Economy

    New York City Mayoral candidate Zohran Mamdani celebrates during an election night event at the Brooklyn Paramount Theater in Brooklyn, New York on November 4, 2025

    Zohran Mamdani’s signature housing policy is widely loathed by economists. Here’s why

    Economists argue rent freezes benefit insiders at the expense of outsiders.

    By
    November 5, 2025

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    More Economy

    Markets plunge worldwide after ‘Big Short’ investor Michael Burry reveals $1.1 billion bet against AI stocks
    Banking

    Markets plunge worldwide after ‘Big Short’ investor Michael Burry reveals $1.1 billion bet against AI stocks

    By
    November 5, 2025
    A man receives his hotel room key from the front desk
    Travel & Leisure

    Former FBI special agent says he uses a simple trick to get the best hotel rooms in the world—and it’s all about showing love to the front desk

    By
    November 5, 2025
    NEW YORK, NEW YORK - SEPTEMBER 23: (L-R) The Hon. Wilbur Ross, President, Chairman & CEO of the Ross Acquisition Corp. II speaks onstage during the 2024 Concordia Annual Summit at Sheraton New York Times Square on September 23, 2024 in New York City.
    Economy

    Trump’s former trade architect says the president can’t backtrack on tariffs because he’s ‘too committed’ now: ‘That would be a pretty horrific decision’

    By
    November 4, 2025
    Sean Duffy
    Law

    ‘You will see mass chaos. You will see mass flight delays. You’ll see mass cancellations’: Transportation Secretary desperate for shutdown to end

    By Josh Funk and The Associated Press
    November 4, 2025
    Trump, Xi
    Politics

    Trump’s breaking-the-china strategy isn’t working: Despite the global collateral damage, only modest progress has been made with China

    By Jeffrey Sonnenfeld and Stephen Henriques
    November 4, 2025
    The U.S. housing market is ‘starved’ for affordability: Boomers edge millennials and Gen Z out of homeownership in record numbers
    Real Estate

    The U.S. housing market is ‘starved’ for affordability: Boomers edge millennials and Gen Z out of homeownership in record numbers

    By
    November 4, 2025
    Goldman Sachs CEO debunks AI job replacement hysteria, saying humans will adapt like they always do: ‘Our economy is very nimble’
    AI

    Goldman Sachs CEO debunks AI job replacement hysteria, saying humans will adapt like they always do: ‘Our economy is very nimble’

    By
    November 4, 2025
    Donald Trump
    Economy

    Trump’s tariff revenue is soaring off a ‘significant increase,’ budget watchdog says—but the $38 trillion national debt still looms

    By
    November 4, 2025
    Traders work on the floor of the New York Stock Exchange (NYSE) in New York on October 30, 2025.
    Economy

    Wall Street sinks under the weight of its own expectations as Big Tech’s AI high fades and Fed doubts creep in

    By
    November 4, 2025
    Trump, Xi
    Politics

    Trump’s seemingly offhand reference to a ‘G2’ hands status to China that it’s been seeking for years

    By Didi Tang and The Associated Press
    November 4, 2025
    Goldman and Morgan Stanley CEOs predict corrections of up to 20%, sparking global selloff
    Banking

    Goldman and Morgan Stanley CEOs predict corrections of up to 20%, sparking global selloff

    By
    November 4, 2025
    Childcare is so expensive many families are just giving up now, forcing them to sacrifice incomes, savings, and careers
    Future of Work

    Childcare is so expensive many families are just giving up now, forcing them to sacrifice incomes, savings, and careers

    By
    November 4, 2025
    Trump administration to partially fund SNAP this month after judges order use of emergency reserves
    Politics

    Trump administration to partially fund SNAP this month after judges order use of emergency reserves

    By Geoff Mulvihill, Kimberlee Kruesi and The Associated Press
    November 3, 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?’
    Cybersecurity

    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?’

    By Brianna Monsanto and IT Brew
    November 3, 2025
    A ‘jobless profit boom’ has cemented a permanent loss in payrolls as AI displaces labor at a faster rate, strategist says
    AI

    A ‘jobless profit boom’ has cemented a permanent loss in payrolls as AI displaces labor at a faster rate, strategist says

    By
    November 3, 2025
    A woman with red, curly hair stands outside and types her credit card information into her phone.
    Banking

    Both subprime and super prime loans are on the rise, signs of a K-shaped economy that is a ‘prescription for real trouble’

    By
    November 3, 2025
    MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history
    Success

    MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history

    By
    November 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.
    Politics

    Trump 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 Press
    November 3, 2025
    David Solomon, chief executive officer of Goldman Sachs Group
    Economy

    Goldman Sachs CEO says AI-induced growth offers a ‘path out’ of America’s $38 trillion debt crisis

    By
    November 3, 2025
    US President Donald Trump
    Economy

    For now, data ignorance is bliss on Wall Street as investors are warned not to rely too heavily on private surveys

    By
    November 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
    Economy

    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

    By
    November 2, 2025
    It’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families
    Energy

    It’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 Press
    November 2, 2025
    Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers
    Economy

    Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers

    By
    November 2, 2025
    Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
    Innovation

    Rivian’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 Brew
    November 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
    Banking

    In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies

    By
    November 2, 2025
    The housing market, workers, and the economy are all stuck
    Real Estate

    The housing market, workers, and the economy are all stuck

    By Alex Veiga and The Associated Press
    November 1, 2025
    Long lines form at food pantries after SNAP payments were suddenly cut off due to the government shutdown
    Economy

    Long 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 Press
    November 1, 2025
    China to suspend some rare earth curbs, probes on U.S. chip firms
    Economy

    China to suspend some rare earth curbs, probes on U.S. chip firms

    By Hadriana Lowenkron and Bloomberg
    November 1, 2025
    Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point
    Politics

    Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

    By Stephen Groves, Ali Swenson and The Associated Press
    November 1, 2025
    FAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on
    Politics

    FAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on

    By Rio Yamat and The Associated Press
    November 1, 2025

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