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Economy

Richard McCathron is President & CEO, Hippo.
I’m leading a $100 million corporate turnaround. Here’s why I learned to distrust the growth mindset

Here’s why Silicon Valley’s growth-first playbook is destroying an industry—and what it took to reverse $41 million in losses.

By Richard McCathronMay 25, 2026
b
The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire
By Nick LichtenbergMay 25, 2026
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
By Nicholas Lua and BloombergMay 24, 2026
bofa
BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 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
Latest Stories
Top CD rates today, May 25, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates today, May 25, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganMay 25, 2026
The top high-yield savings rates: Up to 5.00% on May 25, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Current ARM mortgage rates report for May 22, 2026
Personal FinanceCurrent ARM mortgage rates report for May 22, 2026
By Glen Luke FlanaganMay 25, 2026
Mortgage rates today, May 25, 2026
Personal FinanceMortgage rates today, May 25, 2026
By Glen Luke FlanaganMay 25, 2026
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
More EconomyPage 69 of 100
Richard Haass, president of the Council on Foreign Relations and former State Department director of policy planning, testifies before the House Foreign Affairs Committee January 14, 2020 in Washington, DC. Haas testified before the committee on the topic of “From Sanctions to the Soleimani Strike to Escalation: Evaluating the Administration's Iran Policy."
EconomyLegendary DC diplomat feels ‘like Paul Revere’ about the $38 trillion national debt: ‘The crisis is coming!’
By Eva RoytburgNovember 13, 2025
  • Jerome Powell
    Economy‘Yikes’: Top investment bank looks under the hood of the economy and finds ‘the labor market doesn’t look that good’
    By Nick Lichtenberg and Eva RoytburgNovember 10, 2025
White House Press Secretary Karoline Leavitt told reporters October jobs and inflation reports will likely never be released on Wednesday.
EconomyWhite House official says October jobs and inflation data are likely to never be released
By Nino PaoliNovember 13, 2025
Barry Eichengreen
Personal FinanceYour political polarization is the reason for our $38 trillion national debt, top economist says: ‘it’s deeply debilitating’ for ‘consensus and stability and productive policy results’
By Eva RoytburgNovember 13, 2025
A woman looks down at a shelf of food while leaning on a grocery cart.
EconomyEconomist behind K-shaped economy sees a ‘sea of despair’ for the bottom 90% and a ‘crisis of confidence’ in the American dream
By Sasha RogelbergNovember 13, 2025
A young couple looking at a home
EconomyIn just 15 years, the average U.S. homebuyer went from 39 to 59 years old: Top analyst reveals how the housing market has warped in one generation
By Eleanor PringleNovember 13, 2025
The longest government shutdown in history is over—but flights and jobs data won’t return to normalcy yet
EconomyThe longest government shutdown in history is over—but flights and jobs data won’t return to normalcy yet
By Matty Merritt and Morning BrewNovember 13, 2025
  • Donald Trump
    EconomyIt’s Trump’s economy now and Americans don’t seem to love it
    By Mark Niquette, Lauren Dezenski and BloombergNovember 10, 2025
chicken
RetailBofA cites ‘favorable protein economics’ in the chicken restaurant segment with the race afoot to corner the $67 billion market
By Nick LichtenbergNovember 13, 2025
Jerome Powell
Economy‘We are guilty of spending our rainy-day fund in sunny weather’: Top economists, historians unite to urge action on $38 trillion national debt
By Nick LichtenbergNovember 13, 2025
buffalo
EconomyShutdown starvation was so bad that some Native American tribes killed the buffalo herds that they helped restore
By Matthew Brown, Graham Lee Brewer, Amelia Schafer and The Associated PressNovember 13, 2025
jobs
EconomyIt’s not just affordability, Americans are anxious over jobs too
By Jarrell Dillard, Hadriana Lowenkron and BloombergNovember 13, 2025
Trump
PoliticsTrump makes it official: Historic 43-day government shutdown is over
By Kevin Freking, Joey Cappelletti, Matt Brown and The Associated PressNovember 13, 2025
  • Torsten Slok, chief economist of Apollo Management
    EconomyThe S&P 500 is also in a K-shaped economy, says Apollo, with a widening gap between the winners and losers
    By Eleanor PringleNovember 10, 2025
