The Federal Reserve’s relentless attack on inflation is jeopardizing our housing market. The resulting damage is not only having an impact on a critical engine of economic growth but is also, ironically, undermining the war against inflation as well. Resolving an unusual problem requires an unusual solution. The Fed should immediately ...

The hopes for a booming pandemic recovery — growth led by jobs gains in the millions every month — were dealt a blow in recent weeks by a disappointing April jobs report. Perhaps we will see better when results for May are released this week, on Friday. But, for weeks, many in Democratic policy and political circles have been queasy ...

Although political rancor can make it hard to detect, the smartest money on Wall Street is practically begging for a major infrastructure investment from Congress, one even larger and more sustained than what President Biden is proposing. Yes, the chief executives of some big financial institutions, like JPMorgan Chase's Jamie Dimon, have ...

Americans are working fewer hours, on average, and at lower-paying jobs. A hallmark of the U.S. economy’s record expansion has been steady growth in employment. Judging from the jobless rate, in fact, the labor market is the best it’s been in half a century. But what is missing in the focus on the numbers is a severe and troubling deterioration ...

Today, the International Monetary Fund announced yet another a reduction in its global growth projections for 2014, with its estimate of U.S. growth also reduced (citing reduced government spending, but not the present U.S. government shutdown — or the heretofore unthinkable notion of the U.S. government defaulting on its obligations). Despite ...

THE Federal Reserve confounded the bond markets last month by clinging to its easy-money policies. The federal government is poised to shut down today because of an impasse over the budget. And in two weeks, the nation is set to hit its borrowing limit.

These are the headlines, and they’re dire, but they’re in fact a sideshow compared with the real problems afflicting our economy. We are in an age of global oversupply: an oversupply of global labor (hence high underemployment); an oversupply of global productive capacity ...

Voters in Switzerland this month enacted a law requiring shareholder approval of executive compensation at all publicly traded companies, adopting a policy already in effect in at least four other European Union nations. Should the United States follow suit?

The 2010 Dodd-Frank financial-reform law included several measures aimed at corporate oversight, disclosure and responsibility, including a requirement that shareholders of public companies be afforded a nonbinding "advisory" vote on pay, bonuses and so-called ...