What Should the Federal Reserve Do in the Face of Stagflation? Stagflation challenges the Fed's dual mandate of keeping inflation low and maximizing employment. By Shreyas Sinha
3 Reasons Why Economists and Wall Street Were So Wrong About a Recession "It would take a lot more conviction to break from the consensus than it does to agree with it,” a top economist at a major bank told Observer. By Shreyas Sinha
Despite Billions in Federal Subsidies, Chipmakers Are Laying Off Thousands of Workers Micron, a major manufacturer of personal computer chips, is laying off nearly 5,000 workers and canceling 2023 bonuses. By Sissi Cao
While Layoffs Rock the Tech Industry, the Rest of the U.S. Job Market Remains Stable—For Now By Courtney Vinopal
Tesla Will Lay Off 10,000 Workers Because Elon Musk Has a ‘Super Bad Feeling’ About the Economy By Sissi Cao