NYT > Economy

    Democrats Want to Tax the Wealthy. Many Voters Agree.

    Democrats Want to Tax the Wealthy. Many Voters Agree.


    Kris Stallard, a data analyst in Tulsa, Okla., backs a wealth tax in principle, but questions how it would work in practice. “Is the government going to take parts of businesses from people?” he...

    A proposal to tax wealth finds support across party lines, along with the premise that the government should combat inequality.
    Housing Is Already in a Slump. So It (Probably) Can’t Cause a Recession.

    Housing Is Already in a Slump. So It (Probably) Can’t Cause a Recession.


    Residential real estate prices have risen so fast that even markets previously considered affordable are now beyond the reach of many. Prices in Denver have risen 90 percent since...

    A decline in residential real estate has led several recessions. With construction still in a multiyear slump, it seems unlikely to be the culprit this year.
    Watch Out. Tax Season Is Even More Stressful Than Usual.

    Watch Out. Tax Season Is Even More Stressful Than Usual.


    With millions of people filing tax returns under a new tax law and after a long government shutdown, this is a challenging year. We offer survival tips and extensive...

    With millions of people filing tax returns under a new tax law and after a long government shutdown, this is a challenging year. We offer survival tips and extensive coverage.
    China and U.S. to Continue Trade Talks Next Week

    China and U.S. to Continue Trade Talks Next Week


    President Xi Jinping of China meeting with Treasury Secretary Steven Mnuchin, left; the United States trade representative Robert Lighthizer, second from left; and Chinese officials at the Great Hall of the People in Beijing on...

    Both sides said “progress” had been made in the talks but deep disagreements remain ahead of the March deadline set by leaders of both countries.
    Amazon and New York Unions Had ‘Productive Meeting,’ Then Came a Shock

    Amazon and New York Unions Had ‘Productive Meeting,’ Then Came a Shock


    Amazon’s distribution center on Staten Island opened last year. Union efforts to organize the center’s workers became an issue in the struggle over Amazon’s plan for a satellite headquarters in New York...

    Labor groups aiming to organize a Staten Island warehouse were in talks with the company a day before it abandoned plans for a Queens headquarters.

    German Growth Stagnates as Trump Trade War Starts to Bite


    Europe’s largest economy showed no growth in the fourth quarter as steel tariffs hit manufacturers and sales to China...

    Europe’s largest economy showed no growth in the fourth quarter as steel tariffs hit manufacturers and sales to China declined.
    Virginia’s Economy Weathers the Storm in Its Statehouse

    Virginia’s Economy Weathers the Storm in Its Statehouse


    The governor’s mansion in Richmond, Va. While politicians have called for the resignation of Gov. Ralph Northam, business groups have stayed largely on the...

    Leading business groups haven’t joined in pushing for leadership changes, and Amazon is moving forward with a major office presence.
    Democrats Aim to Limit Corporate Windfall From Trump Tax Cut

    Democrats Aim to Limit Corporate Windfall From Trump Tax Cut


    Senator Chuck Schumer of New York, the minority leader, is among a growing group of Democrats seeking to limit the corporate windfall ushered in by President Trump’s $1.5 trillion tax...

    A proposal to restrict stock buybacks is the latest push by party leaders to force corporations to spend more on workers.
    Trump Loves the New Nafta. Congress Doesn’t.

    Trump Loves the New Nafta. Congress Doesn’t.


    President Trump at the signing ceremony for the United States-Mexico-Canada Agreement last year with President Enrique Peña Nieto of Mexico, left, and Prime Minister Justin Trudeau of...

    The president’s most significant achievement on trade — a revised deal with Canada and Mexico — is imperiled amid Democratic and Republican concerns.
    Tech Is Splitting the U.S. Work Force in Two

    Tech Is Splitting the U.S. Work Force in Two


    Taser assembly at Axon in Scottsdale, Ariz. While some jobs are changing or being eliminated because of automation, many positions at Axon still require the dexterity of human...

    A small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance.
    Behind Tech’s Shine, Some Warnings Signs Appear

    Behind Tech’s Shine, Some Warnings Signs Appear


    From Apple to Nvidia, tech companies say business is slowing. Among the reasons: China and a Bitcoin slump. It may be just a bump — until it’s...

    From Apple to Nvidia, tech companies say business is slowing. Among the reasons: China and a Bitcoin slump. It may be just a bump — until it’s not.
    How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market

    How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market


    A fracking operation at a Shell site. Shell has developed algorithms to replicate and standardize the most effective drilling and fracking methods...

    Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now the world’s second most productive.
    Greece, 10 Years Into Economic Crisis, Counts the Cost to Mental Health

    Greece, 10 Years Into Economic Crisis, Counts the Cost to Mental Health


    Health workers during a general strike in Athens in 2017. Annual state spending on mental health was halved in 2012, and it has been trimmed further each year since...

    Depression and suicide rates rose alarmingly during the debt crisis as the country cut wages and health services and increased taxes.