Derek Thompson

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How Houston Became the Most Powerful Job Engine in the Country

The secret sauce of the city's success might come down to history, and an ability to learn from past mistakes.

Reuters

An Utterly Terrifying Video of the Texas Fertilizer Plant Explosion

It's like a horror film.

The Newest Federal Budget Proposals Cut Infrastructure Spending to the Bone

Both President Obama and Rep. Paul Ryan propose cutting non-defense discretionary spending to a historic low.

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New Orleans: America's Next Great Innovation Hub?

New Orleans was once a great city to get away from business. How it became a great place to start one.

In America, Food Is Getting Cheaper ... Unless You're Poor

New charts explain how America spends money on food.

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The Incredible Rise of Government Spending on the Poor, in One Chart

Where is all of this spending growth coming from? New programs, new people, and health care.

Reuters

How This Smoke Cloud Became the Ultimate Symbol of Greece's Depression

You don't need any statistics to fully grasp the depth of the economic crisis. You only need to know about the smoke.

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2012's Fastest Growing (and Shrinking) Cities

The trend is pretty stark.

Where the Middle Class Spends 75 Percent of Its Income on Housing and Transport

A fresh look at the most expensive cities from the Center for Housing Policy and the Center for Neighborhood Technology.

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You'll Never Guess the Richest Metros in America

San Francisco, Washington, D.C., and...Midland, Texas?

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11 Economist Tricks for 'Winning' Black Friday

Getting the best deals starts with understanding the science of prices. These economic rules can help you save time and money.

Reuters

The Most Popular Excuses Americans Give For Not Voting

In chart form.

Reuters

Could Twentysomethings Become the Heroes of the Recovery?

It all comes down to two words: household formation.

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The Geography of the World's Millionaires

Last year, the ranks of the super-rich shrunk around the world.

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The Terrifying Reality of Europe's Youth Unemployment Crisis, in 1 Chart

In March, youth unemployment hit 50 percent in Greece. Six months later, it's only gotten worse.

Reuters

The End of Car Ownership (in the Developed World, at Least)

A new carpool company in France is part of the growing trend.

Reuters

In New York, Low-Income Smokers Spend 25 Percent of Their Money on Cigarettes

And they paid nearly 40 percent of the state's cigarette tax revenue.

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Why We're Really Winning the War on Poverty

Even after a generation of stagnating market wages, taxing the poor less and spending more money on them is working.

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Julián Castro's Message: What San Antonio Can Teach Us About Government and Growth

Mayor Julián Castro understands the power of government during economic downturns. Will he address this at the Democratic National Convention?