Tag: Income

Why Better Times (and Big Raises) Haven’t Cured the Inflation Hangover

In western Pennsylvania, halfway through one of those classic hazy March days when the worst of winter has passed, but the bare trees tilting in the wind tell everyone spring is yet to come, Darren Mattern was putting in some extra work. Tucked at a corner table inside a Barnes & Noble cafe in Logan […]

Read More

U.S. Employers Added 303,000 Jobs in 39th Straight Month of Growth

Another month, another burst of better-than-expected job gains. Employers added 303,000 jobs in March on a seasonally adjusted basis, the Labor Department reported on Friday, and the unemployment rate fell to 3.8 percent, from 3.9 percent in February. Expectations of a recession among experts, once widespread, are now increasingly rare. It was the 39th straight […]

Read More

America’s Irrational Macreconomic Freak Out

I, too, know that flash of resentment when grocery store prices feel like they don’t make sense. I hate the fact that a small treat now feels less like an earned indulgence and more like financial folly. And I’m concerned about my kids now that house prices look like telephone numbers. But I breathe through […]

Read More

India Election: What 10 Years of Modi Has Meant for the Economy

As Narendra Modi was storming to victory in the election of 2014, he said that “acchhe din aane waale hain” — good times are coming. Now as Mr. Modi stands set to secure another term as prime minister in elections starting on April 19, the value of India’s stock market has grown threefold since he […]

Read More