The question “at first struck me as too open-ended to be usefully addressed by standard economics,” said Charles Jones of ...

Whether China can maintain its level of exports to the rest of the world – and expand back into the US market after the recent truce, is a consequential question for the world’s second-largest economy ...

Established in 1954, the Economic Outlook series is a renowned tradition at Chicago Booth, offering some of the nation’s ...

The US government has reopened following its longest-ever shutdown, setting the stage for the eventual release of its gold-standard data, which is crucial in analyzing the health and trajectory of the ...

Explore how AI-driven capital spending is fueling US GDP growth, masking economic fragility as consumer trends shift.

Foreclosure activity in the U.S. is on the rise in 2025, a notable shift that begins to undo a decade of relative stability.

Meet the platforms, producers, and power players driving the microdrama boom - from China's ByteDance to U.S. disruptors and ...

About 1.25 million federal workers haven’t been paid since Oct. 1. Roughly 10,000 flights have been cancelled since last week ...

After a 43-day shutdown, federal agencies like the BLS and BEA may be scrambling to release long-delayed economic data. Experts warn that crucial reports on jobs and inflation could take weeks to ...

In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks ...

Crucially, this is not just academic debate. The UK has already experimented with elements of new economics, for example, ...

We study the short-run effects of import tariffs on GDP and the trade balance in an open-economy New Keynesian model with intermediate input trade. We find that temporary tariffs cause a recession ...