A central insight from neoclassical economics is that international trade operates like an improvement in production technology. It generates mutual aggregate welfare gains for countries as a whole, ...

The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.

Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, is a former chief economist at the World Bank. Mike Konczal is the senior director of policy and ...

At the start of this year, the Joint Center for Political and Economic Studies released a report naming what many Black households and business owners were already living: signs of a Black recession.

WASHINGTON — U.S. and foreign officials, corporate executives, analysts and investors had begun to hope the tumultuous U.S. trade policy reversals of last year were finished. Now they face rekindled ...

The change in the average U.S. tariff rate in 2025 was the largest in the modern era. One way to assess the effects of such a large shock on unemployment and inflation is by looking at data from ...

Today, I look at the pending Supreme Court decision on tariffs. Plus: Massachusetts business leaders are bummed out big-time. The Supreme Court may rule soon on President Trump’s “Liberation Day” ...