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Economy

U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out

The so-called general license means U.S. sanctions will not apply for 30 days on deliveries of Russian oil that has been loaded on tankers as of Friday.

By The Associated PressApril 18, 2026
air canada
Air Canada suspends all summer flights to New York’s JFK airport on Iran-surging fuel price
By The Associated PressApril 18, 2026
ohare
America’s busiest airport told to cut 300 flights per day from summer schedule
By Jessica Hill and The Associated PressApril 18, 2026
texas
Trump’s big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago
By Nick LichtenbergApril 18, 2026
strait
Iran closes Strait again, says it will be shut until Trump lifts blockade
By Samy Magdy, Sam Metz and The Associated PressApril 18, 2026
trump
Tariffs alone won’t save American manufacturing — here’s what actually will
By Johan "Kip" EidebergApril 18, 2026
Latest Stories
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
LawA bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
By The Associated PressApril 18, 2026
The record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
North AmericaThe record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
By Seth Borenstein and The Associated PressApril 18, 2026
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
PoliticsThe U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
By Jason MaApril 18, 2026
Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
PoliticsIran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
By Jason MaApril 18, 2026
MacKenzie Scott
SuccessMacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
By Sydney LakeApril 18, 2026
Steve Jobs
SuccessZillow’s CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm
By Emma BurleighApril 18, 2026
The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
BankingThe $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
By Marco Quiroz-GutierrezApril 18, 2026
benioff
CommentaryAI’s next act: how Salesforce is turning efficiency gains into revenue
By Keith Ferrazzi and Wendy SmithApril 18, 2026
More EconomyPage 27 of 100
trump
EconomyJPMorgan analysis finds Trump’s tariffs are working on China—at a huge cost to American small business
By Nick LichtenbergFebruary 19, 2026
  • One of Stanford’s original AI gurus says productivity liftoff has begun after doubling in 2025 amid transition to ‘harvest phase’ along J-curve
    EconomyOne of Stanford’s original AI gurus says productivity liftoff has begun after doubling in 2025 amid transition to ‘harvest phase’ along J-curve
    By Jason MaFebruary 15, 2026
reagan
EconomyAmerica faces a ‘debt crisis’ a lot like the 1980s when a ‘private pact’ brokered by Ronald Reagan did the trick
By Tristan BoveFebruary 19, 2026
Welcome to the ‘annoyance economy’: Americans are paying over $165 billion a year as companies waste their time to drive revenue
EconomyWelcome to the ‘annoyance economy’: Americans are paying over $165 billion a year as companies waste their time to drive revenue
By Catherina GioinoFebruary 19, 2026
Sam Altman speaks into a microphone
AISam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology
By Sasha RogelbergFebruary 19, 2026
trump
EconomyTrump’s tariffs are a ‘dirty tax’ that will make the $38.6 trillion national debt crisis even worse over the long term, top analyst says
By Nick LichtenbergFebruary 19, 2026
laid off
CommentaryThe billion-dollar justification: why AI giants need you to fear for your job
By David StoutFebruary 19, 2026
  • U.S. literally can’t afford to lose superpower status as debt looms—so we’re stuck in an ‘increasingly loveless’ marriage with Europe, analyst says
    PoliticsU.S. literally can’t afford to lose superpower status as debt looms—so we’re stuck in an ‘increasingly loveless’ marriage with Europe, analyst says
    By Jason MaFebruary 15, 2026
Kevin Warsh, former governor of the U.S. Federal Reserve, in April 2025.
EconomyA headache is already emerging for Kevin Warsh at the Fed: Some members aren’t just resisting a rate cut, they’re open to a hike
By Eleanor PringleFebruary 19, 2026
whittaker
CommentaryThe next 3 years will define capitalism for a generation losing faith in talent and hard work. Are CEOs up for the challenge?
By Martin WhittakerFebruary 19, 2026
trump
EconomyAmerican small business bills tripled due to Trump’s tariffs in 2025, JPMorgan finds
By Josh Boak and The Associated PressFebruary 19, 2026
Photo: Scott Bessent and President Trump.
EconomyFed confirms it obeyed U.S. Treasury request for an unusual ‘rate check,’ weakening the dollar against foreign currencies
