New York Times
Senior economic correspondent at the New York Times, where he writes for The Upshot; former columnist for the Washington Post and economics editor of Wonkblog, its site for policy news and analysis; author of The Alchemists: Three Central Bankers and a World on Fire
Trump and Clinton Widen their Lead Yesterday's presidential primaries have altered the landscape for both political parties. The principal casualty was Florida's Republican Senator Marco Rubio, who dropped out of the race for the White House after Donald Trump crushed him in his own state. John Kasich is hanging on by his fingernails, with Ted Cruz still strong enough to help prevent Trump from securing the GOP nomination. With Hillary Clinton taking claiming victory in several states, it was a bad day for Bernie Sanders. We hear about the narrowing field of candidates and what's facing those still standing.
Can US Job Growth Be Sustained in 2016? The latest numbers on America's job market are further proof that 2015 was a blockbuster year for the creation of new employment. The estimate is 292,000 new jobs in December. How long will the good news continue? That's a question being raised by Neil Irwin, senior economic correspondent at The Upshot in the New York Times .
The Fed Makes a Decision on Interest Rates Since the Federal Reserve dropped the benchmark interest rates almost to zero, the financial world has been waiting for them to go up again. This week, the Open Market Committee, chaired by Reserve Chair Janet Yellen, has been meeting. Moments ago, they made an announcement. There will not be an increase . Neil Irwin is senior economics correspondent for The Upshot at the New York Times .
China Devalues Its Currency, Most in Two Decades China announced today it is devaluing its currency -- "blockbuster news" for economists, according to Neil Irwin. He's senior economics correspondent for the New York Times , where he writes for "The Upshot," a site for analysis of politics, economics and more.
China's Plummeting Stock Market The New York Stock Exchange shut down today because of computer trouble. Markets were already down by 200 points because of Greece and the Eurozone — and the continuing fall-off in China. Neil Irwin is senior economic correspondent for the New York Times' Upshot .
The US Economy: Year in Review In 2014, the news has been grim — from ISIS to Ferguson to Ebola. But the US economy has been one relative bright spot. Each year around the holidays, Neil Irwin sits down and writes about economic trends to be thankful for and this year he says it was a whole lot easier. Irwin is senior economic correspondent at the New York Times' data project " The Upshot " and author of The Alchemists : Three Central Bankers and a World on Fire.
Wild Swings in Global Markets Have Led to Fears of a Worldwide Slowdown “It wasn’t very long ago that the dread hovering over global financial markets was that things were getting too calm.” This summer, Federal Reserve officials were worried about complacency. Those days are very definitely over. America’s economy is finally looking good, but Wall Street’s sudden volatility is a signal that all is not well. We’ll hear how slow growth in Europe, Asia and South America has led to warnings about the continued impact of the worldwide recession.
Who’s Being Left Out of the “Housing Recovery?” The home foreclosure crisis staggered the US economy and led to the Great Recession six years ago. Now — finally -- new housing is under construction. But it's not single-family homes that are going up, but mostly apartment buildings. And Wall Street is going into the rental business. Meantime, many homeowners, especially blacks and Latinos, are still underwater. What does this new form of housing "recovery" reveal about the economy? Does it contain the seeds of another recession?
Who's Being Left Out of the 'Housing Recovery?' The housing market is finally in "recovery." But it's still hard to buy a new home, and Wall Street is converting foreclosed homes to rentals.
The Backlash Against Austerity International May Day rallies are supposed to celebrate the dignity of human labor, but with 26 million Europeans out of work and unemployment at 27 percent in Greece and Spain, today's rallies were protests against the consequences of massive spending cuts and increased taxes. Unemployment is setting records in Eurozone countries, and the focus is shifting from reducing debt to growing troubled economies. Some economists are saying "we told you so," bolstered, believe it or not, by discovery of an Excel spread-sheet error in an influential research paper. What will the "austerity" backlash mean for the "sequester" in this country? Are politicians catching up with new ideas of what works and what doesn't?
Economy Unexpectedly Shrank in Fourth Quarter For the first time since 2009, America's Gross Domestic Product declined in the fourth quarter, "a surprising development that could give hints of the economic challenges to come." That's according to Neil Irwin, columnist at the Washington Post and Economics Editor of the paper's Wonkblog . He's also the author of the forthcoming book, The Alchemists : Three Central Bankers and a World on Fire.
Unemployment Rate Drops to Lowest Since Obama Took Office After hovering above 8 percent for most of the Obama Administration, unemployment dropped last month to 7.8 percent. While the President touted the September figures, Mitt Romney attributed the drop to people dropping out of the workforce. Neil Irwin reports on economics for the Washington Post .
US Economy Sees Slow but Steady Growth Despite volatility in the financial markets and the potential collapse of Europe, US economic growth this year has been far from spectacular, but it has been steady: less than one percent in the first quarter, 1.3 percent in the second, and 2.5 percent between July and September. Neil Irwin is financial reporter for the Washington Post .
Unemployment Numbers Can't Dispel Gloom over the Economy Yesterday's stock market collapse may have revealed a worldwide crisis of confidence in economic recovery. There was good news today, though: 117,000 new jobs last month and a drop in the unemployment rate from 9.2 percent to 9.1. In a brief address on veterans' employment, President Obama said once again, that's not enough. When Congress returns in September he wants to move quickly on more steps that "will make a difference." Neil Irwin is economics reporter for the Washington Post .
Unemployment Dips to 8.9 Percent, a Nearly Two-Year Low Unemployment dropped below 9 percent last month for the first time since April of 2009. It's fallen nearly a full percentage point in the past three months, the most rapid improvement in 28 years. Neil Irwin reports on economics for the Washington Post .
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
How was the trip? President Trump's travels got less fun as he went from the Middle East to Europe.
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
