Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”
Federal agents used to catch only a third of those trying to enter the country unlawfully from Mexico. Now it’s close to 90% as most simply turn themselves in.
New IRS data show the state’s share of US taxpayers making $1 million or more rose from 2019 to 2021. The same can’t be said of Florida, Texas and New York.
The vast majority of New Yorkers leaving for other states make less than $250,000 a year and are probably motivated more by high housing costs than high taxes.
Output per hour has recovered after unprecedented declines in 2022 and 2023. A potential boom driven by artificial intelligence could bring benefits and pitfalls.
Tucker Carlson is the latest in a long line of commentators to point out that overseas cities often outshine those in America. He’s not entirely wrong.
Retail theft has risen sharply in several metropolises, including New York and Los Angeles, even if an increase hasn’t shown up in the national statistics.
After more than three decades with the nation’s highest per capita income, the Nutmeg State has slipped into second — which may signal a welcome decline in regional inequality.