By Jim EdwardsFebruary 19, 2026
barr
AIFed governor lays out 3 AI scenarios, including one with a giant population of ‘unemployable’ workers
By Catherina GioinoFebruary 19, 2026
  • The U.S. and Iran will hold a new round of nuclear talks as Trump sends the world’s largest aircraft carrier to the Mideast
    PoliticsThe U.S. and Iran will hold a new round of nuclear talks as Trump sends the world’s largest aircraft carrier to the Mideast
    By The Associated PressFebruary 15, 2026
barr
AIAI doomsday where many workers are ‘essentially unemployable’ is totally possible, Fed governor says
By Nick LichtenbergFebruary 18, 2026
hassett
EconomyTop Trump advisor furious about true cost of tariffs being revealed, vows to punish New York Fed for ‘worst paper’ ever in history
By Jake AngeloFebruary 18, 2026
Professor Stuart Russell pictured in 2023 during a Congressional testimony on AI oversight
AIBig Tech execs playing ‘Russian roulette’ in the AI arms race could risk human extinction, warns top researcher
By Tristan BoveFebruary 18, 2026
bernie
PoliticsBernie Sanders campaigns in Gavin Newsom’s backyard for a tax on billionaires
By MIchael R. Blood and The Associated PressFebruary 18, 2026
Person happily leaving for new job
EconomyJob hopping for better wages no longer pays off the way it used to, ADP analysis says
By Eleanor PringleFebruary 18, 2026
Photo: YOLO
InvestingThere’s an incoming $150 billion ‘YOLO’ trade that will boost stocks by the end of March, Wells Fargo says
By Jim EdwardsFebruary 18, 2026
trump
EconomyTrump crackdown drives 80% plunge in immigrant employment, reshaping labor market, Goldman says
By Nick LichtenbergFebruary 17, 2026
Why your boss loves AI and you hate it: Corporate profits are capturing your extra productivity, and your salary isn’t
EconomyWhy your boss loves AI and you hate it: Corporate profits are capturing your extra productivity, and your salary isn’t
By Eva RoytburgFebruary 17, 2026
Photo of Robert Solow
AIThousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago
By Sasha RogelbergFebruary 17, 2026
ray dalio
PoliticsRay Dalio warns of ‘great disorder’ period for world economy, marked by ‘clash of great powers’—just like the 1930s
By Jake AngeloFebruary 17, 2026
Photo of Donald Trump
Economy$56 trillion national debt leading to a spiraling crisis: Budget watchdog warns the U.S. is walking a crumbling path
By Nick LichtenbergFebruary 17, 2026
A trader at the New York Stock Exchange looks at screens while appearing concerned
AIInvestor Dan Ives says the tech selloff that has been spooking markets is actually a ‘generational opportunity’ to get in on the action
By Tristan BoveFebruary 17, 2026
india
AIIndia cobbles together $200 billion-plus for data-center investment
By Rajesh Roy and The Associated PressFebruary 17, 2026
Federal Reserve Chair Jerome Powell
EconomyJerome Powell is facing a ‘puzzlement’ of economic data, with contradictions likely to freeze any immediate action on the base rate
By Eleanor PringleFebruary 17, 2026
Brian Moynihan, chief executive officer of Bank of America Corp.
EconomyBrian Moynihan isn’t so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles
By Eleanor PringleFebruary 16, 2026
manyika
CommentaryAI is transforming science – more researchers need access to these powerful tools for discovery  
By James Manyika and Demis HassabisFebruary 16, 2026
Photo: A dollar bill.
EconomyThe ‘Sell America’ trade inflicted ‘lasting damage’ on the U.S. dollar, ING says
By Jim EdwardsFebruary 16, 2026
Image of the Capitol Building set against Social Security cards
EconomySocial Security’s trust fund is nearing insolvency, and the borrowing binge that may follow will rip through debt markets, economist warns
By Jason MaFebruary 15, 2026
Southeast Asia’s fast-growing hospitality industry has a people problem. Here’s what leading brands are doing to get the staff they need
AsiaSoutheast Asia’s fast-growing hospitality industry has a people problem. Here’s what leading brands are doing to get the staff they need
By Alice Williams and Great Place To WorkFebruary 15, 2026
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Economy
'We should absolutely be concerned about non-college-educated men today': higher rents, living at home, falling out of the labor marketplaceholder alt text
By Catherina GioinoApril 18, 2026
Success
Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaireplaceholder alt text
By Preston ForeApril 17, 2026
Workplace Culture
The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverageplaceholder alt text
By Marco Quiroz-GutierrezApril 17, 2026
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