The latest NFIB and JOLT surveys point to further strong job gains and a pick-up in wage growth.

The weakness of wage growth is partly due to the near-stagnation in productivity. Unfortunately, the news last week that non-farm productivity was unchanged over 2014 as a whole, suggests there is...

The funds raised by President Obama’s proposals to tax foreign earnings could, in theory, provide a 1.5% boost to GDP. Despite tax reform being a shared goal of both parties, however, there is no...

Last week, mixed news on corporate earnings and an unexpected decline in underlying capital goods orders in December renewed fears that recent market moves are somehow a net negative for the US...