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Markets shudder as Strait of Hormuz starts resembling a combat zone. ‘We’re prepared to subject you to disabling fire’

Markets shudder as Strait of Hormuz starts resembling a combat zone. ‘We’re prepared to subject you to disabling fire’

Tensions in the Gulf escalated Sunday, when the Navy seized a ship for the first time as part of its blockade, with a destroyer firing at a vessel attempting to evade the dragnet.

By Jason MaApril 19, 2026

UAE in talks with U.S. for possible financial lifeline, WSJ says

UAE in talks with U.S. for possible financial lifeline, WSJ says

By Maria Paula Mijares Torres and BloombergApril 19, 2026

Canada’s PM says strong U.S. economic ties were a strength but are now a weakness that must be fixed. ‘We have to take care of ourselves’

Canada’s PM says strong U.S. economic ties were a strength but are now a weakness that must be fixed. ‘We have to take care of ourselves’

By Jim Morris and The Associated PressApril 19, 2026

Trump sends JD Vance to Pakistan again for more talks with Iran but repeats threats against its infrastructure as Hormuz stays closed

Trump sends JD Vance to Pakistan again for more talks with Iran but repeats threats against its infrastructure as Hormuz stays closed

By Michelle L. Price, Samy Magdy, Sam Metz and The Associated PressApril 19, 2026

The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, and time is running out for an orderly fiscal solution, IMF warns

The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, and time is running out for an orderly fiscal solution, IMF warns

By Jason MaApril 19, 2026

Photo of Robert Solow

Thousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

By Sasha RogelbergApril 19, 2026

Latest Stories

8 children between the ages of 1 and 14 are dead after a Louisiana shooting that was ‘unlike anything most of us have ever seen,’ police say

Politics 8 children between the ages of 1 and 14 are dead after a Louisiana shooting that was ‘unlike anything most of us have ever seen,’ police say

By Gerald Herbert, John Seewer and The Associated PressApril 19, 2026

Trump says Marines have seized an Iranian-flagged cargo ship that tried to evade blockade after Navy blew a ‘hole in the engineroom’

Politics Trump says Marines have seized an Iranian-flagged cargo ship that tried to evade blockade after Navy blew a ‘hole in the engineroom’

By Michelle L. Price, Samy Magdy, Sam Metz and The Associated PressApril 19, 2026

Federal government launches broad probe into mysterious disappearances and deaths of top scientists. ‘We haven’t found anything alarming yet’

Politics Federal government launches broad probe into mysterious disappearances and deaths of top scientists. ‘We haven’t found anything alarming yet’

By Jason MaApril 19, 2026

Blue Origin launches New Glenn, suffers issue deploying craft

Innovation Blue Origin launches New Glenn, suffers issue deploying craft

By Sana Pashankar, Edward Ludlow and BloombergApril 19, 2026

The FBI is easing hiring requirements and turning to social media to attract applicants to rebuild workforce depleted by firings and resignations

Law The FBI is easing hiring requirements and turning to social media to attract applicants to rebuild workforce depleted by firings and resignations

By Eric Tucker, Alanna Durkin Richer and The Associated PressApril 19, 2026

elon musk

Future of Work Elon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead

By Jake AngeloApril 19, 2026

About 1,000 animal welfare activists tried to storm a beagle research facility protected by a manure-filled trench, hay bales and a barbed-wire fence

Law About 1,000 animal welfare activists tried to storm a beagle research facility protected by a manure-filled trench, hay bales and a barbed-wire fence

By The Associated PressApril 19, 2026

Trump can continue building his $400 million White House ballroom, appeals court says after judge tried to block above-ground construction

Law Trump can continue building his $400 million White House ballroom, appeals court says after judge tried to block above-ground construction

By Darlene Superville and The Associated PressApril 19, 2026

More EconomyPage 76 of 100

China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics

Economy China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics

By Nicholas GordonAugust 22, 2025

Economy How Chili’s and Cheesecake Factory are defying consumer gloom and beating McDonald’s and Chipotle at their own game
By Marco Quiroz-GutierrezAugust 19, 2025

Friedrich Merz

Economy The German economy actually shrank more than thought in the second quarter

By The Associated PressAugust 22, 2025

Paying bills on desk

Future of Work The white-collar job market is frozen—now bartenders and baristas are seeing bigger wage growth than desk workers

By Jessica CoacciAugust 21, 2025

From left, Senate Minority Leader Charles Schumer, D-N.Y., Sens. Chris Murphy, D-Conn., Bernie Sanders, I-Vt., Gary Peters, D-Mich., and Patty Murray, D-Wash., conduct a news conference to oppose President Donald Trump's executive order to abolish the Department Of Education

Economy Bernie Sanders and Donald Trump form an unlikely alliance over billions in chipmaker subsidies

By Eva RoytburgAugust 21, 2025

The next recession will likely be ‘triggered by a political act,’ says former Deutsche Bank chair and Allianz CFO

Economy The next recession will likely be ‘triggered by a political act,’ says former Deutsche Bank chair and Allianz CFO

By Jesse Klein and CFO BrewAugust 21, 2025

A trader works on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 18, 2025.

