NYT > Economy

    As Housing Prices Soar, New Zealand Tackles a Surge in Homelessness

    As Housing Prices Soar, New Zealand Tackles a Surge in Homelessness


    Homeless men in Henderson, a suburb of Auckland, New Zealand. A study found that New Zealand has the highest homelessness rate among the wealthy nations that make up the Organization for Economic Cooperation and...

    The new center-left government is promising to address the problem, which one study found to be among the worst in the developed world.
    Europe Retaliates Against Trump Tariffs

    Europe Retaliates Against Trump Tariffs


    Daimler, the maker of Mercedes cars and S.U.V.s, could face a sales slump if China makes good on its tariff...

    The European counterattack, a response to U.S. measures on steel and aluminum, adds another front to a trade war that has engulfed allies and adversaries around the world.
    Greece Prepares to Stagger Back From Debt Crisis, the End of Bailouts in Sight

    Greece Prepares to Stagger Back From Debt Crisis, the End of Bailouts in Sight


    Construction workers at a protest in Athens during a 24-hour strike in March to demand a collective labor agreement. A fifth of Greeks are jobless, and more pension cuts and tax increases lie...

    European leaders agreed to a plan that would finally take Athens off financial life support, effectively declaring an end to a crisis that nearly wrecked the euro.
    Trump’s Ace in the Hole in Trade War: A Strong Economy

    Trump’s Ace in the Hole in Trade War: A Strong Economy


    Consumer spending has rebounded after a soft start this year. Retail sales jumped 0.8 percent in May, double what analysts had...

    Accelerating growth has given the administration more leverage over trading partners. But economists warn of potential headwinds beyond this year.
    State of the Art: How Tech Companies Conquered America’s Cities

    State of the Art: How Tech Companies Conquered America’s Cities


    Elon Musk is drilling tunnels, electric scooters command the sidewalks, and Amazon is throwing its weight around in Seattle. Welcome to the technocapitalist metropolis of the...

    Elon Musk is drilling tunnels, electric scooters command the sidewalks, and Amazon is throwing its weight around in Seattle. Welcome to the technocapitalist metropolis of the future.
    As Greece Ends a Decade of Bailouts, Problems Linger for Europe

    As Greece Ends a Decade of Bailouts, Problems Linger for Europe


    Marching on the Greek parliament in Athens to protest the government’s labor reforms. European Union officials are expected to unveil a plan in Brussels on Thursday to get the indebted country to stand on its...

    European officials are eager to paint Greece as a comeback story. But troubles in nearby Italy show that the euro’s issues have not been laid to rest.
    Disability Applications Plunge as the Economy Strengthens

    Disability Applications Plunge as the Economy Strengthens


    Christian Borrero, who was born with cerebral palsy, went off disability after landing a full-time job as a receptionist in Independence,...

    Fewer people are seeking and receiving Social Security disability benefits, reversing a long trend that had worried lawmakers about fraud and abuse.
    As Trump Escalates Trade Fight, China Can Take the Hit

    As Trump Escalates Trade Fight, China Can Take the Hit


    The tariffs would represent only a small burden to China’s nearly $13 trillion economy. The dispute with the United States has become a battle over which country will dominate the high-wage, high-skill industries of tomorrow, like at this electronics...

    The trade measures President Trump is imposing will do little to hurt China’s growth, though they could add to Beijing’s problems down the road.

    Feeling Good About the Economy? You’re Probably a Republican


    A survey shows a sharp partisan split in consumer confidence. But a third of Democrats say President Trump deserves some credit for economic...

    A survey shows a sharp partisan split in consumer confidence. But a third of Democrats say President Trump deserves some credit for economic gains.
    As China Curbs Borrowing, Growth Shows Signs of Faltering

    As China Curbs Borrowing, Growth Shows Signs of Faltering


    A factory in Hangzhou, China. An economic slowdown in the country — coupled with the knock-on effects of widening trade disputes and slowing growth in Europe — may augur poorly for the global...

    The country’s focus on reducing its debt has left small businesses facing a credit crunch, and the economy appears to be slowing.
    As Uncertainty Clouds Economy, Europe Pulls Back on Easy Money

    As Uncertainty Clouds Economy, Europe Pulls Back on Easy Money


    The European Central Bank in Frankfurt. Only a few years after the eurozone emerged from a crisis that nearly destroyed it, the central bank is in effect declaring the region strong enough to stand on its own. But many economists aren’t so...

    Political turmoil, slowing growth and the prospect of a trade war fail to deter Europe’s central bank from ending economic stimulus measures.
    Was This a Fed Chief Talking? How Powell Sounded Different

    Was This a Fed Chief Talking? How Powell Sounded Different


    Jerome H. Powell, the Federal Reserve chairman, fielded reporters’ questions on Wednesday after the Fed’s policymakers ended their...

    Only recently has the Federal Reserve tried to communicate directly and transparently to the public. Its new chairman is pushing ahead on that frontier.
    Paris Dispatch: Can Strikes in France Still Make a Difference?

    Paris Dispatch: Can Strikes in France Still Make a Difference?


    Striking railway workers marching this spring in Marseille against government plans to overhaul the national state-owned railway...

    Labor unions turned to strikes to thwart President Emmanuel Macron’s work reforms, but got little traction. Still, they are a ritual of the spring.
    E-Commerce Might Help Solve the Mystery of Low Inflation

    E-Commerce Might Help Solve the Mystery of Low Inflation


    Packages at an Amazon warehouse in New Jersey. New research shows prices for some goods have been falling faster than what is reported in official inflation data because e-commerce has made it easier for consumers to comparison...

    When it’s easier to comparison shop online, businesses are less likely to raise prices — but you wouldn’t know that by looking at official inflation data.
    Retiring: A Florida City Wants More Retirees, and Is Going After Them

    Retiring: A Florida City Wants More Retirees, and Is Going After Them


    Lake Ella is a short drive from Glenn and Loujean Nelson’s home in Tallahassee, Fla., where they moved after winning a contest run by a project called Choose...

    Tallahassee, which has been concerned about its population growth, has a campaign to lure aging baby boomers who might not think of it as a Sunshine State destination.

    How Good Is the Trump Economy, Really?


    It depends on whether you look at the level, the direction or the rate of change — three concepts that are often...

    It depends on whether you look at the level, the direction or the rate of change — three concepts that are often conflated.
    What Is the Trade Deficit?

    What Is the Trade Deficit?


    Money has been flowing from China to the United States, the flip side of the U.S. trade deficit that President Trump has...

    It’s not a scorecard, and reducing it won’t necessarily be good for jobs.