Is a recession needed to slow inflation? Inflation accelerated to a 40-year high. Reducing inflation is the Fed's main priority, even if it means enduring a brief recession. More

The brief two-month COVID-19 pandemic in 2020 is having long-lasting impacts on a full economic recovery. Sri Lanka's economy has collapsed. Less than half of pre-pandemic office workers have returned to the office. Catch up on the latest Economics in the News. More

US labor market remains strong; perhaps too strong. Could the strong labor market increase the likelihood of a recession by encouraging the Fed to tighten further to combat inflation when what is really needed is for more people to return to work? More

The iPhone was released 15 years ago. Cars are becoming more expensive. UCLA and USC are leaving the PAC-12 Conference to join the Big Ten Conference. Catch up on the latest Economics in the News. More