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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
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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
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
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EnergyNonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
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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
More EconomyPage 72 of 100
Donald Trump
EconomyTrump’s tariff revenue is soaring off a ‘significant increase,’ budget watchdog says—but the $38 trillion national debt still looms
By Nick LichtenbergNovember 4, 2025
  • Trump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
    AsiaTrump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
    By The Associated Press and Elaine KurtenbachOctober 30, 2025
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on October 30, 2025.
EconomyWall Street sinks under the weight of its own expectations as Big Tech’s AI high fades and Fed doubts creep in
By The Associated PressNovember 4, 2025
Trump, Xi
PoliticsTrump’s seemingly offhand reference to a ‘G2’ hands status to China that it’s been seeking for years
By Didi Tang and The Associated PressNovember 4, 2025
Goldman and Morgan Stanley CEOs predict corrections of up to 20%, sparking global selloff
BankingGoldman and Morgan Stanley CEOs predict corrections of up to 20%, sparking global selloff
By Jim EdwardsNovember 4, 2025
Childcare is so expensive many families are just giving up now, forcing them to sacrifice incomes, savings, and careers
Future of WorkChildcare is so expensive many families are just giving up now, forcing them to sacrifice incomes, savings, and careers
By Jason MaNovember 4, 2025
Trump administration to partially fund SNAP this month after judges order use of emergency reserves
PoliticsTrump administration to partially fund SNAP this month after judges order use of emergency reserves
By Geoff Mulvihill, Kimberlee Kruesi and The Associated PressNovember 3, 2025
  • Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
    EconomyJerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
    By Eva RoytburgOctober 30, 2025
Cybercriminals are stooping to a new low by targeting job seekers when the market is already bad: ‘Where’s the good sheep for the wolf to go attack?’
CybersecurityCybercriminals are stooping to a new low by targeting job seekers when the market is already bad: ‘Where’s the good sheep for the wolf to go attack?’
By Brianna Monsanto and IT BrewNovember 3, 2025
A ‘jobless profit boom’ has cemented a permanent loss in payrolls as AI displaces labor at a faster rate, strategist says
AIA ‘jobless profit boom’ has cemented a permanent loss in payrolls as AI displaces labor at a faster rate, strategist says
By Jason MaNovember 3, 2025
A woman with red, curly hair stands outside and types her credit card information into her phone.
BankingBoth subprime and super prime loans are on the rise, signs of a K-shaped economy that is a ‘prescription for real trouble’
By Sasha RogelbergNovember 3, 2025
Photo of MacKenzie Scott
SuccessMacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history
By Sydney LakeNovember 3, 2025
WASHINGTON, DC - APRIL 07: U.S. President Donald Trump takes a question from a member of the media during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House on April 7, 2025 in Washington, DC. President Trump is meeting with Netanyahu to discuss ongoing efforts to release Israeli hostages from Gaza and newly imposed U.S. tariffs.
PoliticsTrump turned tariffs into his foreign-policy weapon. This week, the Supreme Court will decide if he went too far
By Michelle S. Price and The Associated PressNovember 3, 2025
  • A line of Chipotle workers behind the counter assemble burrito bowls.
    North AmericaChipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out
    By Sasha RogelbergOctober 30, 2025
David Solomon, chief executive officer of Goldman Sachs Group
EconomyGoldman Sachs CEO says AI-induced growth offers a ‘path out’ of America’s $38 trillion debt crisis
By Eleanor PringleNovember 3, 2025
US President Donald Trump
EconomyFor now, data ignorance is bliss on Wall Street as investors are warned not to rely too heavily on private surveys
By Eleanor PringleNovember 3, 2025
It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street
EconomyIt’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street
By Jason MaNovember 2, 2025
It’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families
EnergyIt’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families
By Susan Haigh, Marc Levy and The Associated PressNovember 2, 2025
Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers
EconomyBessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers
By Jason MaNovember 2, 2025
Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
InnovationRivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
By Jordyn Grzelewski and Tech BrewNovember 2, 2025
In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies
BankingIn private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies
By Jim EdwardsNovember 2, 2025
The housing market, workers, and the economy are all stuck
Real EstateThe housing market, workers, and the economy are all stuck
By Alex Veiga and The Associated PressNovember 1, 2025
Long lines form at food pantries after SNAP payments were suddenly cut off due to the government shutdown
EconomyLong lines form at food pantries after SNAP payments were suddenly cut off due to the government shutdown
By Susan Haigh, Dylan Lovan and The Associated PressNovember 1, 2025
China to suspend some rare earth curbs, probes on U.S. chip firms
EconomyChina to suspend some rare earth curbs, probes on U.S. chip firms
By Hadriana Lowenkron and BloombergNovember 1, 2025
Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point
PoliticsUncertainty over federal food aid deepens as the shutdown fight reaches a crisis point
By Stephen Groves, Ali Swenson and The Associated PressNovember 1, 2025
FAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on
PoliticsFAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on
By Rio Yamat and The Associated PressNovember 1, 2025
JD Vance and Sean Duffy stand on either side of Scott Kirby as he speaks into a cluster of microphones.
EconomyUnited and American Airlines beg Congress to end shutdown ahead of busy holiday season as air traffic controllers work overtime without pay
By Sasha RogelbergNovember 1, 2025
Japan's Prime Minister Sanae Takaichi (L) shakes hands with Chinese President Xi Jinping ahead of the Japan-China summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Gyeongju on October 31, 2025.
AsiaTrump may have skipped APEC—but Xi’s using it to sell China as globalization’s last defender
By Hyung-Jin Kim, Kim Tong-Hyung, Huizhong Wu and The Associated PressOctober 31, 2025
Children’s clothing outlet Carter’s is ‘right-sizing’ by shuttering 150 locations because of high-cost tariffs and product investments
North AmericaChildren’s clothing outlet Carter’s is ‘right-sizing’ by shuttering 150 locations because of high-cost tariffs and product investments
By Alex Vuocolo and Retail BrewOctober 31, 2025
The bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025
InvestingThe bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025
By Jim EdwardsOctober 31, 2025
Senate Majority Leader John Thune has adjourned the Senate until Monday, at which point negotiations to resolve the government shutdown will resume.
EconomyThe government shutdown won’t be completely recouped—and it could cost the economy up to $14 billion, estimates say
By Nino PaoliOctober 31, 2025
Sam Altman with a colorful window behind him
EconomySince ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy
By Dave SmithOctober 31, 2025
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
AIGoldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
By Marco Quiroz-GutierrezOctober 30, 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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