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Economy

ro khanna
Ro Khanna blames ‘clueless’ boomers for Gen Z booing AI: They handed over a ‘broken economy’

“Young people are anxious, that they’re economically frustrated, and they view AI with deep anxiety and suspicion, not as some kind of great thing.”

By Jake AngeloMay 21, 2026
Young worker looking tired in front of a screen
A Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible
By Tristan BoveMay 21, 2026
Jeff Bezos
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
brigham
The U.S. freight network is broken by design. One merger could start fixing it
By Brigham A. McCownMay 21, 2026
Current price of Bitcoin for May 21, 2026
Current price of Bitcoin for May 21, 2026
By Joseph HostetlerMay 21, 2026
Current price of oil as of May 21, 2026
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
Latest Stories
Elon Musk puts one hand to his chin and he looks up. He is in front of a blue "World Economic Forum" background.
Investing‘SpaceX is his new baby at the expense of Tesla’: Elon Musk’s IPO could be bad news for his EV maker, investors warns
By Sasha RogelbergMay 21, 2026
matthew prince
AICloudflare posted record revenue, then cut 20% of its workforce. CEO Matthew Prince says AI has made an entire category of workers obsolete
By Jake AngeloMay 21, 2026
Prakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will ‘bring the token cost down’
AIPrakash Arunkundrum, HP’s first-ever chief strategy and transformation officer, bets edge AI will ‘bring the token cost down’
By Angelica AngMay 21, 2026
What is red light therapy?: Our experts break down the new wellness trend
HealthWhat is red light therapy?: Our experts break down the new wellness trend
By Katie MooreMay 21, 2026
zohran
PoliticsMamdani’s campaign for cheap World Cup tickets delivers 1,000 for city of 8 million
By The Associated PressMay 21, 2026
duggan
Politics‘In 60 days there’s been a huge change in the attitudes of this country’: Former Detroit mayor says bipartisan approach in governor race is doomed
By Corey Williams and The Associated PressMay 21, 2026
malaysia
CybersecurityMalaysia slams ‘grossly offensive, false, menacing and insulting’ TikTok memes about its king
By The Associated PressMay 21, 2026
Meta laid off 10% of its workforce as Mark Zuckerberg warns that in the AI race ‘success isn’t a given’
AIMeta laid off 10% of its workforce as Mark Zuckerberg warns that in the AI race ‘success isn’t a given’
By Marco Quiroz-GutierrezMay 21, 2026
More EconomyPage 64 of 100
Robert F. Kennedy
PoliticsAfter lengthy delay, Trump administration releases $3.6 billion of funding for Low Income Home Energy Assistance Program
By Susan Haigh and The Associated PressNovember 29, 2025
  • Jerome Powell
    Economy‘Just enough to spend, not enough to splurge’: The low-hire labor market bites for Gen Z and lower-income Americans, JPMorgan finds
    By Nick LichtenbergNovember 25, 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 PressNovember 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.
EconomyNational debt crisis will be averted by governments ‘mobilizing and encouraging’ private wealth to fill budget holes, says UBS
By Eleanor PringleNovember 29, 2025
Photo of Jim Farley
EconomyFord 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 Sasha RogelbergNovember 28, 2025
Narendra Modi wearing a blue vest
EconomyIndia growth beats all estimates as factories defy Trump tariffs
By Anup Roy, Shruti Srivastava and BloombergNovember 28, 2025
Shoppers in a Target on Black Friday
RetailShoppers are underwhelmed by deals and crowds on Black Friday
By Jaewon Kang and BloombergNovember 28, 2025
  • Donald Trump
    EconomyDespite Trump’s best efforts to reshore manufacturing, blue-collar employment is plunging for the first time since the pandemic with 59,000 lost jobs
    By Sasha RogelbergNovember 25, 2025
Women shopping
RetailBlack 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 PressNovember 28, 2025
Dr. Z. John Zhang is the Tsai-Wan Tsai Professor and Professor of Marketing at The Wharton School
CommentaryThe finger arithmetic of free vs. fair trade
By Z. John ZhangNovember 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
SuccessThis ‘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 Orianna Rosa RoyleNovember 28, 2025
Warren Buffett in front of a sky blue background
InvestingRead Warren Buffett’s annual Thanksgiving letter for 2025—his final one to shareholders
By Dave SmithNovember 27, 2025
blind spot
CommentaryWhy Congress’ refusal to act on freight since 1993 is costing taxpayers over $40 billion a year
By Michael F. GormanNovember 27, 2025
  • Clay Patton, vice president of the Lexington-area Chamber of Commerce said Monday that Tyson’s announcement Friday felt like a “gut punch” to the community
