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Economy

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The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

From the housing market to the corner office, America is paying the price for a generation that never learned to let go

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
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
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
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
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BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 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 73 of 100
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
  • Bessent calls anti-tariff Reagan ad ‘psy-ops’ and says the U.S. rescue of Argentina still counts as ‘America first’ because it helps an ally
    EconomyBessent calls anti-tariff Reagan ad ‘psy-ops’ and says the U.S. rescue of Argentina still counts as ‘America first’ because it helps an ally
    By Jason MaOctober 26, 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
A sign in a Kwik Trip store shows the store will no longer be using pennies to give change, on Oct. 23, 2025, in Yorkville, Wis
EconomyAmerica’s officially running out of pennies — and it’s costing retailers millions
By Ken Sweet and The Associated PressOctober 30, 2025
Bank of America CEO Brian Moynihan
EconomyBrian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’
By Eleanor PringleOctober 30, 2025
Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway 
InvestingPowell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway 
By Jim EdwardsOctober 30, 2025
President Donald Trump and Xi Jinping shake hands in 2019 before a bilateral meeting on the sidelines of the G20 Summit in Osaka, Japan.
North AmericaTrump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest
By Nino PaoliOctober 30, 2025
  • China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer
    EconomyChina will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer
    By Jason MaOctober 26, 2025
Why ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors
AsiaWhy ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors
By Angelica AngOctober 30, 2025
US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on October 29, 2025. The US Federal Reserve on Wednesday announced its second consecutive quarter-point rate cut to bolster the flagging labor market, unveiling a decision that highlighted the growing division in its ranks. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
BankingPowell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
By Eva RoytburgOctober 29, 2025
A young woman lies sideways, looking at her laptop and frowning.
EconomyAmerica’s flatlining income growth is hitting Gen Z the hardest, throttling their shot at homeownership, JPMorgan report warns
By Sasha RogelbergOctober 29, 2025
Jerome Powell, chairman of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Friday, Oct. 24, 2025.
EconomyPowell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
By Eva RoytburgOctober 29, 2025
U.S. President Donald Trump
EconomyGovernments are likely to pillage the $80 trillion ‘Great Wealth Transfer’ to fund their national debt, says UBS
By Eleanor PringleOctober 29, 2025
  • Scott Bessent
    EconomyScott Bessent hails ‘very successful framework’ of U.S.-China trade deal
    By Chris Megerian, David Rising, Eileen Ng and The Associated PressOctober 26, 2025
You can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on
EconomyYou can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on
By Eleanor PringleOctober 29, 2025
Federal Reserve Chairman Jerome Powell
InvestingWall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’
By Jim EdwardsOctober 29, 2025
Large group of displeased business people carrying carton boxed with their belongings after being fired from their jobs. Focus is on senior woman.
AIEveryone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first
By Eva RoytburgOctober 29, 2025
Europe’s giants still rule as startups struggle to crack the Fortune 500 Europe
EuropeEurope’s giants still rule as startups struggle to crack the Fortune 500 Europe
By Adam GaleOctober 29, 2025
Layoffs from big corporations are cutting jobs thousands of jobs in the months and years to come.
Future of WorkFrom retail to tech, here are the 10 corporations that recently announced mass layoffs
By Wyatte Grantham-Philips and The Associated PressOctober 28, 2025
The New York Stock Exchange on Monday, Oct. 13, 2025.
InvestingPayPal and UPS are sparking a late-session rally, powering stocks to fresh records
By Stan Choe and The Associated PressOctober 28, 2025
Ford's enormous F-150
EconomyFord’s enormous F-150 becomes unlikely part of Japan’s efforts to woo Trump
By The Associated Press and Mari YamaguchiOctober 28, 2025
Investor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith
EconomyInvestor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith
By Marco Quiroz-GutierrezOctober 28, 2025
Sunny Verghese, CEO of food and ag company Olam Group, speaks at Fortune Global Forum in Saudi Arabia on Sunday.
ConferencesThe world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO says
By Nino PaoliOctober 28, 2025
Ngozi Okonjo-Iweala
ConferencesWTO director-general says calling the trade wars the greatest disruption since the 1930s is ‘the understatement of the century’—but it’s not a repeat
By Nick LichtenbergOctober 27, 2025
Candy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween
EconomyCandy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween
By Jeena Sharma and Retail BrewOctober 27, 2025
The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says
ConferencesThe world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says
By Jason MaOctober 27, 2025
broker
EconomyGold plunges below $4,000 as U.S.-China truce erodes haven demand
By Yvonne Yue Li, Sybilla Gross, Yihui Xie and BloombergOctober 27, 2025
‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life
Conferences‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life
By Orianna Rosa RoyleOctober 27, 2025
Chancellor of the Exchequer Rachel Reeves (R) on stage at Fortune Global Forum in Riyadh.
ConferencesRachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances
By Eleanor PringleOctober 27, 2025
Trump
PoliticsTrump hails Milei’s Argentina win, says U.S. made ‘lot of money’
By Daniel Flatley, Josh Wingrove and BloombergOctober 27, 2025
President Donald Trump attends a press conference with UK Prime Minister Keir Starmer (not pictured) at Chequers at the conclusion of a state visit on September 18, 2025
EconomyWhy is Washington acting like the U.S. is in a recession?
By Eleanor PringleOctober 27, 2025
Ray Dalio, Founder and Mentor, Bridgewater Associates and Dalio Family Office
ConferencesRay Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling and unproductive
By Eleanor PringleOctober 27, 2025
China asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting
AsiaChina asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting
By BloombergOctober 27, 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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