Storytelling is central to how we interpret economic events. We recall economic history through haunting images of anxious ...

This idea has a long precedent in economic thought. John Maynard Keynes wrote extensively about how “animal spirits”—instincts and emotions that influence behavior—prompt people’s economic actions, ...

In his classic book, General Theory of Employment, Interest and Money, economist John Maynard Keynes suggested that investment decisions are driven more by “animal spirits" than cold ...

The common explanation for recent investment performance is that US equities have suffered because tariffs may hurt the ...

Trump says ‘we’re in a transition period’, Scotty (Bessent) Treasury Secretary says we need to ‘detox from out of control gov’t spending’ , all while Musk continues to find billions of ...

Ideally, he wanted to find a measure of uncertainty that captured popular sentiment and also reflected the policy environment ...

Donald Trump fervently wishes to boost domestic manufacturing. His administration is rolling out tariffs on his country’s ...

Rattner torched Trump’s “extreme” tariffs and Elon Musk’s DOGE “sledgehammer” for causing the economic “uncertainty” that is rattling investors worldwide.

President Trump's latest tariffs have sent markets downward, and consumer confidence is low. Steve Inskeep speaks with David Wessel of the Brookings Institution about the direction of the economy.