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Economy

Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Oil drops as U.S. says deal with Iran and Hormuz reopening is near

Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.

By Nicholas Lua and BloombergMay 24, 2026
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
By Jason MaMay 24, 2026
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs
By Jacqueline MunisMay 24, 2026
U.S. reaches limit of sanctions power in targeting Iran’s economy
U.S. reaches limit of sanctions power in targeting Iran’s economy
By Magdalena Del Valle and BloombergMay 23, 2026
bofa
BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
Someone leafs through titles stacked in a library
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge
By Tristan BoveMay 24, 2026
Latest Stories
Alaska’s oil revival sparks a new energy rush Into the Arctic
EnergyAlaska’s oil revival sparks a new energy rush Into the Arctic
By Jennifer A. Dlouhy and BloombergMay 24, 2026
Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
PoliticsTrump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
By Darlene Superville, Matthew Daly and The Associated PressMay 24, 2026
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
InvestingSpaceX stock is about to join this growing constellation of public companies building a space-based economy
By Jason MaMay 24, 2026
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
PoliticsThe more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
By Jason MaMay 24, 2026
f
EnergyNonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
r
HealthThe quiet $8 billion crisis: long COVID costs keep rising as Washington looks away
By Bruce Y. Lee, Hannah Dimmick and The ConversationMay 24, 2026
w
Personal FinanceFrom Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund
By Austin Sarat and The ConversationMay 24, 2026
mental
Health500,000 people were locked in state psychiatric hospitals. Their descendants can’t find out why
By Mike Stobbe, Nick Lichtenberg and The Associated PressMay 24, 2026
More EconomyPage 34 of 100
OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
AIOpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
By Nick LichtenbergMarch 6, 2026
  • Stressed high income woman
    SuccessEven most six-figure earners say buying a house is unattainable—half of Americans can’t afford to dine out or vacation in a cost of living crisis
    By Emma BurleighMarch 5, 2026
Nearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
Future of WorkNearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
By The Associated Press, Jeff Amy and Alexa St. JohnMarch 6, 2026
A Minneapolis Fed report details how much Trump’s immigration crackdown hurt businesses and workers: ‘There are not any people to hire’
EconomyA Minneapolis Fed report details how much Trump’s immigration crackdown hurt businesses and workers: ‘There are not any people to hire’
By Jason MaMarch 6, 2026
Scott Bessent, speaking into a microphone, raises one hand next to his face.
EconomyCBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP
By Sasha RogelbergMarch 6, 2026
Saad Sherida al-Kaabi, Qatar's Energy Minister
EnergyIran conflict could ‘bring down the economies of the world,’ warns one of the Middle East’s biggest energy exporters
By Tristan BoveMarch 6, 2026
labor
Economy‘The job market is struggling in the face of so many headwinds’: labor market reels at unexpected 92,000 loss
By Paul Wiseman, Anne D'Innocenzio and The Associated PressMarch 6, 2026
  • trump
    EconomyTrump’s loss of $1.7 trillion in tariff revenue will send the national debt to $58 trillion by 2036, think tank projects
    By Nick LichtenbergMarch 5, 2026
picture of bitcoin
CryptoBitcoin dives again after disappointing jobs report, ending midweek rally
By Carlos GarciaMarch 6, 2026
A young man browning through a records section at a music store
EconomySubscription burnout has made Gen Z fall in love with all things physical. ‘Amazon’s not going to come into your house and take your DVD’
By Tristan BoveMarch 6, 2026
anthropic research chart
AIAnthropic just mapped out which jobs AI could potentially replace. A ‘Great Recession for white-collar workers’ is absolutely possible
By Jake AngeloMarch 6, 2026
Stressed Gen Z pharmacy worker
SuccessGen Z graduates who majored in ‘AI-proof’ careers like pharmacy, biology, and education are making less than $50,000 after graduation
By Emma BurleighMarch 6, 2026
lagos
Workplace CultureNigerian Gen Zers can’t afford the traditional table culture of clubs—and now rave culture is thriving
By Ope Adetayo and The Associated PressMarch 6, 2026
  • Current price of Bitcoin for March 5, 2026
