Augusta Saraiva

Stay informed with Augusta Saraiva’s coverage and analysis for Fortune.

An aerial view of the New York Stock Exchange’s trading floor. Since the installation of the Hybrid Market system in 2007, there has been less traders on the floor due to an increase of electronically done trades and transactions.

Wall Street is divided over whether immigration is behind US hiring slowdown

By Augusta Saraiva and Bloomberg

A wine shelf is half-empty

U.S. economy to lose billions as foreign tourists stay away

By Augusta Saraiva and Bloomberg

WASHINGTON, DC – FEBRUARY 20: The Internal Revenue Service (IRS) Building is seen on February 20, 2025 in Washington, DC. The Internal Revenue Service will begin laying off roughly 6,000 employees in the middle of tax season as the Trump administration pushes to downsize the federal workforce through the Department of Government Efficiency (DOGE). (Photo by Tasos Katopodis/Getty Images)

IRS to lose billions in revenue if migrants stop filing taxes

By Augusta Saraiva and Bloomberg

Young people in an apartment

Gen Z Americans don’t have enough saved to cover a single month of spending

By Augusta Saraiva and Bloomberg

Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.

U.S. household net worth climbed to record at end of 2024

By Augusta Saraiva and Bloomberg

A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California.

US consumer sentiment unexpectedly falls on high cost of living

By Augusta Saraiva and Bloomberg

Confused laptop

Housing inflation data mystery deepens as government says email to ‘super users’ was a ‘mistake’

By Augusta Saraiva, Enda Curran, and others

Consumer confidence ticks up, with more people planning big purchases.

Job-market optimism pushed consumer confidence up for the first time in four months in November

By Augusta Saraiva and Bloomberg

BORA BORA ISLAND, FRENCH POLYNESIA – 2019/09/25: A woman gazes at the sea in the aqua-centric luxury Bora Bora Pearl Beach Resort & Spa resort.<br />
Bora Bora is a volcanic island of French Polynesia, in the Pacific Ocean. It is Tahiti`s most famous island and a major international tourist destination famous for its luxury resorts. The population is around 9,000 inhabitants. (Photo by John Milner/SOPA Images/LightRocket via Getty Images)

Inflation? Uncertain economy? No problem. Americans are vacationing overseas like never before

By Augusta Saraiva and Bloomberg

INGLEWOOD, CALIFORNIA – AUGUST 09: EDITORIAL USE ONLY. Taylor Swift performs onstage during “Taylor Swift | The Eras Tour” at SoFi Stadium on August 09, 2023 in Inglewood, California. (Photo by Kevin Winter/TAS23/Getty Images for TAS Rights Management)

Taylor Swift, Beyoncé, and the Barbenheimer films are such blockbusters that they’ll add $8.5 billion to U.S. economy in just 3 months

By Augusta Saraiva and Bloomberg

Jacob Frey

Minneapolis has a YIMBY message for America: Build more houses and get rid of suburban-style zoning and inflation will disappear

By Mark Niquette, Augusta Saraiva, and others

Welder working in steel manufacturing facility

‘Reluctant to let workers go’: Scarred by labor shortages, employers in struggling sectors trim hours rather than cut jobs

By Augusta Saraiva and Bloomberg

LEMONT, ILLINOIS – JUNE 21: A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. US housing starts climbed more than 20% last month which has helped lumber futures climb nearly 9% over the same period. According to the National Association of Home Builders, volatile prices of lumber products in recent years have caused the average price of a new single-family home to increase by more than $14,000. (Photo by Scott Olson/Getty Images)

Comerica Bank: Homebuilding is set to boost the economy after a two-year contraction—making a soft landing ‘easier to imagine’

By Augusta Saraiva and Bloomberg

an angry looking young business man with long hair, holds his furrowed forehead, sitting on steps outside an office building

Layoffs may be starting to take a toll as weekly unemployment applications jump to their highest level since 2021

By Augusta Saraiva and Bloomberg

PARIS, FRANCE – JUNE 3: Lionel Messi #30 of Paris Saint-Germain reacts after a missed free-kick during the Paris Saint-Germain V Clermont, French Ligue 1 regular season match at Parc des Princes on June 3, 2023, in Paris, France (Photo by Tim Clayton/Corbis via Getty Images)

Tickets to see soccer superstar Lionel Messi play for Miami soar to $450 as resellers try to cash in on Messi-mania

By Augusta Saraiva and Bloomberg