American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.
July 24, 2018Business, Logistics
Fed Beige Book Cites Trucking Woes as Drivers Prove Hard to Find
American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.
July 19, 2018Business, Logistics
Here’s How the Winter Deep Freeze Will Affect the US Economy
A winter storm sweeping the U.S. East Coast after a week of very low temperatures is probably boosting demand for boots and mittens — and thanks in part to its timing, it shouldn’t chill economic data more broadly.
January 4, 2018Business, Technology, Government, Logistics
Robots Are Slashing Wages and Worsening Pay Inequality
Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.
March 28, 2017Government, Business
America’s New Normal Will Look Pretty Slow, Fed Economist Says
The new normal for long-run U.S. economic growth could be 1.5% to 1.75% a year, a major slowdown from the 1990s and early 2000s as an aging population, more gradual gains in education and weak productivity growth take their toll.
October 11, 2016Business
Wholesale Prices Fall 0.2% in May
Wholesale prices in the U.S. unexpectedly fell in May, suggesting demand isn’t robust enough to push inflation closer to the Federal Reserve’s target.
June 13, 2014