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The Journal.

The Wall Street Journal & Spotify Studios

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How did the U.S. economy do in 2025? With unemployment ticking up, tariffs shaking up global trade and the stock market booming, it has been hard to make sense of it all. Ryan Knutson talks with three WSJ economics reporters–Justin Lahart, Rachel Wolfe and Jeanne Whalen– about the state of the economy as we wrap up the year, and about what to expect in 2026.  … Play episode

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