Economic Recovery

The recovery isn't exactly booming, but there may be one plus side to a weak economy: Less time sitting in traffic. Traffic congestion fell 30 per...

Let's put the focus and accountability on whether CEOs are making good business decisions and not on their resumes and personal behavior.

The strength of car sales is making some economists practically giddy. Car sales made up half of national economic growth in the first quarter, ac...

JPMorgan Chase CEO Jamie Dimon took the opportunity at Monday evening's Fortune 500 dinner to hail American business and trash its critics. Speaki...

Much of Europe is in recession and the downturn is in no small part a function of austerity measures that, like bloodletting, are making things worse, not better.

The economic crisis began with the housing crisis, and it will only end when the housing crisis also ends. Unfortunately, the evidence suggests that the Obama administration and Congress have never actually understood this connection.

The latest jobs report is bad news for millions of Americans, and it's bad news for Obama and the Democrats. No set of policies between now and Election Day are likely to boost the economy.

We are moving into the medium-run period of recovery from recession, and the path of productivity during this recession is visibly different from the past.

We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.

* U.N. agency blames austerity, tough reforms for crisis * Says employment not back to pre-crisis levels til 2016 * Esti...

If the economy were a person, here's how I'd describe his travails in recent years. For far too long, he binged on junk food, with no regard for the impact of such dietary habits on his system.

Peruse the press coverage of the presidential election, where the outcome supposedly hinges on the economy, and you get the sense that President Barack Obama and Mitt Romney are huddled over a craps table waiting to see if the country is about to come up lucky sevens. If the economy shakes out right, then Obama wins a second term; if results are disappointing, he hands the keys to the White House over to Romney. But this established bit of wisdom obscures a foundational reality: In any plausible scenario, the one part of the economy most people care about -- the job market -- will remain bleak regardless of what happens between now and November.

It's clear that financial crises and the volatility created by the instabilities of finance in recent years are an organic and harmful element of our social system.

April 19 (Reuters) - U.S. state tax revenue has finally returned to its peaks before the recession and likely continued growing at the beginning of ...

With the U.S. economy beginning to rebound, it is high time for businesses both big and small to get proactive and clean house of wasteful and counterproductive practices.

Even though capitalism has not been laid to rest, it is fair to say that capital is losing its status as the most important factor of production in our economic system. Capital is being superseded by the ability to innovate -- and therefore by human talents.

A number of economists, myself included, have been talking for awhile about the underlying strength of the recovery in terms of "escape velocity." The idea we're trying to convey is a virtuous cycle of growth begetting jobs, which in turn generates incomes, which supports more growth, etc. So how would we know if we've achieved escape velocity? The first and one of most important things to look at is housing. True, it was a home price bubble that got us into this uniquely deep mess, but it's also the case that housing, goosed by low interest rates, is a traditional escape route from recession.