We study why inflation responds differently to economic activity over time. Using survey data covering the universe of Japanese firms, we show that firms are unable to perfectly distinguish aggregate ...

Alzheimer’s has long been considered irreversible, but new research challenges that assumption. Scientists discovered that severe drops in the brain’s energy supply help drive the disease—and ...

Hundreds of U.S. Special Operations Forces, including Navy SEALs and Army Rangers, are now in the Middle East, as well as thousands of Marines and Army paratroopers, according to sources familiar with ...