The Economic Theory That Explains Why America...

Jeff Bezos, Michael Bloomberg and Warren Buffett are three of the richest people in the world, but they pay little in income tax relative to their wealth. In 2021, ProPublica published an investigation built on leaked tax documents that reveal what some of the richest Americans r ...  Show more

For decades, most discussions of Israel and Palestine were framed around the eventual creation of a two-state solution. That effort has been dead for years. What has emerged in its place is what the political scientists Marc Lynch and Shibley Telhami call the “one-state reality.” ...  Show more

The U.S. economy is doing better than many had anticipated. Some 80 percent of jobs lost during the pandemic have been regained, and people are making, and spending, more.

But Americans seem to feel terrible about the financial outlook.

Why the gap between reality ...

The American economy, by many measures, is doing better than it has done in years. But for many Americans, that is not how it feels. Their feelings point to an enduring mystery: Why do Americans feel so bad when the economy is so good?

Jeanna Smialek, who covers the Fede ...

The illusion persists, despite all evidence. Americans are pessimistic about the economic future. They feel worse off than their parent’s generation. Poll after poll shows that at best, only twenty percent of Americans say the economy is doing better than it was a year ago. More ...  Show more

Inflation in the United States has been getting worse. In December, prices were up 7 percent from the previous year — the fastest rise in 40 years. 

Americans feel terrible about the economy, imperiling the Democratic Party’s chances of holding on to power in Washington ...