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Economy

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Trump wants to add nearly $7 trillion to the $39 trillion national debt with his new military budget, watchdog warns

Trump’s proposal would be “by far the largest year-over-year increase in defense spending in the post-WWII era,” the CRFB said.

By Nick LichtenbergApril 2, 2026
paul krugman
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
By Jake AngeloApril 2, 2026
picture of the word "solana"
Latest crypto hack sees thieves make off with $280 million from Solana DeFi platform Drift
By Carlos GarciaApril 2, 2026
Workers on the production line of solar panels in China
After renewable power’s record-smashing 2025, the Iran war could accelerate the shift as countries seek ‘structurally more resilient’ energy, UN says
By Tristan BoveApril 2, 2026
Traders signal offers in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois.
Markets rally hard on Iran’s promise to play nice in Hormuz as its leaders pocket billions from the disruption
By Eva RoytburgApril 2, 2026
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messi
CommentaryApollo and FC Barcelona just proved legacy markets are losing their grip on business
By Mike SimasApril 2, 2026
Image showing multiple computer screens with code.
CybersecurityMercor, a $10 billion AI startup that works with companies including OpenAI and Anthropic, confirms major data breach
By Beatrice NolanApril 2, 2026
kroenke
CommentaryWhy American billionaires are abandoning Wall Street for English soccer clubs
By Andrés MartinezApril 2, 2026
Trump at podium with bondi watching
PoliticsTrump ousts Pam Bondi as attorney general
By The Associated Press, Alanna Durkin Richer, Eric Tucker, Michael Balsamo and Michelle L. PriceApril 2, 2026
What to know about Gwynne Shotwell, the woman behind SpaceX’s monster IPO
NewslettersWhat to know about Gwynne Shotwell, the woman behind SpaceX’s monster IPO
By Emma HinchliffeApril 2, 2026
mamdani
Politics‘There are no words’: Zohran Mamdani grapples with fatal shooting of 7-month-old in a stroller
By The Associated PressApril 2, 2026
Jack Dorsey and Roelof Botha think AI can make middle management obsolete 
AIJack Dorsey and Roelof Botha think AI can make middle management obsolete 
By Jacqueline MunisApril 2, 2026
A woman looks concerned as she fills up at a gas station
EconomyThe Iran war is effectively ‘a tax’ on U.S. households that could accelerate the economy’s widening K shape, Moody’s says
By Tristan BoveApril 2, 2026
More EconomyPage 96 of 100
Trump tariffs could leave the U.S. as the relative winner among global economies, Ivy League professor says
FinanceTrump tariffs could leave the U.S. as the relative winner among global economies, Ivy League professor says
By Jason MaDecember 29, 2024
China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says
FinanceChina’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says
By Jason MaDecember 29, 2024
Jerome Powell, chairman of the US Federal Reserve
FinanceWelcome to ‘Trumponomics 2.0’: What Donald Trump’s 2025 return means for markets, from AI rally to tariff risks
By Eleanor PringleDecember 29, 2024
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.
EconomyTrump’s MAGA base is turning on Elon Musk after he said he wants to import more skilled workers
By Christiaan HetznerDecember 27, 2024
Gene and Sallie Carr
FinanceMeet the boomers who’d rather spend $100k to renovate their homes than risk the frozen housing market: ‘It would be too hard to purchase anything else’
By Anne D'Innocenzio and The Associated PressDecember 25, 2024
Crowd of people on Grafton Street in Dublin
LifestyleExclusive: Ireland’s housing crisis is making a third of residents consider moving to a more affordable country
By Ryan HoggDecember 24, 2024
Trump wearing sunglasses with the word "tariffs" all around him
PoliticsEconomist predicts Trump’s tariffs won’t just be for leverage like his first presidency: ‘I don’t think many countries would be able to negotiate their way out of it’
By Paul Wiseman and The Associated PressDecember 23, 2024
Dollar bills with cracks in them
FinanceThis is America’s ‘fatal flaw’ as the U.S. bubble gets ready to pop, market expert warns
By Jason MaDecember 22, 2024
Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio
FinanceRussia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio
By Jason MaDecember 21, 2024
There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
FinanceThere’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
By Jason MaDecember 21, 2024
President-Elect Donald Trump Watches Army-Navy Football Game
Politics‘I guess Elon Musk is making the decisions now’: Economic uncertainty after Trump and Musk blow up budget deal
By The Associated PressDecember 20, 2024
MacKenzie Scott
