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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 89 of 100
President Donald Trump speaks in the Oval Office August 22, 2025 in Washington, DC.
EconomyTrump’s threat to fire another Fed member has Wall Street weighing the price of ‘wrecking institutions’ with ‘scapegoat economics’
By Eleanor PringleAugust 26, 2025
  • Guy walks by a sign that says "now hiring."
    EconomyU.S. unemployment claims surge to nearly 2 million, the most in almost 4 years
    By Matt Ott and The Associated PressAugust 21, 2025
Jerome Powell, Lisa Cook
EconomyTrump says he’s firing Fed governor Lisa Cook, she vows she ‘will not resign’
By Christopher Rugaber and The Associated PressAugust 26, 2025
Man in red shirt charges his BYD car while wearing earbuds.
EnergyIn China, EVs are now cheaper than gas cars. In the U.S., the Big Three still haven’t closed a premium that’s $14,000 per vehicle
By Eva RoytburgAugust 26, 2025
Trump declares war on the Fed, setting up a titanic struggle for world’s most important central bank
PoliticsTrump declares war on the Fed, setting up a titanic struggle for world’s most important central bank
By Jason MaAugust 25, 2025
President Donald Trump
EconomyTrump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says
By Nick LichtenbergAugust 25, 2025
A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns
EconomyA third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns
By Jason MaAugust 25, 2025
  • worker
    C-SuiteCEOs at America’s 100 largest low-wage employers are paid 632 times as much as the average worker, study finds
    By Nick LichtenbergAugust 21, 2025
The Federal Reserve could start resembling the Supreme Court
EconomyThe Federal Reserve could start resembling the Supreme Court
By Jason MaAugust 24, 2025
Lagarde
EconomyLagarde says Europe’s economy would be even worse without the immigrants who moved in after the pandemic
By Christopher Rugaber and The Associated PressAugust 24, 2025
Chevron’s president explains how the company transformed the historically boom-and-bust shale business into a steadily profitable enterprise
EnergyChevron’s president explains how the company transformed the historically boom-and-bust shale business into a steadily profitable enterprise
By Jordan BlumAugust 24, 2025
The rendering of Meta's planned data center complex in Richland Parish shows a massive arrive of facilities to power the AI boom.
FeaturesMeta is sinking $10 billion into rural Louisiana to build the home of its wildest AI aspirations, setting the template for the nation’s grid buildout
By Delaney NolanAugust 24, 2025
Europe’s $64.6 billion postal pipeline of ‘de minimis’ goods comes to screeching halt
EconomyEurope’s $64.6 billion postal pipeline of ‘de minimis’ goods comes to screeching halt
By Demetris Nellas, Mae Anderson and The Associated PressAugust 23, 2025
  • Wall Street is scared that we’re looking at the end of the Fed’s independence
    EconomyWall Street is scared that we’re looking at the end of the Fed’s independence
    By Jim EdwardsAugust 21, 2025
Russia is ‘teetering on the brink of a recession’ and headed for a disastrous harvest, while Putin’s other top source of cash plunges
EconomyRussia is ‘teetering on the brink of a recession’ and headed for a disastrous harvest, while Putin’s other top source of cash plunges
By Jason MaAugust 23, 2025
The Fed is starting to worry about the housing market now
EconomyThe Fed is starting to worry about the housing market now
By Jason MaAugust 23, 2025
Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says
EconomyPowell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says
By Jason MaAugust 23, 2025
Mark Carney
Economy‘Canada currently has the best trade deal with the United States’: Mark Carney backs down on many retaliatory tariffs
By Rob Gillies and The Associated PressAugust 23, 2025
Jerome Powell
EconomyPowell’s next independence challenge: How to do what Trump has been asking for while preserving credibility
By Christopher Rugaber and The Associated PressAugust 23, 2025
Machines
EconomyBofA sees the replacement of people with process solving the ‘productivity paradox,’ because ‘a process is almost free and it’s replicable for eternity’
By Nick LichtenbergAugust 23, 2025
Reagan and Volcker
EconomyWhy does an independent Fed matter? Just look at Ronald Reagan’s economy with Paul Volcker hiking rates to nearly 20%
By Christopher Rugaber and The Associated PressAugust 22, 2025
Federal Reserve chair Jerome Powell walks next to a few other people as he enters the Jackson Hole conference.
EconomyPowell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says
By Eva RoytburgAugust 22, 2025
Donald Trump
BankingMoments after Jerome Powell’s latest speech, Trump threatens to fire Fed governor Lisa Cook if she doesn’t resign
By Nick LichtenbergAugust 22, 2025
Jerome Powell
EconomyPowell says ‘shifting balance of risks’ may warrant a sooner rate cut
By Christopher Rugaber and The Associated PressAugust 22, 2025
China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics
EconomyChina’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics
By Nicholas GordonAugust 22, 2025
Friedrich Merz
EconomyThe German economy actually shrank more than thought in the second quarter
By The Associated PressAugust 22, 2025
Paying bills on desk
Future of WorkThe white-collar job market is frozen—now bartenders and baristas are seeing bigger wage growth than desk workers
By Jessica CoacciAugust 21, 2025
From left, Senate Minority Leader Charles Schumer, D-N.Y., Sens. Chris Murphy, D-Conn., Bernie Sanders, I-Vt., Gary Peters, D-Mich., and Patty Murray, D-Wash., conduct a news conference to oppose President Donald Trump's executive order to abolish the Department Of Education
EconomyBernie Sanders and Donald Trump form an unlikely alliance over billions in chipmaker subsidies
By Eva RoytburgAugust 21, 2025
The next recession will likely be ‘triggered by a political act,’ says former Deutsche Bank chair and Allianz CFO
EconomyThe next recession will likely be ‘triggered by a political act,’ says former Deutsche Bank chair and Allianz CFO
By Jesse Klein and CFO BrewAugust 21, 2025
A trader works on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 18, 2025.
InvestingWalmart weighs down S&P 500 after earnings fall short of analysts’ expectations
By Stan Choe and The Associated PressAugust 21, 2025
Donald Trump
Economy‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit
By Nick LichtenbergAugust 21, 2025
How Walmart’s CEO navigated tariffs to post a solid quarter: ‘We’re keeping our prices as low as we can for as long as we can’
EconomyHow Walmart’s CEO navigated tariffs to post a solid quarter: ‘We’re keeping our prices as low as we can for as long as we can’
By Phil WahbaAugust 21, 2025
How crypto’s top lobbyist persuaded lawmakers—and President Trump—to embrace the blockchain industry
EconomyHow crypto’s top lobbyist persuaded lawmakers—and President Trump—to embrace the blockchain industry
By Leo SchwartzAugust 21, 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
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
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
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