Matt Phillips

Neil Young was right. It is sometimes better to burn out than to fade away.

There’s a new wizard of Menlo Park.

Gold prices are in retreat again Monday (July 20), after falling to a five-year low in overnight trading.

Netflix shares have more than doubled in 2015, placing the stock at a split-adjusted, all-time high of more than $100 a share. This makes it the best performer year-to-date in the S&P 500 index, which for comparison’s sake has risen just 2.4%.

Today’s historic nuclear deal is a potentially momentous day for the Iranian economy.

It actually happened.

If there’s a central tension of modern economics, it’s the yawning gap between theoretic economic models and empirical economic reality.

Let’s be clear: Jeb Bush’s pronouncement yesterday (July 9) that Americans need to work longer hours to help boost US productivity makes no sense at all, and not just because it’s politically tone-deaf.

Republican presidential hopeful Jeb Bush unveiled his plan for boosting the American economy yesterday, in a live-streamed interview with the New Hampshire Union Leader:

UPDATE: NYSE trading restarted not long before 3:15 p.m. ET, after a roughly four-hour stoppage.

A little over four decades since North Vietnamese tanks crashed through the gates of the US embassy in Saigon, effectively ending the war there, Vietnam’s top communist—and de facto leader—is receiving a warm welcome during visit to Washington today. The festivities will include a visit with President Barack Obama, as well as a dinner reception with the US Chamber of Commerce.

Europe might be listening to the wrong Merkel.

Few ideals are as universally celebrated in the US as the “middle class.”

Greece voted overwhelmingly against enduring more austerity in exchange for a new round of bailout funding from its creditors. With roughly 91% of the vote in more than 61% of voter cast their ballot against the deal, in a victory for Greece’s left-leaning government and a rebuke to the troubled country’s euro zone creditors.

China essentially closed its IPO market, amid an effort to keep a stock market rout from turning into an out-and-out crash.

To paraphrase economist Robert Solow, pay raises seem to be everywhere lately—except in the US government’s wage statistics. Retailers Walmart, Target, TJX, and IKEA have all announced plans to boost wages in recent months. And decisions to hike minimum wages in Seattle, Los Angeles, and a slew of other metro areas have piled up as well.

Once again, we’re covering the world’s most influential monthly economic update.

When trying to make sense of Greece’s long-running inability to balance its books, an easy villain to point out is its citizens’ proclivity for not paying taxes.

The value of any analysis depends, to a large extent, on the beginning and ending you choose.

Studies have consistently shown black and hispanic Americans are more inclined to drink bottled water than other ethnic groups.

The Supreme Court’s landmark ruling legalizing gay marriage throughout the US split along familiar lines, with the nine-member court’s four most conservative justices voting against a nationwide right to homosexual unions.

China’s key equity gauges, the Shanghai Composite and the Shenzhen index of A-shares, both tumbled more than 7% today, erasing more of this year’s remarkable gains and pushing the Shenzhen index into bear-market territory (more on that in a minute).

Brazil’s economy is slowing down fast.

For decades, policy wonks have bemoaned runaway health costs in the US.