Investing Walmart weighs down S&P 500 after earnings fall short of analysts’ expectations

By Stan Choe and The Associated PressAugust 21, 2025

Success Workers are ‘job hugging’ in a stagnant labor market, but growing resentment means they could bail as soon as the next Great Resignation comes
By Sasha RogelbergAugust 18, 2025

Donald Trump

Economy ‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit

By Nick LichtenbergAugust 21, 2025

How Walmart’s CEO navigated tariffs to post a solid quarter: ‘We’re keeping our prices as low as we can for as long as we can’

Economy How Walmart’s CEO navigated tariffs to post a solid quarter: ‘We’re keeping our prices as low as we can for as long as we can’

By Phil WahbaAugust 21, 2025

How crypto’s top lobbyist persuaded lawmakers—and President Trump—to embrace the blockchain industry

Economy How crypto’s top lobbyist persuaded lawmakers—and President Trump—to embrace the blockchain industry

By Leo SchwartzAugust 21, 2025

Guy walks by a sign that says "now hiring."

Economy U.S. unemployment claims surge to nearly 2 million, the most in almost 4 years

By Matt Ott and The Associated PressAugust 21, 2025

worker

C-Suite CEOs at America’s 100 largest low-wage employers are paid 632 times as much as the average worker, study finds

By Nick LichtenbergAugust 21, 2025

Economy Massive AI spending has a ‘crowding out’ effect that could slow other sectors, top economist says
By Jason MaAugust 18, 2025

Wall Street is scared that we’re looking at the end of the Fed’s independence

Economy Wall Street is scared that we’re looking at the end of the Fed’s independence

By Jim EdwardsAugust 21, 2025

A woman sits at a red table outside and looks at a man sitting across from her.

Economy Beyond snubbing Tinder, Bumble, and casual flings, more than half of Gen Z is spending $0 monthly on dating, BofA finds

By Sasha RogelbergAugust 21, 2025

Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players

Economy Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players

By Lionel LimAugust 20, 2025

Jerome Powell

Economy Fed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged

By The Associated Press and Christopher RugaberAugust 20, 2025

A Playstation 5 console and controller

Economy Sony will pass on tariff costs to U.S. consumers by hiking PlayStation 5 prices

By Dave SmithAugust 20, 2025

Washington DC

Economy Washington DC leads America in unemployment rate for 3rd straight month

By Fatima Hussein and The Associated PressAugust 20, 2025

Cape Cod is considering taxing luxury home sales of $2+ million to raise funds for the housing market’s ‘missing middle’

Real Estate Cape Cod is considering taxing luxury home sales of $2+ million to raise funds for the housing market’s ‘missing middle’

By Sydney LakeAugust 20, 2025

Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

C-Suite Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

By Phil WahbaAugust 20, 2025

The exact salary the ultra-wealthy say they’d need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000

Success The exact salary the ultra-wealthy say they’d need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000

By Emma BurleighAugust 20, 2025

Photo of Donald Trump

Banking Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

By Eleanor PringleAugust 20, 2025

A pile of gold coins and bars.

Personal Finance Current price of gold as of August 20, 2025

By Danny BakstAugust 20, 2025

Photo of Scott Bessent

Economy Goldman Sachs says we’re on the verge of a stablecoin gold rush worth trillions

By Jim EdwardsAugust 20, 2025

Pop Mart shares soar 11% as CEO announces new mini Labubu

Economy Pop Mart shares soar 11% as CEO announces new mini Labubu

By BloombergAugust 20, 2025

Broker

Investing The last time the Fed cut rates against rising inflation was right before the Great Financial Crisis. BofA warns of the ‘Ghosts of 2007’

By Nick LichtenbergAugust 19, 2025

Target hasn’t gotten its mojo back after boycotts and backlash over retracted DEI efforts. Foot traffic and revenue are still down

Global Target hasn’t gotten its mojo back after boycotts and backlash over retracted DEI efforts. Foot traffic and revenue are still down

By Andrew Adam Newman and Retail BrewAugust 19, 2025

Home Depot says customers are putting off larger home-improvement projects as stubborn interest rates and worries about the economy fester

Economy Home Depot says customers are putting off larger home-improvement projects as stubborn interest rates and worries about the economy fester

By Marco Quiroz-GutierrezAugust 19, 2025

Stock trader

Banking Home Depot leads Dow higher as Wall Street holds steady in summer lull

By Stan Choe and The Associated PressAugust 19, 2025

Photo of Sam Altman

Economy Sam Altman might be right: He’s not the only one who thinks the stock market is in ‘bubble’ territory

By Jim EdwardsAugust 19, 2025

The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Aug. 19, 2025

Personal Finance The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts on Aug. 19, 2025

By Glen Luke FlanaganAugust 19, 2025

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'We should absolutely be concerned about non-college-educated men today': higher rents, living at home, falling out of the labor market

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By Catherina GioinoApril 18, 2026

The record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched

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By Seth Borenstein and The Associated PressApril 18, 2026

Thousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

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By Sasha RogelbergApril 19, 2026

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