US President Donald Trump shows the signed bill package to re-open the federal government in the Oval Office of the White House in Washington, DC, on November 12, 2025.
EconomyRecord U.S. government shutdown is over—but Wall Street only has 10 weeks to relax before the next one could begin
By Eleanor PringleNovember 13, 2025
Donald Trump
Economy‘The tariffs are a big tax increase’: Top bank crunches the numbers on how much Americans are paying for Trump’s trade regime
By Nick Lichtenberg and Eva RoytburgNovember 12, 2025
Trump closes his eyes and puts two fingers to his brow.
PoliticsTrump, who slapped an extra $100,000 on the H-1B visa, now says there aren’t enough talented people in the U.S. to fill jobs
By Sasha RogelbergNovember 12, 2025
Donald Trump
PoliticsThe shutdown ‘accomplished nothing and caused significant harm’ to many people, budget watchdog says, giving ‘new meaning to fiscal irresponsibility’
By Nick LichtenbergNovember 12, 2025
Donald Trump
Real EstateTrump’s 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates
By Nick LichtenbergNovember 12, 2025
Donald Trump
PoliticsTax wonks see Trump blowing his tariff revenue bonanza on half-baked plan to give Americans a $2,000 ‘dividend’
By Paul Wiseman and The Associated PressNovember 12, 2025
Jerome Powell, chairman of the US Federal Reserve
EconomyHopes for a December rate cut are fading fast despite labor fears—Jerome Powell will have his work cut out attempting to unite the Fed
By Eleanor PringleNovember 12, 2025
Airport
LawTrump’s FAA refuses to give timeline on when flights will be normal after shutdown ends
By Rio Yamat, Josh Funk, John Seewer and The Associated PressNovember 11, 2025
small business
HealthU.S. health care premium spikes to squeeze Main Street businesses
By Caitlyn Reilly and BloombergNovember 11, 2025
broker
InvestingDollar carry trades set to trounce world’s booming stock markets
By Ruth Carson, Masaki Kondo, Anya Andrianova and BloombergNovember 11, 2025
In the absence of jobs numbers, slop bowls and fast food can show a lot about the economy
EconomyIn the absence of jobs numbers, slop bowls and fast food can show a lot about the economy
By Natasha Piñon and CFO BrewNovember 11, 2025
David Ellison, in front of a purple background, puts both hands in front of himself as if measuring something.
Future of Work600 Paramount Skydance employees quit instead of returning to the office, and it cost the company $185 million, filings show
By Sasha RogelbergNovember 11, 2025
Senate Majority Leader John Thune, a Republican from South Dakota, speaks to members of the media at the US Capitol in Washington, DC, US, on Monday, Nov. 10, 2025.
EconomyHow the federal government hurt the economy: $11 billion vanishes with 1.25 million unpaid and 2,000 canceled flights
By Christopher Rugaber and The Associated PressNovember 11, 2025
David Solomon
EconomyGoldman CEO David Solomon warns ‘there will be a reckoning’ around the $38 trillion national debt
By Nick LichtenbergNovember 11, 2025
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025.
EconomyForget the ‘low-hire, low-fire’ jobs market: Covid-era talent hoarding is over, and 2026 layoff odds are tipping up, according to top economists
By Eleanor PringleNovember 11, 2025
Some usiness leaders and Wall Street players threatened to leave New York City if Zohran Mamdani became mayor—now they're facing reality.
PoliticsNew York City business leaders are split on whether to relocate their firms to avoid Mayor-elect Zohran Mamdani’s policies
By Nino PaoliNovember 11, 2025
Donald Trump
EconomyTrump’s $2,000 tariff ‘dividends’ would cost twice as much as the revenue coming in, budget watchdog warns
By Nick LichtenbergNovember 10, 2025
Farmers feel betrayed as China dangles millions of tons of soybean purchases over the U.S. to get an edge in the escalating trade war
EconomyFarmers feel betrayed as China dangles millions of tons of soybean purchases over the U.S. to get an edge in the escalating trade war
By Marco Quiroz-GutierrezNovember 10, 2025
A man in a yellow safety vest squats in a warehouse next to some boxes, looking down with his head in his hand.
EconomyThe K-shaped economy has come for your wages, as lower-income Americans sees their gains plummet to the weakest rate in a decade
By Sasha RogelbergNovember 10, 2025
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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
Real Estate
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trailplaceholder alt text
By Sydney LakeMay 24, 2026
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