Today was a significant day for Jerome Powell. In today’s speech at the Economic Symposium in Jackson Hole, Wyoming, Powell prioritized labor over inflation. Both of these factors have been moving in ...

The unemployment rate likely increased to 4.4% in September. The labor market is significantly weakening, although it's not collapsing yet, based on alternative data. The Fed is likely to ignore the ...

The China-U.S. trade war is often reduced to a dispute over cheap exports, but the real fault line runs deeper. China has built a powerful industrial strategy on the backs of low-cost labor and ...