SuccessMacKenzie Scott’s mysterious donations totaled $2 billion this year—and many were a complete surprise
By Sydney LakeDecember 20, 2024
Trump stands in front of a podium inside Mar-a-Lago
FinanceThe latest U.S. GDP report card suggests Trump is about to inherit a healthy American economy before making sweeping changes to it
By Paul Wiseman and The Associated PressDecember 19, 2024
Businesswoman leading informal meeting in modern open plan office
SuccessU.K. millennials will probably never experience the same income boom as Gen X and baby boomers, major study shows
By Ryan HoggDecember 19, 2024
The branch of BNP Paribas group in Lyon, France.BNP Paribas is the second largest banking group in Europe, and ninth largest Banking group in the world.
FinanceMoody’s downgrades 7 French banks as the country’s debt and political chaos looks set to spill into 2025
By Ryan HoggDecember 19, 2024
Rick Rieder, chief investment officer of global fixed income at BlackRock Inc.,
FinanceFed’s higher inflation forecast and rate projections rattle the stock market
By Amanda GerutDecember 18, 2024
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary Policy Report at the U.S. Capitol on July 10, 2024 in Washington, DC.
FinanceStocks take a brutal slide after the Fed signals fewer rate cuts ahead
By Stan Choe, Zimo Zhong and The Associated PressDecember 18, 2024
Jerome Powell, chairman of the US Federal Reserve, in 2024.
FinanceFed set to deliver third-straight interest rate cut
By Jonnelle Marte and BloombergDecember 17, 2024
A former Fed president says she would not cut interest rates this week, but she expects the central bank will anyway
FinanceA former Fed president says she would not cut interest rates this week, but she expects the central bank will anyway
By Alena BotrosDecember 17, 2024
Skyscrapers stand in the center of London.
FinanceTop investor dubs U.K. a ‘banana economy’ with a ‘build absolutely nothing anywhere near anything’ mantra
By Ryan HoggDecember 17, 2024
Dollar’s Trump-fueled gains face a reality check late next year
FinanceDollar’s Trump-fueled gains face a reality check late next year
By Carter Johnson, George Lei, Anya Andrianova and BloombergDecember 15, 2024
Susan Collins, president of the Federal Reserve Bank of Boston
FinanceInside the FOMC: Boston Fed President Susan Collins on changing her mind, teamwork, and the alchemy behind the base rate
By Eleanor PringleDecember 15, 2024
The French aren’t spending. Inflation is down, but people aren’t opening their wallets. Here’s why
FinanceThe French aren’t spending. Inflation is down, but people aren’t opening their wallets. Here’s why
By Alex LedsomDecember 13, 2024
An associate demonstrates maintenance work on a testing machine for chips with augmented reality glasses, a computer-based enhancement of reality perception, during a press tour for "Bosch Tech Day" at Bosch's semiconductor factory.
FinanceGerman giant Bosch’s workers left in ‘absolutely unbearable’ environment amid plans for up to 10,000 layoffs
By Ryan HoggDecember 12, 2024
Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC.
FinanceInflation gives Fed green light for December, yellow for 2025
By Jonnelle Marte and BloombergDecember 11, 2024
Russian President Vladimir Putin reacts during a signing ceremony at the Supreme Council of Russia and Belarus, December 6, 2024, in Minsk, Belarus.
FinanceRussia has disciplined 30,000 soldiers for corruption this year as bribery threatens to undermine Putin’s war economy
By Ryan HoggDecember 10, 2024
Man carrying rolls of toilet paper
RetailFear of Trump tariffs is causing Americans to stockpile toilet paper, medicine, and food before prices rise
By Jason MaDecember 9, 2024
China signals bolder stimulus for next year as Trump returns
FinanceChina signals bolder stimulus for next year as Trump returns
By BloombergDecember 9, 2024
The CEO of a state-run Russian banking giant admits the economy shows major signs of slowing
FinanceThe CEO of a state-run Russian banking giant admits the economy shows major signs of slowing
By AFPDecember 7, 2024
The job market is still strong, but unemployment is up and Americans are out work for longer stretches
FinanceThe job market is still strong, but unemployment is up and Americans are out work for longer stretches
By Paul Wiseman and The Associated PressDecember 6, 2024
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Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech townsplaceholder alt text
By Fortune EditorsApril 2, 2026
Personal Finance
Current price of gold as of April 1, 2026placeholder alt text
By Fortune EditorsApril 1, 2026
Success
Major 4-day workweek study suggests that when we work 5 days we spend one doing basically nothingplaceholder alt text
By Fortune EditorsApril 2, 2026
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