Real Time Economics

Real Time Economics


Economic insight from The Wall Street Journal. Want more? Sign up for our daily Real Time Economics newsletter: https://t.co/HX7UM0pmuK

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President Biden said the U.S. would have enough Covid-19 vaccines for all American adults by the end of May, after regulators authorized the one-shot Johnson & Johnson vaccine and Merck agreed to help produce it.

President Biden’s efforts to rally international support for a China strategy face the sometimes-diverging interests of countries in conflict with Beijing, like Japan and India, and those of China’s trade partners in Europe

Regulators should continue to advance reforms to the financial system to address vulnerabilities revealed by the coronavirus-induced market turmoil, Federal Reserve Gov. Lael Brainard said

“Let me be really clear: It’s not up to me to decide whether anyone should join a union. But let me be even more clear: It’s not up to an employer to decide that either,” President Biden said.

Human capital—the corporate workforce—now outweighs factories and equipment for much of the economy, said John Hoeppner, head of U.S. stewardship for Legal and General Investment Management.

The U.S. economy could be poised for stronger growth, as households receive another income boost from federal aid programs

The White House intends to withdraw Neera Tanden’s nomination to lead the Office of Management and Budget, an administration official said

“I’m basically discouraging people from buying." Makers of sofas, boats, and exercise equipment can't keep up with surging consumer demand after slowing production at the start of the pandemic.

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The U.S. imposed visa and export restrictions on Chinese state-owned companies and their executives involved in advancing Beijing’s territorial claims in the contested South China Sea

Complaints about China have piled up in Western capitals in recent years, but it took Beijing’s new curbs on Hong Kong’s autonomy to galvanize them around something approaching a common cause.

The bottom half of all U.S. households have 32% less wealth than in 2003. The top 1% have more than twice as much as they did then.

Oil price winners and losers around the globe

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The U.S. national debt will rise to 98% of GDP by 2030, CBO projects

Presidential candidate Andrew Yang says his universal basic income policy would prepare people for the 21st-century economy: "We need to wake America up to the fact that it is not immigrants that are causing these [job] dislocations, it's technology." #WSJFuture 

Winners and losers from the plunge in oil prices, for almost every country on the map

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How much you have to earn to be in the 1%: $506,000 in New York $438,000 in California $263,000 in Mississippi

Economists last January said crude oil would end 2014 at $94.65/barrel. Final 2014 close: $53.27

Unemployment rate if you... Don't have a high school diploma, 8.6% Have a college degree, 2.5%

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