Business

Fed Beige Book Cites Trucking Woes as Drivers Prove Hard to Find

American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.

Jeanna Smialek | Bloomberg News
July 24, 2018
Business, Logistics

Fed Beige Book Cites Trucking Woes as Drivers Prove Hard to Find

American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.

Jeanna Smialek | Bloomberg News
July 19, 2018
Business, Logistics

Here’s How the Winter Deep Freeze Will Affect the US Economy

A winter storm sweeping the U.S. East Coast after a week of very low temperatures is probably boosting demand for boots and mittens — and thanks in part to its timing, it shouldn’t chill economic data more broadly.

Jeanna Smialek | Bloomberg News
January 4, 2018
Business, Technology, Government, Logistics

Robots Are Slashing Wages and Worsening Pay Inequality

Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.

Jeanna Smialek | Bloomberg News
March 28, 2017
Government, Business

America’s New Normal Will Look Pretty Slow, Fed Economist Says

The new normal for long-run U.S. economic growth could be 1.5% to 1.75% a year, a major slowdown from the 1990s and early 2000s as an aging population, more gradual gains in education and weak productivity growth take their toll.

Jeanna Smialek | Bloomberg News
October 11, 2016
Business

Wholesale Prices Fall 0.2% in May

Wholesale prices in the U.S. unexpectedly fell in May, suggesting demand isn’t robust enough to push inflation closer to the Federal Reserve’s target.

Jeanna Smialek | Bloomberg News
June 13, 2014