Economic Indicators

The early coronavirus warning that woke up Wall Street

Before COVID-19 upended American life, the head of a $33 billion U.K. foundation told a collection of money managers how bad it was going to get. The alarm spread through the worlds of finance and business.

Who is Alan Greenspan?

Critics, including many economists, blame Greenspan for not doing enough to prevent the 2008 recession.

Coronavirus batters Allentown's economy: 'That’s how America crumbles'

Allentown, which largely fended for itself amid sharply falling tax revenue, is yearning for help from the federal government as the third-largest city in Pennsylvania with a population of over 120,000 can barely plug a multimillion-dollar budget hole left by the coronavirus pandemic.

What is a market economy?

It's characterized by a lack of government intervention, private ownership, freedom of choice, self-interest and competition.