America is not, according to the official definition, in a recession. And yet the American labor market is so weak that it raises an obvious question: What’s the difference? More precisely, how is today’s labor market different from the labor market during a recession? Source: bloomberg.com

Kevin Warsh has spent years criticizing the Federal Reserve for doing too much. More recently, he has suggested it may need to do the opposite. Source: cnn.com

He has argued an AI boom will ease price pressures, citing Alan Greenspan’s patience in the 1990s. His future colleagues see an economy that looks nothing like it did then. Source: wsj.com

Nonstop political chaos is badly damaging our economy. Source: nytimes.com

Fuel station owners take some of the hit for consumers when oil prices surge. On the way down, they try to get their money back. Source: nytimes.com

End of war ‘can’t come soon enough’, treasurer says, as inflation expected to rise above 5% in Australia with global supply chains buffeted Source: theguardian.com