The Latest Breaking News from Justin Wolfers

Federal Reserve Governor Stephen Miran signaled his willingness to support the Fed’s decisions if it pursues another interest rate cut, instead of issuing another symbolic dissent as he has in the past.

President Donald Trump's recent decision to roll back specific tariffs to combat soaring consumer costs constitutes a “remarkable admission” that his signature trade policies have directly fueled inflation, argues prominent economist Justin Wolfers.

The Department of Government Efficiency, originally an Elon Musk-backed effort to shrink the federal government, has disbanded with about eight months left on its charter, ending an initiative billed as a flagship of President Donald Trump's cost-cutting agenda.

Despite a September jobs report that saw the U.S. economy add 119,000 positions—more than double the expectations of forecasters—top economist Justin Wolfers is urging caution, warning that rising unemployment signals it is time for the country to “cut back on the economic junk food.”