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Economy

Vox’s coverage of the economy. Analysis of inflation, the housing market, economic booms, recessions, and everything in between.

Money
How Modelo beat Bud Light to become America’s most popular beerHow Modelo beat Bud Light to become America’s most popular beer
Money

Modelo in, Bud Light out.

By Emily Stewart
Economy
Why did the US credit rating just get dinged?Why did the US credit rating just get dinged?
Economy

It might have more to do with the country’s political dysfunction than with its solvency.

By Keren Landman, MD
Economy
Can Joe Biden convince Americans the economy is actually good?Can Joe Biden convince Americans the economy is actually good?
Economy

Bidenomics, or the real story of a sort of made-up thing.

By Emily Stewart
Policy
3 reasons the US might actually fix inflation without a recession3 reasons the US might actually fix inflation without a recession
Policy

Is it time to celebrate the economy’s “soft landing” yet?

By Dylan Scott
Economy
What the new Fed interest rate hike might mean for the economyWhat the new Fed interest rate hike might mean for the economy
Economy

The Fed is looking to slow but not stop its aggressive approach to inflation.

By Nicole Narea
World Politics
Why Europe is so angry about Biden’s signature climate billWhy Europe is so angry about Biden’s signature climate bill
World Politics

Almost a year on, the Inflation Reduction Act still doesn’t sit well with the EU.

By Alex Yablon
Future Perfect
Poverty is a major public health crisis. Let’s treat it like one.Poverty is a major public health crisis. Let’s treat it like one.
Future Perfect

Poverty contributes to hundreds of thousands of American deaths a year, a recent study finds.

By Oshan Jarow
World Politics
Why strikes might disrupt your summer EurotripWhy strikes might disrupt your summer Eurotrip
World Politics

Inflation in Europe and the United Kingdom is prompting a wave of labor action across the continent.

By Jen Kirby
America’s upper middle-class gets a reality check
Money

The economy’s winners feel like losers.

By Emily Stewart
China
Here’s what’s at stake in Blinken’s trip to ChinaHere’s what’s at stake in Blinken’s trip to China
China

The secretary of state’s China trip opens the door for dialogue, but Taiwan is still a major sticking point.

By Ellen Ioanes
Future Perfect
Labor unions aren’t “booming.” They’re dying.Labor unions aren’t “booming.” They’re dying.
Future Perfect

Unions won’t come back without fundamental changes to bargaining.

By Dylan Matthews
A debt ceiling breach would be bad bad bad bad bad
Money

Let’s not find out what happens to the economy if the US breaches the debt ceiling.

By Emily Stewart
Politics
Is the US really about to be unable to pay its bills?Is the US really about to be unable to pay its bills?
Politics

5 questions about the debt ceiling and the looming X-date, answered.

By Li Zhou and Emily Stewart
Policy
9 questions about the debt ceiling, answered9 questions about the debt ceiling, answered
Policy

What is the debt ceiling? What happens if the US breaches it? And other questions you were too embarrassed to ask.

By Li Zhou and Dylan Matthews
Money
The surprising reason luxury goods are boomingThe surprising reason luxury goods are booming
Money

From $1,000 sneakers to $450 bakeware, our lust for expensive things has hit new highs.

By Whizy Kim
Politics
Did Biden screw up his debt ceiling strategy?Did Biden screw up his debt ceiling strategy?
Politics

The administration didn’t get everything right. But there was no realistic way to totally avoid this mess.

By Andrew Prokop
Politics
What a debt default could mean for America’s superpower statusWhat a debt default could mean for America’s superpower status
Politics

The showdown will cause a global crisis — and that has real implications for US influence.

By Jen Kirby
Politics
The overlooked Republican faction that could decide debt ceiling negotiationsThe overlooked Republican faction that could decide debt ceiling negotiations
Politics

Of the “five families” of the House GOP, one group could determine if the US defaults on its debt.

By Ben Jacobs
Politics
Trump’s debt ceiling “plan” could collapse the global economyTrump’s debt ceiling “plan” could collapse the global economy
Politics

Failing to raise the debt ceiling would have potentially disastrous economic consequences.

