Economy

From the artificial intelligence boom to the kitschy nostalgia of the last century, you can see it all along Route 66, which is turning 100 years old.

In the 1960s, the German government put a tariff on American chickens. President Johnson then retaliated with a tariff on light-duty commercial vehicles and trucks. The back-and-forth has come to define the U.S. auto industry.

The share of U.S. debt held by foreign countries has been shrinking.

Two inflation reports drop this week, but neither captures the full picture of what's happening to prices in real time. The gap comes down to a trade-off economists know well: speed versus comprehensiveness.

The area around Albuquerque has long been a hub for scientific and technological development. This appears to be true for AI, too, but the full picture of this regional economy is much more complex.

Orders were down 1.4% in February, extending a pattern that predates the war in the Middle East.

The New York Fed’s survey shows people expect inflation to hit 3.4% in a year. That’s up from an expectation of 3% in February, before the war in the Middle East started.

The ‘80s comedy depicts an insider trading scheme that spurred new regulation. How it will apply to prediction markets is still unsettled.

The CEO of JPMorgan Chase articulated his biggest concerns for the economy in an annual shareholder letter.

The Institute for Supply Management’s Purchasing Managers Index, out on Monday, showed that the prices businesses pay for what they need shot up 7.7 percentage points in March.