In a new academic paper, Robert Gordon speculates that per capita economic growth in the US could permanently stagnate, as fading innovation is compounded by headwinds from demography, education...

Jack Welch's tweet wasn't the only piece of nonsense written last week about the reported decline in the unemployment rate to 7.8% in September. The decline in the standard measure was questioned by...

The latest monthly data suggest that business investment contracted slightly in the third quarter, probably because of a growing caution with the fiscal cliff looming closer and the euro-zone crisis...

The indicators that provide some steer of where the unemployment rate is heading over the next few months supply little evidence that it will dip below 8%. What’s more, we doubt that GDP growth will...