Economy slows, consumer confidence grows. What?

Mar 15, 2019
The early March sentiment survey from the University of Michigan shows Americans’ good feelings about the state of economy are up more than 4 percent and expectations for the future increased more than 5 percent. At the same time, there’s a growing pile of economic data pointing to a slowing economy. How does one square this? […]

Remodeling booms as housing stock ages

Mar 14, 2019
Spending on home improvement has increased by 50 percent since the recession.
Photo by Justin Sullivan/Getty Images

U.S. short on long-haul truckers

Mar 13, 2019
Trucking companies are boosting pay and trying to make the lifestyle more amenable to a new generation of drivers.
61-year-old Petru Strugari of Portland, Oregon, says driver pay is rising at trucking companies, just as costs rise for parts and maintenance to operate his own truck.
Mitchell Hartman/Marketplace

Why the IRS has received 2 million fewer tax returns this year

Mar 13, 2019
Word of smaller refunds may have had a chilling effect on filing.
People are afraid to file their taxes — and accountants are moving slower.
Joe Raedle/Getty Images

A strong economy with low inflation? Inequality may be to blame.

Mar 12, 2019
New inflation numbers out today showed … very little of it. The consumer price index ticked up 0.2 percent in February. It was the first rise in four months. And year over year, the measure of how expensive it is to buy a fixed basket of goods is up just 1.5 percent. And that’s weird, […]
Mark Wilson/Getty Images

President Trump proposes a 2020 budget big on spending cuts

Mar 12, 2019
President Donald Trump’s 2020 budget calls for $2.7 trillion in spending cuts over 10 years. And they come from one part of the budget in particular: nondefense discretionary spending. That type of spending supports basic government functions like law enforcement, education and foreign aid. It does not include spending for the military or for mandatory […]
Chip Somodevilla/Getty Images

Tax the rich! OK … but how?

Mar 12, 2019
Lawmakers have a lot of ideas … can they make any of them a reality?
Scott Barbour / Getty Images

For public good, not for profit.

The president’s budget is not a done deal

Mar 11, 2019
The Trump administration is expected to release the broad outline of its 2020 budget proposal Monday.
The House Budget Committee displays copies of US President Donald Trump's FY2020 budget in the Cannon House Office Building on March 11, 2019 on Capitol Hill in Washington, DC.
MANDEL NGAN/AFP/Getty Images

Making sense of housing market data

Mar 8, 2019
It's more straightforward than it seems.
Tim Boyle/Getty Images