Mark Whitehouse

Mark Whitehouse

Maybe Banks Really Aren’t Worried About Brexit

In many ways, bankers seem to be getting ready for Britain’s exit from the European Union. Bank of America is setting up a new Paris office. A Deutsche Bank executive received a multimillion-euro bonus for overseeing preparations. Estimates of the number of jobs to be moved from the UK to other…

Another Reason to Worry About the Economy

Will the US dip into recession sometime in the coming year? Economists increasingly disagree on what will happen — and that in itself may be an ominous sign. Every month, Bloomberg surveys dozens of economists — from banks, research firms, universities — on the outlook for the US. On average, as…

How Powerful Companies Might Hold Back Growth

There’s a pretty good argument that US companies are using the power that comes with increasing size and market dominance to hold down workers’ wages. But is this phenomenon also holding back the entire economy? Judging from data on industrial production, that’s a distinct possibility. …

How American Women Help the Economy

America’s female workers deserve more appreciation: They’re playing a crucial role in helping the US economy grow without stoking unwanted inflation. By many measures, the US is at or near full employment, the point at which demand for workers should push up wages and prices. The unemployment…

The US Economy and the Employment Gap

Donald Trump isn't the president one might expect to narrow the disparities between black and white Americans. Yet under his watch, that's just what is happening in the labor market. Blacks in America face a litany of barriers to gainful employment. They're more likely to grow up in…