Report
Is there an AI bubble? Some key indicators point to one — and when bubbles burst, there can be massive shocks in the housing and job markets that last for years. This weekly tracker will compare current trends on Wall Street with historical averages.
Article • Dean Baker’s Beat the Press
Trump’s proposed baby accounts rely on unrealistic investment assumptions, obscure the effects of inflation, and lock up funds while cutting programs that help low-income families.
Article • Dean Baker’s Beat the Press
The June jobs report points to a cooling labor market, with slowing wage growth, job gains concentrated in health care, declining prime-age employment, and no evidence that AI is boosting productivity.
Article • Data Bytes
While this month’s job growth numbers are fine, wage growth remains weak and the continuing concentration of jobs in the health care and social assistance sector does not suggest a strong economy overall.
Podcast
Episode 41: Algernon Austin, director of CEPR’s Race and Economic Justice Program, joins Dean Baker to examine how the Trump administration is reversing black economic progress through DOGE cuts, military purges, weakened affirmative action, and the Supreme Court’s assault on voting rights. They also discuss solutions, including a national jobs guarantee.
Article • Dean Baker’s Beat the Press
Despite Trump’s claims of record investment, factory construction has declined sharply since its 2024 peak, following a surge driven by Biden-era industrial policies.
Article • BUYOUTS: Private Equity Reshaping the Economy
This month in private equity: Dem lawmakers probe the military-PE connection, regulators take a look at ‘continuation vehicles,’ and Pizza Hut changes hands.
Article • Dean Baker’s Beat the Press
The Trump administration’s claims of widespread ACA fraud are unsupported by evidence and overlook the insurers that would profit most from fraudulent enrollments.
Article • Expose the Heist: Power and Policy in Unprecedented Times
The anniversary of the Supreme Court decision to end affirmative action in college admissions is a good time to consider how affirmative action continues on – to the benefit of wealthy white people.
Article • Expose the Heist: Power and Policy in Unprecedented Times
The White nationalist movement that opposes diversity, equity, and inclusion may wrap itself in the American flag, but it is deeply anti-American.
