Economics

Former Federal Reserve chairman Ben Bernanke and two academic economists — Douglas Diamond and Philip Dybvig — share this year's Nobel Prize in economics for their work on bank runs.

Is Reaganomics dead? One of President Reagan's top economic advisors tells us, "Yes, and good riddance."

In this episode of The Shakeout, we look toward the rollout of a long-awaited vaccine and the prospect of returning to normal.

There's a short list of things health experts have implored everyone to do: Wear a mask, wash your hands, and stay home. On this episode of The Shakeout, we explore the ramifications of that last point. Every industry that caters to travelers is facing a huge, growing shortfall, particularly in Texas, home to two major airlines and a sprawling tourism sector. With outbreaks of the virus still rippling across the United States and the rest of the world, the public remains justifiably wary of getting on a crowded plane or checking into a hotel. That wariness translates to a deep uncertainty among workers whose jobs in those industries are on the line, while those who already lost their jobs are trying to figure out what happens next.

The Nobel Prize-winning economist says he would initiate a large spending program in response to the country’s economic issues.

With the coronavirus pandemic, climate change crisis and worldwide political tensions, humankind faces an uncertain future.In his new book "The New Map:…

An estimated 37 million domestic jobs could be lost in the U.S. due to temporary shutdowns related to the COVID-19 pandemic, which had infected more than…

There are multiple indicators of a still-healthy U.S. economy, but others that signal the possibility of a looming recession. What should you know about…

In early April, Governor Greg Abbott, Lieutenant Governor Dan Patrick and Speaker Dennis Bonnen announced that they will support a proposal to raise the…

The U.S. Federal Reserve is raising the benchmark borrowing rate to a range of 2.25 percent to 2.50 percent, a move that would put it at the highest level in a decade.