    EconomyCity of 11,000 reels from ‘gut punch’ after Big Meat firm closes plant that employs nearly a third of the population
    By Josh Funk and The Associated PressNovember 25, 2025
K-shaped economy and ‘collective holding of breath’ about the AI bubble both appear in Fed’s temperature check
EconomyK-shaped economy and ‘collective holding of breath’ about the AI bubble both appear in Fed’s temperature check
By Eva RoytburgNovember 27, 2025
Photo of Jerome Powell
EconomyThe labor market feels so awful right now because companies are doing everything bar announcing mass layoffs, says the Fed
By Eleanor PringleNovember 27, 2025
Photo: U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, Oct. 29, 2025. The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points to 3.75 to 4 percent, marking its second rate cut this year.
Economy‘Weaker job growth and lower inflation’: It’s all lining up perfectly for a Fed cut in December
By Jim EdwardsNovember 27, 2025
Sam Altman smiles against a pink background
AIMIT report: AI can already replace nearly 12% of the U.S. workforce
By Dave SmithNovember 27, 2025
Despite some green shoots, the new CEO of Kohl’s faces a tough slog to win back its AWOL shoppers
RetailDespite some green shoots, the new CEO of Kohl’s faces a tough slog to win back its AWOL shoppers
By Phil WahbaNovember 27, 2025
jobless
Economy‘Low-hire, low-fire’ economy grinds on as lower-than-expected jobless claims suggests layoffs aren’t spiking
By Christopher Rugaber, Nick Lichtenberg and The Associated PressNovember 26, 2025
Trump sits in a chair in the Oval Office, speaking while gesturing with both hands.
CryptoNobel laureate Paul Krugman says Bitcoin’s meltdown is deeply connected to Trump’s waning power: ‘Think of it as the unraveling of the Trump trade’
By Sasha RogelbergNovember 26, 2025
layoffs
EconomyThese Fortune 500 companies are laying off thousands of workers and fueling economic anxiety
By Wyatte Grantham-Philips and The Associated PressNovember 26, 2025
Kevin Hassett, director of the National Economic Council, appears to be the frontrunner to serve as the next Fed chair.
EconomyLongtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports
By Nino PaoliNovember 26, 2025
tariffs
Economy‘It wasn’t worth the $10 tariff for a $27 purchase’: American shoppers find maybe they just won’t buy that small thing from Canada or England this year
By Mae Anderson and The Associated PressNovember 26, 2025
Canada, India
EconomyCanada cozies up to India for trade deal after years of strain as Trump continues pushing the world into new alliances
By Rob Gillies and The Associated PressNovember 26, 2025
United States Secretary of the Treasury Scott Bessent (L) and Chair of the Federal Reserve of the United States Jerome Powell (R).
EconomyScott Bessent wants the era of Fed-watching to end: They should ‘move back into the background’ and make fewer speeches, he says
By Eleanor PringleNovember 26, 2025
How AI can power Europe’s next industrial revolution
CommentaryHow AI can power Europe’s next industrial revolution
By Dave McCannNovember 26, 2025
Black Friday
EconomyU.S. consumers dial back in sign of anxiety heading Into holidays
By Molly Smith, Julia Fanzeres and BloombergNovember 25, 2025
Witkoff
PoliticsWitkoff advised Russia on how to pitch Ukraine plan to Trump
By BloombergNovember 25, 2025
RealPage, a rent pricing software, helps landlords charge the highest possible rent by accessing confidential data, critics argue.
Real EstateDeal emerges from antitrust lawsuit that alleged landlords used pricing software for ‘algorithmic collusion’ to drive up rent
By R.J. Rico and The Associated PressNovember 25, 2025
black unemployment
EconomyWhy is Black female unemployment soaring? Experts gather in Boston to discuss 7.5% unemployment rate
By Matt Brown and The Associated PressNovember 25, 2025
consumer confidence
EconomyGovernment shutdown sends consumer confidence plunging to April ‘liberation day’ levels
By Christopher Rugaber and The Associated PressNovember 25, 2025
Nouriel Roubini, chief executive officer of Roubini Macro Associates Inc., during a Bloomberg Television interview on the sidelines of the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 24, 2023.
Economy‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash
By Eva Roytburg and Nick LichtenbergNovember 25, 2025
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Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'placeholder alt text
By Preston ForeMay 20, 2026
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ placeholder alt text
By Preston ForeMay 19, 2026
Workplace Culture
Pay transparency is exposing a bigger problem: Most companies can't explain why they pay what they payplaceholder alt text
By Sydney LakeMay 20, 2026
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