Economy

    Why Jerome Powell’s latest rate cut still won’t help you get a lower mortgage rate

    Why Jerome Powell’s latest rate cut still won’t help you get a lower mortgage rate

    “Since this rate cut was no surprise, the markets have taken it in stride,” 43-year mortgage industry veteran Melissa Cohn told Fortune.

    By
    December 11, 2025

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    Mohamed Aly El-Erian
    Economy

    ‘This Fed went to sleep,’ says top economist Mohamed El-Erian, who wants to see the central bank reformed and presidents to ‘cool it’

    By
    December 2, 2025
    More than 1,000 Amazon employees sign open letter warning the company’s AI ‘will do staggering damage to democracy, our jobs, and the earth’
    AI

    More than 1,000 Amazon employees sign open letter warning the company’s AI ‘will do staggering damage to democracy, our jobs, and the earth’

    By
    December 2, 2025
    Extended holiday sales, effectively Black November, is ‘confusing’ for customers and dilutes shopping ‘sparkle’ of Black Fridays and Cyber Mondays past
    Retail

    Extended holiday sales, effectively Black November, is ‘confusing’ for customers and dilutes shopping ‘sparkle’ of Black Fridays and Cyber Mondays past

    By Kristina Monllos and Marketing Brew
    December 1, 2025
    members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Hassett said that Chinese actions on trade in the last few weeks have been "unacceptable," but there has been "sort of a thawing" in US-China relations in recent days as conversations
    Economy

    Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in jobs data, and suggested firing Powell over a renovation

    By
    December 1, 2025
    Queens
    Law

    New York City backs casinos in Queens and the Bronx that would benefit billionaire Steve Cohen and maybe even Donald Trump

    By Philip Marcelo and The Associated Press
    December 1, 2025
    Donald Trump
    Economy

    The tariffs are raising $100 billion less than Trump expected. Pantheon Macro sees 3 reasons why, starting with China

    By
    December 1, 2025
    President Donald Trump walks out with Federal Reserve board member Jerome Powell
    Economy

    Trump says he has a name to replace Powell—so Wall Street may need to contend with a ‘shadow Fed chair’ for the next half year

    By
    December 1, 2025
    dollars
    Economy

    The K-shaped economy means inflation hurts at the bottom and swells the assets at the top

    By Christopher Rugaber and The Associated Press
    December 1, 2025
    Cyber Monday
    Retail

    Adobe sees Americans spending $14.2 billion online during Cyber Monday, last call for holiday shopping binge

    By Wyatte Grantham-Philips and The Associated Press
    December 1, 2025
    Photo of Elon Musk
    Economy

    Elon Musk says only AI and robotics can solve the ‘insanely high’ $38 trillion national debt crisis—but it would cause ‘significant deflation’

    By
    December 1, 2025
    Photo: PHILADELPHIA, PA - NOVEMBER 28: Philadelphia Eagles fan dressed as the Grinch looks on during the game between the Chicago Bears and the Philadelphia Eagles on November 28, 2025 at Lincoln Financial Field in Philadelphia, PA.
    Economy

    ‘Santa Rally’ stalls even though a December cut from the Fed is a near certainty

    By
    December 1, 2025
    Teen brands win over wary Black Friday shoppers while other deals disappoint
    Retail

    Teen brands win over wary Black Friday shoppers while other deals disappoint

    By Jaewon Kang and Bloomberg
    November 30, 2025
    The housing crisis is also a crisis of hopelessness as young Americans give up, hustle less, spend more, and make risky investments as a last resort
    Economy

    The housing crisis is also a crisis of hopelessness as young Americans give up, hustle less, spend more, and make risky investments as a last resort

    By
    November 30, 2025
    Black Friday
    Economy

    ‘Black Friday has really turned into like a full week event’: America spends Thanksgiving week cruising for deals amid $18 billion spending explosion

