NYT > Economy




    China’s Economy Grows Strongly, Yet Central Bank Eases Policy

    China’s Economy Grows Strongly, Yet Central Bank Eases Policy


    Shoppers in Sanya, China, in September. Adjusted for inflation, consumer spending climbed 9.6 percent last year, led by blistering growth in online retail sales of 26.2...

    Rising debt helped fuel growth last year. But the central bank told big banks that they could lend even more during an upcoming holiday period.

    Steven Mnuchin, Treasury Nominee, Failed to Disclose $100 Million in Assets


    Mr. Mnuchin, who is testifying before the Senate Finance Committee, also did not list his role as a director of an investment fund in the Cayman Islands on a...

    Mr. Mnuchin, who is testifying before the Senate Finance Committee, also did not list his role as a director of an investment fund in the Cayman Islands on a questionnaire.

    Theresa May Says Britain Will Lead a New Era of Free Trade


    It was a jarring note from the leader of a country leaving the world’s largest free-trade group. She also urged the Davos elite to seriously address...

    It was a jarring note from the leader of a country leaving the world’s largest free-trade group. She also urged the Davos elite to seriously address inequality.
    U.S.-Trained Official May Shape China’s Response to Trump on Trade

    U.S.-Trained Official May Shape China’s Response to Trump on Trade


    Liu He in Beijing in 2010. As the top economic adviser to China’s president, Xi Jinping, Mr. Liu has sought to make China’s growth less reliant on rising debt and public...

    Liu He, the top economic adviser to President Xi Jinping, has argued for more open markets. But his agenda could be overwhelmed by fears of fallout from a trade war.
    Economic Scene: On Climate Change, Even States in Forefront Are Falling Short

    Economic Scene: On Climate Change, Even States in Forefront Are Falling Short


    Gov. Andrew M. Cuomo of New York this month announced plans to close the Indian Point nuclear power plant north of New York City by 2021. When that happens, the state will lose almost one-quarter of its zero-carbon...

    States like California and New York have been leaders in curbing carbon emissions from energy. But to achieve their goals, both may need to embrace nuclear power.
    All in the Wording: Job Listings That Are Too ‘Feminine’ for Men

    All in the Wording: Job Listings That Are Too ‘Feminine’ for Men


    Hemant Singh, a staff nurse at the Queens Cancer Center, testing a patient’s blood pressure. Some men resist taking health care jobs that are predominantly occupied by...

    Listings for most fast-growing jobs use feminine language, which has been statistically shown to deter men.

    The Week Ahead: Davos to Commence as Investment Bank Earnings Are Released


    Global elites are set to gather at the annual World Economic Forum in Davos, Switzerland, top banks will report their earnings and Europe considers weaning off stimulus...

    Global elites are set to gather at the annual World Economic Forum in Davos, Switzerland, top banks will report their earnings and Europe considers weaning off stimulus measures.
    Dismal Science: Why Most Economists Are So Worried About Trump

    Dismal Science: Why Most Economists Are So Worried About Trump


    The mood among economists in a meeting in Chicago was as dreary as one of the city’s winter...

    In a meeting in Chicago, a fear that their advice will be ignored — and that the new administration’s policies could court economic disaster.
    Higher Minimum Wage May Have Losers

    Higher Minimum Wage May Have Losers


    A McDonald’s in Manhattan. When forced to pay more, many employers hired more productive workers, a researcher...

    As more cities and states raise their minimum wages, researchers question how much difference the changes will make for the working poor.
    On Money: Should We Trash Cash?

    On Money: Should We Trash Cash?


    Economists lament the ways that physical currency enables tax avoidance and crime. But for most people, cash offers an increasingly rare form of...

    Economists lament the ways that physical currency enables tax avoidance and crime. But for most people, cash offers an increasingly rare form of freedom.