Economy

    Trump’s own Big Beautiful Bill could add $5.5 trillion to the deficits and help sabotage his plan to ‘grow out’ of the national debt crisis

    Trump’s own Big Beautiful Bill could add $5.5 trillion to the deficits and help sabotage his plan to ‘grow out’ of the national debt crisis

    Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much harder to see it working.

    By
    January 26, 2026

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    Unless the Trump family secretly built a U.S. factory, industry experts say the $500 made-in-America smartphone is a fantasy
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    Unless the Trump family secretly built a U.S. factory, industry experts say the $500 made-in-America smartphone is a fantasy

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    Central banks expect to swap out more of their U.S. dollar reserves for gold as greenback’s safe-haven status weakens

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    Electric cars lose appeal with new drivers, Shell survey finds
    Tech

    Electric cars lose appeal with new drivers, Shell survey finds

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    A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance
    Finance

    A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance

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    Finance

    Air India crash seen triggering $475 million in insurance claims

    By Saikat Das, Mihir Mishra and Bloomberg
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    Middle East

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    Economists predict Germany will return to growth this year
    Economy

    Economists predict Germany will return to growth this year

    By Mark Schroers, Harumi Ichikura and Bloomberg
    June 16, 2025
    Wilbur Ross, former U.S. commerce secretary, listens as U.S. President Donald Trump
    Economy

    Exclusive: Trump’s fixation with 90-day pauses is less about foreign governments, and more about signing deals by mid-terms, says his former commerce secretary

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    Fed on hold leaves Wall Street asking what it will take to cut interest rates
    Economy

    Fed on hold leaves Wall Street asking what it will take to cut interest rates

    By Jonnelle Marte, Ye Xie and Bloomberg
    June 15, 2025
    Harvard graduates dressed in red and black robes sit during their commencement ceremony.
    Finance

    As Harvard’s and Yale’s private equity holdings go on sale, buyers can use this technique for 1,000% windfalls. ‘It makes your brain melt’

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    Energy markets are poised to be the next battlefield in the spiraling Israel-Iran conflict
    Economy

    Energy markets are poised to be the next battlefield in the spiraling Israel-Iran conflict

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    Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war
    Finance

    Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war

    By Stan Choe, David McHugh, Jiang Junzhe and The Associated Press
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    U.S. data quality has been declining for years. Now Trump’s cutbacks are leading economists to question its figures
    Politics

    U.S. data quality has been declining for years. Now Trump’s cutbacks are leading economists to question its figures

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    Israel’s attacks on Iran may keep Fed rate cuts on hold, just as inflation was looking better
    Economy

    Israel’s attacks on Iran may keep Fed rate cuts on hold, just as inflation was looking better

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    Finance

    Oil prices surge after Israel’s attack on Iran. Trump urges Iran to ‘make a deal before there is nothing left’

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    Exclusive: Trump’s tariff deal ‘quietly’ added 10% raise which nobody is complaining about anymore, says his former commerce secretary 

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    US President Donald Trump speaks about the upcoming wildfire and hurricane seasons in the Oval Office of the White House in Washington, DC, on June 10, 2025.
    Economy

    Trump says he won’t fire Powell, but again demands rate cut

    By Justin Sink and Bloomberg
    June 12, 2025
    Stocks scoot higher on low inflation numbers, but Boeing sinks after fatal Air India disaster
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    Stocks scoot higher on low inflation numbers, but Boeing sinks after fatal Air India disaster

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    JPMorgan Chase CEO, Jamie Dimon
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    Jamie Dimon says inflation will go up and employment will shift down as economy ‘deteriorates’ amid shifting ‘tectonic plates’

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    Economy

    Recurring jobless claims spike to highest level since 2021 at 1.96 million

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    A woman squeezes through a door with her chicken sandwich as she exits a Dave's Hot Chicken with a line going out the door.
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    Politics

    Tariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says

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    New grads are struggling to find jobs and they’re being locked out of the labor market because of 3 key factors 
    Economy

    New grads are struggling to find jobs and they’re being locked out of the labor market because of 3 key factors 

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    The first, next-generation fuel rods are installed at the Plant Vogtle nuclear complex in Georgia.
    Features

    Southern Co. quietly makes next-gen nuclear fuel history in Georgia

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    World Bank warns the global economy is barreling toward its weakest decade in 50 years
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    World Bank warns the global economy is barreling toward its weakest decade in 50 years

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