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Ben Casselman

New York

Chief Economics Correspondent at The New York Times

Econ reporter @nytimes. Formerly @fivethirtyeight @WSJ. Adjunct @newmarkjschool. He/him [email protected] Signal: bencasselman.96 Photo: Earl Wilson/NY

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Articles

  • 4 days ago | shorturl.at | Ben Casselman |Colby Smith

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  • 4 days ago | nytimes.com | Ben Casselman |Colby Smith

    Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises. There is a basic rule of thumb when it comes to the federal budget. The government should spend heavily during times of crisis - recessions, wars, pandemics - and then get its fiscal house in order when the crisis passes.

  • 3 weeks ago | businessandamerica.com | Ben Casselman

    The temporary reduction in tariffs that the United States and China announced in Geneva on Monday will lift, at least for now, the de facto trade embargo that had been in place between the two countries for the past month. It will reduce the chances that American shoppers will face empty shelves during the holiday season and perhaps limit the price increases they will have to endure. It sent stock prices soaring around the world.

  • 4 weeks ago | pressdemocrat.com | Ben Casselman |Colby Smith

    Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China. Evidence for the economic impact of President Donald Trump’s trade wars is everywhere — except, for the most part, in economic data itself. Consumer spending hasn’t fallen. Layoffs haven’t risen. Businesses haven’t stopped investing in equipment or buying supplies.

  • 1 month ago | sanluisobispo.com | Ben Casselman |Colby Smith |NYT Business

    Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising prices. Mattel is shifting production out of China. Evidence for the economic impact of President Donald Trump’s trade wars is everywhere -- except, for the most part, in economic data itself. Consumer spending hasn’t fallen. Layoffs haven’t risen. Businesses haven’t stopped investing in equipment or buying supplies.

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Ben Casselman
Ben Casselman @bencasselman
12 May 25

What has congestion pricing meant in NYC so far? Faster commutes, fewer delays, less honking, fewer injuries. Great piece from @emmbadger.bsky.social @stefanoschen.bsky.social and others digging into the data. https://t.co/KVzPZsiVIi

Ben Casselman
Ben Casselman @bencasselman
7 May 25

Things can change, obviously. But nothing in Powell's framing here makes it sound like they're cutting in June.

Ben Casselman
Ben Casselman @bencasselman
7 May 25

Powell: If announced tariffs remain in place, the likely outcome will be "a rise in inflation, a slowdown in economic growth and a rise in unemployment."