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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 84 of 100
Federal Reserve Chair Jerome Powell in a dark suit at a podium.
BankingMarkets expected the rate cut, but the ‘real surprise’ is the Fed’s opinion on the current state of the economy, quant CEO says
By Amanda GerutSeptember 17, 2025
  • ‘The era of Fed independence would be over,’ Cook’s lawyers warn while asking court to reject Trump’s ouster bid
    Economy‘The era of Fed independence would be over,’ Cook’s lawyers warn while asking court to reject Trump’s ouster bid
    By Alex Veiga and The Associated PressSeptember 13, 2025
Jerome Powell
EconomyJerome Powell warns there’s ‘no risk-free path’ to avoid stagflation: ‘We have a situation where we have two-sided risk’
By Nick LichtenbergSeptember 17, 2025
n this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass.
Personal FinanceDon’t hold your breath waiting for a lower mortgage rate or auto loan after the Fed cut, analyst says: ‘Unlikely to make a noticeable difference’
By The Associated PressSeptember 17, 2025
Donald Trump
EconomyJapan’s exports to U.S. fall for fifth-straight month, plummeting 13.8% in August
By Yuri Kageyama and The Associated PressSeptember 17, 2025
Federal Reserve Chairman Jerome Powell answers questions from reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC.
EconomyThe Fed blinks: First rate cut since December comes as hiring falters and Trump rages
By Eva RoytburgSeptember 17, 2025
Nvidia shares drop, China tech surges as Beijing tries to push homegrown AI chips
AINvidia shares drop, China tech surges as Beijing tries to push homegrown AI chips
By Nicholas GordonSeptember 17, 2025
  • Markets have been acting ‘super weird’ lately. Just look at gold prices vs. the dollar and bonds
    EconomyMarkets have been acting ‘super weird’ lately. Just look at gold prices vs. the dollar and bonds
    By Jason MaSeptember 13, 2025
Brian Niccol sits on a chair onstage in front of a blue and purple background.
EconomyStarbucks CEO says the coffee chain won’t lose its cash-strapped consumers because it’s on its way to being a ‘world-class customer service’ company
By Sasha RogelbergSeptember 17, 2025
Elon Musk
EconomyTop analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ that began 3 years ago. The worst should be over
By Nick LichtenbergSeptember 17, 2025
Photo: MORRISTOWN, NEW JERSEY - SEPTEMBER 14: U.S. President Donald Trump walks to Air Force One at Morristown Airport on September 14, 2025 in Morristown, New Jersey. Trump is returning to Washington, DC after a trip to New York and his golf club in Bedminster, New Jersey. (Photo by Kevin Dietsch/Getty Images)
EconomyTrump’s attacks on the Fed are hurting the dollar and driving up the price of gold
By Jim EdwardsSeptember 17, 2025
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters on September 09, 2025 in Cupertino, California.
EconomyTim Cook says Apple’s $600 billion factory build out will create a ‘domino effect.’ But the tech giant still isn’t building iPhones in America
By Nino PaoliSeptember 17, 2025
People walk in a shopping district along 5th Avenue in Manhattan on July 14, 2025, in New York City.
EconomyThe economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession
By Eleanor PringleSeptember 17, 2025
  • The Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says
    EconomyThe Fed ‘desperately’ wants to avoid a recession because it doesn’t want to get blamed and put its independence at risk, top economist says
    By Jason MaSeptember 13, 2025
President Donald Trump (L) and Federal Reserve Chair Jerome Powell
EconomyTrump is pushing for a ‘big cut’ from the Fed today—but he’s already on a losing streak
By Eleanor PringleSeptember 17, 2025
A young woman is sitting on the sofa at home with her head in her hands.
