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A pedestrian passes a "Help Wanted" sign in the door of a hardware store in Cambridge, Massachusetts.
Economy

US jobs soar despite Fed’s high interest rates

A stunning jobs report on Friday showed that the US economy added a whopping 517,000 jobs in January, far more than the expected 187,000 – taking unemployment down to 3.4%, the lowest it's been since May 1969.

Economic historian Adam Tooze on the post-pandemic global economy
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Economic historian Adam Tooze on the post-pandemic global economy

If 2020 was a dry run for our next big economic disaster, how'd we do? Ian Bremmer spoke to economic historian Adam Tooze about what lessons can be learned from this dark time, as well as his new book Shutdown: How COVID Shook the World Economy.