Fed Chair Jay Powell said there’s been essentially no job creation in the private sector in the last six months. But unemployment also remains low. What does this mean for the labor market, and the economy?
"With over 50 years of experience, we know that a simple so-called index fund … does actually better than professional money managers," said economist Burton Malkiel.
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.