helped along by a deliberate political choice made by Europe's own governments: Their effort to rein in deficit spending, to cut fiscal stimulus, and to balance their budgets in the 10-year aftermath of the 2008 financial crisis. "Austerity," as it's known, has shrunk the potential size of the European economy and retarded its ability to grow again.

President Trump, you surely could not have wanted your partial government shutdown, your tariffs, your corporate tax cuts and your war on undocumented immigrants to hobble economic growth and to hurt farmers, factory workers, airline passengers, government contractors, retailers, Coast Guard members and F.B.I. agents. But the economy can take only so many bad policies. A $19.4 trillion economy is losing momentum as fast as your approval ratings.

The pay people take home after accounting for inflation fell 1.3 percent last year, a new analysis shows. The findings come a year after President Donald Trump signed the Tax Cuts and Jobs Act, with his administration promising it would deliver "immediate" wage growth to workers. Yet many workers' wages aren't keeping pace with the cost of living, compensation-data company PayScale found. That's concerning because it indicates more Americans are falling behind -- despite seeing the lowest U.S. unemployment rate in nearly 50 years -- and could struggle to maintain their standard of living when the next recession inevitably rolls around.

Washington has been drowning in red ink for years and it’s only going to get a lot worse over the next decade, a fresh government estimate shows. The U.S. is likely to add $12 trillion in public debt from 2020 to 2029 through a combination of higher government spending and slower economic growth, according to the Congressional Budget Office. That’s on top of the $16.6 trillion the government is expected to owe to the public at the end of 2019.

US economic growth slowed slightly at the end of last year, but not nearly as much as feared by some economists. The US gross domestic product, the broadest measure of the nation's economy, grew at an annualized rate of 2.6% in the fourth quarter. Although that's slower than the previous three months, it's faster than the same period a year earlier.

To the extent that economic historians can rampage, Rutger Bregman is on one — speaking truth to power in Switzerland and enraging Tucker Carlson.