    Personal FinanceCurrent price of Bitcoin for March 5, 2026
    By Joseph HostetlerMarch 5, 2026
OAKLAND, CA - APRIL 17: A job seeker looks at job listings posted at the East Bay Works One-Stop Career Center April 17, 2009 in Oakland, California. The California state unemployment rate surged to 11.2 percent in March, the highest level since 1941 when unemployment was 11.7 percent. An estimated 2.1 million Californians are out of work. . (Photo by Justin Sullivan/Getty Images)
EconomyThe abysmal February jobs report shatters hopes of a labor market recovery for 2026 and leaves the Fed ‘between a rock and a hard place’
By Eva RoytburgMarch 6, 2026
post
EconomyThe Postal Service will run out of cash within a year, Postmaster General warns: ‘We have to have a conversation with the American public’
By Susan Haigh and The Associated PressMarch 6, 2026
Photo: US President Donald Trump during an event with Inter Miami CF in the East Room of the White House in Washington, DC, US, on Thursday, March 5, 2026. Inter Miami CF is visiting the White House to celebrate their 2025 championship win.
PoliticsIran is turning out to be a more effective enemy than many thought, and U.S. allies are losing their patience with the war
By Jim EdwardsMarch 6, 2026
U.S. Secretary of Treasury Scott Bessent
EconomyThe Treasury may need to borrow an extra $1.6 trillion to cover the hole left by tariff ruling and pay a further $400 billion in debt interest
By Eleanor PringleMarch 6, 2026
‘Technology is our superpower’: Africa and India take a seat at the top table as AI revolution spreads
Europe‘Technology is our superpower’: Africa and India take a seat at the top table as AI revolution spreads
By Kamal AhmedMarch 6, 2026
education
AIWe’re economists who designed a chatbot to help our students reason instead of cheat. Meet ‘Macro Buddy’
By Saharnaz Babaei-Balderlou, Shishir Shakya and The ConversationMarch 6, 2026
rail
CommentaryCongress is about to chase rail freight onto American roads. It risks thousands of deaths
By Michael F. GormanMarch 6, 2026
hegseth
Middle EastPete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s
By James Dwyer and The ConversationMarch 6, 2026
hormuz
CommentaryHung up on Hormuz: the old-world order of oil was just shattered by the closing of Iran’s key global chokepoint
By Siddharth MisraMarch 6, 2026
An older and younger man embrace at an airport.
Middle East23,000 canceled flights and debris raining on Dubai hotels: The Iran war is jeopardizing the $12 trillion global travel industry
By Sasha RogelbergMarch 6, 2026
Paul Krugman speaking while seated on stage.
Middle EastThe Iran conflict will be the ’straw that breaks the camel’s back’ for the U.S. economy if it goes on much longer, Nobel laureate Paul Krugman warns
By Tristan BoveMarch 6, 2026
Economist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy
AsiaEconomist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy
By Nicholas GordonMarch 6, 2026
Trump will take ‘any assistance from any country’ including asking Zelenskyy and Ukraine for help on countering Iran’s Shahed drones
PoliticsTrump will take ‘any assistance from any country’ including asking Zelenskyy and Ukraine for help on countering Iran’s Shahed drones
By The Associated PressMarch 5, 2026
li qiang
AsiaChina just set its lowest economic growth target since 1991
By Ken Moritsugu, Chan Ho-Him and The Associated PressMarch 5, 2026
trump
EnergyTrump has been pushing India to stop buying Russian oil, but he just cut off their massive supply from Iran
By Anton L. Delgado, Aniruddha Ghosal and The Associated PressMarch 5, 2026
markets
EconomyDow drops 1,000 as oil spikes on Trump’s Middle Eastern regime change adventure
By Stan Choe and The Associated PressMarch 5, 2026
mercedes benz
LawAlmost every Democratic AG just sued Trump over tariff refunds, demanding money back now
By Lindsay Whitehurst, Paul Wiseman and The Associated PressMarch 5, 2026
donald trump
EconomyTrump touts tariffs as a budget fix. But the brutal truth is ‘they’re very weak’ and barely dent the $39 trillion national debt
By Jake AngeloMarch 5, 2026
President Donald Trump speaking after the Supreme Court ruled most of his tariffs illegal in February.
EconomyFed survey reveals Trump’s tariff gut punch to the backbone of the U.S. economy: small business
By Tristan BoveMarch 5, 2026
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Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
Lifestyle
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to driveplaceholder alt text
By Sasha RogelbergMay 24, 2026
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workersplaceholder alt text
By Emma BurleighMay 22, 2026
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