Personal Finance1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400, survey finds
By Muskaan ArshadSeptember 17, 2025
NYSE broker
AIAI has added $160 billion to ‘true GDP’ since 2022, Goldman Sachs says. There’s just one problem: That’s not official
By Nick LichtenbergSeptember 17, 2025
Gold
InvestingBofA sees gold hitting $4,000 per ounce in the second quarter of 2026. Here’s why the bank sees more room to run after recent record highs
By Nick LichtenbergSeptember 16, 2025
Shoppers
Economy‘We might be in a K-shaped recovery, but consumer spending is booming’: Healthy retail sales stave off recession fears
By Anne D'Innocenzio, Nick Lichtenberg and The Associated PressSeptember 16, 2025
Matcha
North AmericaSenior tea buyer sees ‘enormous’ price increase coming: ‘It’s going to be a bit of a tough ride for matcha devotees’
By Dee-Ann Durbin and The Associated PressSeptember 16, 2025
Ford Europe
EuropeFord to cut up to 1,000 jobs in Germany on dropping electric demand
By The Associated PressSeptember 16, 2025
Photo: WASHINGTON, DC - SEPTEMBER 04: Stephen Miran, currently the Chairman of the Council of Economic Advisors, is sworn in prior to testifying before the Senate Banking, Housing and Urban Affairs Committee September 4, 2025 in Washington, DC. Miran has been nominated by U.S. President Donald Trump to be a member of the Board of Governors of the Federal Reserve System. (Photo by Win McNamee/Getty Images)
Economy‘Peak Goldilocks’: The markets have bought the Fed rumors—watch for them to sell on the news
By Jim EdwardsSeptember 16, 2025
Appeals court rejects Trump’s bid to oust Lisa Cook from the Fed ahead of crucial interest rate decision
PoliticsAppeals court rejects Trump’s bid to oust Lisa Cook from the Fed ahead of crucial interest rate decision
By Christopher Rugaber and The Associated PressSeptember 15, 2025
Traders on Wall Street
InvestingStocks rise towards more records, helped by Elon Musk’s purchase of $1 billion worth of Tesla shares
By Stan Choe and The Associated PressSeptember 15, 2025
Arguments
EconomyTop analyst who once feared ‘the end of capitalism’ rips French and British boomers for sabotaging Gen Z futures
By Nick LichtenbergSeptember 15, 2025
President Donald Trump's pick to fill a Fed vacancy, Stephen Miran, is surrounded by cameras as he does an interview in front of the white house.
EconomyFor the first time since 2019, the Fed could split both ways on a rate decision
By Christopher Rugaber and The Associated PressSeptember 15, 2025
Jerome Powell, chairman of the US Federal Reserve
EconomyThis week’s Fed meeting is likely to be the most divisive in three decades, says Deutsche Bank
By Eleanor PringleSeptember 15, 2025
Australia’s financial regulator slaps a $160 million fine on ANZ, its largest ever on a single entity
EconomyAustralia’s financial regulator slaps a $160 million fine on ANZ, its largest ever on a single entity
By AFPSeptember 15, 2025
China’s economy continues to stumble as industry output, retail sales disappoint
EconomyChina’s economy continues to stumble as industry output, retail sales disappoint
By AFPSeptember 15, 2025
The Federal Reserve is about to have an extremely awkward meeting
EconomyThe Federal Reserve is about to have an extremely awkward meeting
By Jason MaSeptember 14, 2025
Just days before the Fed meeting, Trump continues push to oust Lisa Cook despite new evidence that undermines his claims
BankingJust days before the Fed meeting, Trump continues push to oust Lisa Cook despite new evidence that undermines his claims
By Alan Suderman and The Associated PressSeptember 14, 2025
This housing data is the ‘most critical economic variable’ for predicting recessions, and it’s now at the lowest level since pandemic shutdowns
EconomyThis housing data is the ‘most critical economic variable’ for predicting recessions, and it’s now at the lowest level since pandemic shutdowns
By Jason MaSeptember 14, 2025
New round of China trade talks to cover tariffs and TikTok’s fate after Beijing launches probes on U.S. chip sector
EconomyNew round of China trade talks to cover tariffs and TikTok’s fate after Beijing launches probes on U.S. chip sector
By AFPSeptember 14, 2025
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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
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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
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