The Latest Breaking News from Dean Baker

No. Senator Sanders’s data relies on a blip in 1973. Economists show wages are actually higher now than 50 years ago.

Bureau of Labor Statistics releases latest estimate of how much labor receives of national income, showing bleak decline

The economic challenges of the city’s downtown have sparked speculation of a so-called ‘doom loop’. But some say its emptiness may be part of the solution

The average American's path to retirement security has long been a steep uphill climb. The omnibus spending bill President Biden signed on Dec. 29 will make the journey easier.

With wage growth far too hot, the Federal Reserve may need to implicitly hike its 2% inflation target to avoid a hard landing for the economy.

WASHINGTON — When Elon Musk took over Twitter a few weeks back, the online vultures began to circle. Pundits signed up for competing platforms like Mastodon and Post, and then tweeted to ask their followers to join them. Online communities held impromptu funerals for the app as Musk laid off…

Whatever happens to Twitter under Elon Musk, communications directors on Capitol Hill are hanging around to find out.

Haberman accused of saving scoops for her upcoming book "Confidence Man"

With inflation, there are winners and losers. With a recession, everyone loses.