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'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

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Current price of oil as of June 17, 2026

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Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

1

'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

2

Current price of oil as of June 17, 2026

3

Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

Economy

Economy

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The G7 just pledged to break China’s rare earth grip — there’s a lot of work to do

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How surging gold prices led to the biggest jump on this year’s Southeast Asia 500

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Kevin Warsh, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, June 17, 2026.

Kevin Warsh’s first Fed meeting sees rates hold steady and makes outright promise to deliver price stability—but don’t expect many details on when

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retire

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A mother and father work while their child plays

The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families

By Jacqueline MunisJune 17, 2026

Latest Stories

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By Mark Gurman and BloombergJune 17, 2026

Federal Reserve building

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Biden’s flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result

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By Catherina GioinoJune 17, 2026

More EconomyPage 100 of 100

Putin will meet Trump as a ‘fiscal crunch’ is about to hit Russia’s war machine

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Trump’s pick for the Fed ‘fuels an existential threat’ as central bank independence is targeted, JPMorgan says

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

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Michigan Gov. Gretchen Whitmer privately warns Trump that tariffs could cause severe economic damage in key swing state

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States are taking action as electric bills rise amid data-center boom. ‘There’s a massive outcry’

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By Marc Levy and The Associated PressAugust 9, 2025

President Donald Trump attends the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh on July 15.

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Economy Labor department’s data upset may have sealed the deal for a Fed interest rate cut
By Eleanor PringleAugust 4, 2025

Stephen Miran

Economy Trump to replace Biden Fed appointee with Stephen Miran, chair of the White House’s Council of Economic Advisers

By Christopher Rugaber, Josh Boak and The Associated PressAugust 8, 2025

Donald Trump

Economy Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies

By Nick LichtenbergAugust 8, 2025

The dollar is in decline because of a global ‘loss of faith in U.S. leadership,’ Macquarie says

Finance The dollar is in decline because of a global ‘loss of faith in U.S. leadership,’ Macquarie says

By Jim EdwardsAugust 8, 2025

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Economy A third of CEOs plan to axe jobs over the next year—and most now say they’ll pass on new tariff costs to their customers

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Economy US trade advisor says Trump tariff rates are ‘pretty much set’ after deadline was pushed back
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Economy Top economist says Trump’s Fed pressure may not be felt for years: ‘You can appear to get away with a lot while you’re actually doing a lot of damage’

By Eva RoytburgAugust 7, 2025

Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve's Division of Research and Statistics Centennial Conference on November 08, 2023 in Washington, DC.

Economy Markets are near certain of a September rate cut as more Fed presidents turn dovish overnight

By Eleanor PringleAugust 7, 2025

Photo: American actor Clint Eastwood on the set of The Good, The Bad and The Ugly (Il buono, il brutto, il cattivo), written and directed by Italian Sergio Leone.

Finance The U.S. economy may be ‘bad to ugly’ right now, but investors are loving every minute of it

By Jim EdwardsAugust 7, 2025

U.S. President Donald Trump looks on as his then-nominee for the chairman of the Federal Reserve Jerome Powell speaks during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC.

Economy Who’s on Trump’s short list for Jerome Powell’s replacement at the Fed

By Eleanor PringleAugust 6, 2025

Starbucks’ stock is being pummeled by Trump’s coffee tariffs while the rest of the market soars

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By Jim EdwardsAugust 6, 2025

Unemployment line

Economy UBS sounds the alarm on ‘stall speed’ as the economy shows signs of running out of gas

By Nick LichtenbergAugust 5, 2025

Embattled BP beats on earnings as it touts selling oil, not cups of coffee, as Wall Street pokes fun at its former CEO

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By Jordan BlumAugust 5, 2025

Photo of Stephen Moore

Economy Former Trump advisor criticizes Trump’s timing on ousting America’s data czar: ‘Like firing the referee’

By Eva RoytburgAugust 5, 2025

What can Northvolt’s failure teach us about Europe’s competitive future?

Economy What can Northvolt’s failure teach us about Europe’s competitive future?

By Anna HeimAugust 5, 2025

As Europe pushes towards its €1.5 trillion renewables target, companies like Ikea look for green power opportunities today

Economy As Europe pushes towards its €1.5 trillion renewables target, companies like Ikea look for green power opportunities today

By Andrew SaundersAugust 5, 2025

“Decarbonization is not just a climate plan, it is an economic strategy.” Why European competitiveness hinges on homegrown power

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By Peter VanhamAugust 5, 2025

Scott Bessent

Economy Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’

By Nick LichtenbergAugust 5, 2025

Donald Trump

Economy Trump’s jobs bloodbath prompts a look back: He likes the good reports and treats the others as fake

By Meg Kinnard and The Associated PressAugust 5, 2025

Stocks leap on Palantir earnings, but Goldman warns the U.S. ‘is near stall speed’—where the economy ‘weakens in a self-reinforcing fashion’

Finance Stocks leap on Palantir earnings, but Goldman warns the U.S. ‘is near stall speed’—where the economy ‘weakens in a self-reinforcing fashion’

By Jim EdwardsAugust 5, 2025

Photo of Jerome Powell

Economy Top analyst says the next 5 years could see ‘no growth in workers at all’ and sends a warning about the fate of the U.S. economy

By Nick LichtenbergAugust 4, 2025

Here’s what the doomsayers are getting wrong about the job market, according to a Wall Street veteran

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By Jason MaAugust 4, 2025

A medical worker cares for a newborn "dragon baby" in the maternity department of Zaozhuang Maternal and Child Health Hospital in Shandong province, China, Feb 10, 2024.

Economy China’s fertility crisis is so dire, rates are falling below ‘replacement levels’ and GDP could slow by more than half in the next 30 years, study says

By Eleanor PringleAugust 4, 2025

OPEC

Economy Lower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day

By Cathy Bussewitz and The Associated PressAugust 4, 2025

The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was

Finance The dollar is being punished for the jobs data that revealed how weak the U.S. economy really was

By Jim EdwardsAugust 4, 2025

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'Work hard, stay loyal, and the system will reward you': the Boomer credo is a Gen X betrayal and a Millennial pipe dream

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By Nick LichtenbergJune 16, 2026

Personal Finance

Current price of oil as of June 17, 2026

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By Joseph HostetlerJune 17, 2026

Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

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By Tristan BoveJune 15, 2026

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