Swamp Notes: Is it the economy, stupid?

Meta said it would boost its spending on AI this year, and Jay Powell says he will stay on as a Federal Reserve governor once his term as chair ends. Plus, the special relationship between the UK and US held up under intense pressure, and defence stocks are struggling despite the ...  Show more

Federal regulators launched a probe into all Disney-owned TV stations after a late-night comedian made a joke about First Lady Melania Trump, and emerging market stocks have recovered all of their losses from the early stages of the Iran war to hit an all-time high, and the Unite ...  Show more

Should we be celebrating a Biden boom? Lamenting inflation and its consequences? Both?

We know how to talk about booms, like the ’90s. We know how to talk about busts, like after the financial crisis. We know how to talk about stagnation. What we don’t know how to talk a ...

Inflation is way down, the U.S. is faring better than other major economies, and people broadly say their own personal financial situation is good. So why are people so down on the economy?This episode: voting correspondent Miles Parks, White House correspondent Tamara Keith, and ...  Show more

Unemployment in the United States is near record lows, wages are growing quickly, and spending in the service sector is increasing as the pandemic lulls.But there's also some worrying news: more job openings than people who want to fill them, global economic uncertainty stemming ...  Show more

The past few weeks have been head spinning: U.S. job numbers? Solid... except for those layoffs in the tech sector. Inflation? Slowly dropping... but still high. Not to mention the bank failures...   It all has made us wonder: Why was it so hard for economists to predict this? Wh ...  Show more