By Nicole Narea
Politics
Is the debt ceiling constitutional?Is the debt ceiling constitutional?
Politics

What will the courts do if House Republicans push the United States into a default?

By Ian Millhiser
Future Perfect
How a warming planet — and a graying population — could keep inflation high for yearsHow a warming planet — and a graying population — could keep inflation high for years
Future Perfect

Get used to paying more for less stuff

By Matthew C. Klein
Future Perfect
The nationalist dark side of Joe Biden’s climate policiesThe nationalist dark side of Joe Biden’s climate policies
Future Perfect

Why an ex-Biden official is “deeply disappointed” in his Buy American policies.

By Dylan Matthews
Economy
Why the Fed’s latest interest rate hike is controversialWhy the Fed’s latest interest rate hike is controversial
Economy

Will the Fed push the economy into a recession? Some experts worry rates have risen too fast.

By Li Zhou
Politics
Why the debt ceiling problem never goes awayWhy the debt ceiling problem never goes away
Politics

The reason we’re stressed about the debt ceiling — again.

By Li Zhou
Money
Is this a soft landing or the start of a recession?Is this a soft landing or the start of a recession?
Money

If the economy avoids a recession, it will be in spite of the Fed, not because of it.

By Emily Stewart
Policy
What doing other people’s taxes taught me about our broken tax codeWhat doing other people’s taxes taught me about our broken tax code
Policy

Our tax system is impenetrable, needlessly complex, and intrusive about our personal lives.

By Dylan Matthews
Politics
Why the new jobs numbers are a good sign for workersWhy the new jobs numbers are a good sign for workers
Politics

There’s a slight cooling of the labor market but it’s still strong.

By Li Zhou
Policy
The origins of Biden’s most important policy, explainedThe origins of Biden’s most important policy, explained
Policy

Biden’s industrial policy is both a sharp break from neoliberalism and a rediscovery of an old American idea.

By Alex Yablon
Money
Are buy now, pay later services like Klarna and Apple Pay Later a scam?Are buy now, pay later services like Klarna and Apple Pay Later a scam?
Money

Buy now, pay later — and maybe more than you bargained for.

By Emily Stewart
Technology
The swift collapse of Silicon Valley Bank, explainedThe swift collapse of Silicon Valley Bank, explained
Technology

What we know about the bank failure and fallout.

By Vox Staff
Business & Finance
The banking crisis might not be overThe banking crisis might not be over
Business & Finance

Credit Suisse’s near-failure is stoking uncertainty about whether the banking crisis can be contained.

By Nicole Narea
The doomers are wrong about humanity’s future — and its past
The Highlight

The necessity of progress.

By Bryan Walsh
Policy
Stop requiring college degrees for jobs that don’t need themStop requiring college degrees for jobs that don’t need them
Policy

Employers are finally tearing down the “paper ceiling” in hiring.

By Rachel Cohen Booth
Prices at the supermarket keep rising. So do corporate profits.
Money

Is it really inflation? Or something else?

By Whizy Kim
Money
Did the Fed break Silicon Valley Bank?Did the Fed break Silicon Valley Bank?
Money

SVB’s collapse is the price of the Fed’s interest rate gambit.

By Emily Stewart
Money
What the hell is a “woke bank”?What the hell is a “woke bank”?
Money

As Silicon Valley Bank collapses, the right returns to its favorite boogeyman.

By Whizy Kim
Money
Is this a bailout?Is this a bailout?
Money

After SVB, is the government bailing out the banks again? Yes-ish. But this isn’t 2008.

By Emily Stewart
Money
Biden’s plan to tax the rich, explainedBiden’s plan to tax the rich, explained
Money

The new proposed budget would have billionaires and multi-millionaires footing the bill in an attempt to reduce the federal deficit.

By Whizy Kim
Money
You can now buy a fraction of a house. Should you?You can now buy a fraction of a house. Should you?
Money

Buying a home is more out of reach than ever. But a new investing trend could spell trouble.

By Whizy Kim
Policy
How the US can stick the landing, beat inflation, and avoid a recessionHow the US can stick the landing, beat inflation, and avoid a recession
Policy

The path to a soft landing is narrow, but the consequences of missing it are severe.

By Mike Konczal