    By Wyatte Grantham-Philips and The Associated Press
    November 30, 2025
    Tim Wu
    Economy

    Why the economy has that ‘weird feeling of something you like getting worse’: One of America’s top legal theorists on ‘the age of extraction’

    By
    November 30, 2025
    Lab-grown diamonds are crushing this African economy that was built on natural stones
    Economy

    Lab-grown diamonds are crushing this African economy that was built on natural stones

    By Sello Motseta, Farai Mutsaka and The Associated Press
    November 30, 2025
    Santa is coming to Wall Street early this season, and analysts say 2026 is shaping up to be another big year of gains
    Investing

    Santa is coming to Wall Street early this season, and analysts say 2026 is shaping up to be another big year of gains

    By
    November 29, 2025
    Wall Street strategist explains today’s political rage with a poverty line that should be $140,000 and the ‘Valley of Death’ trapping people below it
    Economy

    Wall Street strategist explains today’s political rage with a poverty line that should be $140,000 and the ‘Valley of Death’ trapping people below it

    By
    November 29, 2025
    McDonald's CEO Chris Kempczinski said earlier the fast-food chain's combo meals were too expensive for its customers.
    C-Suite

    McDonald’s promoted its new $8 nugget combo meal, then got blasted online with complaints about affordability, quality and service

    By
    November 29, 2025
    Robert F. Kennedy
    Politics

    After lengthy delay, Trump administration releases $3.6 billion of funding for Low Income Home Energy Assistance Program

    By Susan Haigh and The Associated Press
    November 29, 2025
    Black Friday
    Economy

    ‘The economy is bad, but you still have to celebrate’: Black Friday shoppers attack stores with a vengeance, some sipping champagne

    By Anne D'Innocenzio, Cathy Bussewitz, Stephen Smith and The Associated Press
    November 29, 2025
    President Donald Trump listens as first lady Melania Trump speaks at a signing ceremony for the "Fostering the Future" executive order in the East Room of the White House on November 13, 2025 in Washington, DC.
    Economy

    National debt crisis will be averted by governments ‘mobilizing and encouraging’ private wealth to fill budget holes, says UBS

    By
    November 29, 2025
    Photo of Jim Farley
    Economy

    Ford workers told their CEO ‘none of the young people want to work here.’ So Jim Farley took a page out of the founder’s playbook

    By
    November 28, 2025
    Narendra Modi wearing a blue vest
    Economy

    India growth beats all estimates as factories defy Trump tariffs

    By Anup Roy, Shruti Srivastava and Bloomberg
    November 28, 2025
    Shoppers in a Target on Black Friday
    Retail

    Shoppers are underwhelmed by deals and crowds on Black Friday

    By Jaewon Kang and Bloomberg
    November 28, 2025
    Women shopping
    Retail

    Black Friday faces its ultimate test as desperate retailers and low consumer confidence collide in a high-stakes holiday standoff

    By Anne D'Innocenzio and The Associated Press
    November 28, 2025
    Dr. Z. John Zhang is the Tsai-Wan Tsai Professor and Professor of Marketing at The Wharton School
    Commentary

    The finger arithmetic of free vs. fair trade

    By
    November 28, 2025
    This ‘boring’ job that millennials and boomers abandoned is the hottest seasonal job on the market—and it’s Gen Z’s path to a six-figure career
    Success

    This ‘boring’ job that millennials and boomers abandoned is the hottest seasonal job on the market—and it’s Gen Z’s path to a six-figure career

    By
    November 28, 2025
    Warren Buffett in front of a sky blue background
    Investing

    Read Warren Buffett’s annual Thanksgiving letter for 2025—his final one to shareholders

    By
    November 27, 2025
    K-shaped economy and ‘collective holding of breath’ about the AI bubble both appear in Fed’s temperature check
    Economy

    K-shaped economy and ‘collective holding of breath’ about the AI bubble both appear in Fed’s temperature check

    By
    November 27, 2025

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