Has the presidential election of Donald Trump reawakened the animal spirits in the US economy, giving businesses more confidence to create jobs? Judging from the latest data, it may have — particularly if you’re a miner, a machinist or a construction...
For all the fretting about how U.S. productivity isn’t growing as quickly as it should, there’s at least one place where it appears to be doing pretty well: the Federal Reserve. The Fed plays a much bigger role in the economy and financial system than it did a...
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