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Economy

Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’

The administration is taking steps to ease restrictions and spur research on using the drugs for medical purposes, including conditions like severe depression.

By Matthew Perrone, Seung Min Kim and The Associated PressApril 18, 2026
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
By Jason MaApril 18, 2026
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
By The Associated PressApril 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
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
Latest Stories
The jet-fuel surge is making global flight connections disappear
EnergyThe jet-fuel surge is making global flight connections disappear
By Danny Lee, Kate Duffy, Sri Taylor and BloombergApril 18, 2026
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
More EconomyPage 82 of 100
Photo: Goldilocks and the three bears.
Finance‘Goldilocks’ is ignoring the three bears, Wall Street analysts say
By Jim EdwardsJuly 22, 2025
  • Stock markets are rewarding Trump’s new tariff threats with the S&P hovering near its record high
    FinanceStock markets are rewarding Trump’s new tariff threats with the S&P hovering near its record high
    By Irina IvanovaJuly 14, 2025
AstraZeneca begins European exit—will invest $50 billion in the U.S. amid tariff threats
PoliticsAstraZeneca begins European exit—will invest $50 billion in the U.S. amid tariff threats
By AFPJuly 22, 2025
U.K. borrows billions more than expected as debt costs surge
PoliticsU.K. borrows billions more than expected as debt costs surge
By Tom Rees and BloombergJuly 22, 2025
Budget office confirms that Trump’s tax law will add $3.4 trillion to deficits
PoliticsBudget office confirms that Trump’s tax law will add $3.4 trillion to deficits
By Kevin Freking and The Associated PressJuly 22, 2025
A weak housing market could deliver rate cuts and rescue the Fed from Trump
EconomyA weak housing market could deliver rate cuts and rescue the Fed from Trump
By Jason MaJuly 21, 2025
Siemens CEO says Germany has big industrial data set for AI push
AISiemens CEO says Germany has big industrial data set for AI push
By Joshua Gallu, Oliver Crook and BloombergJuly 21, 2025
  • Gen Z can’t afford a house on their own—so they’re buying with friends and family
    EconomyGen Z can’t afford a house on their own—so they’re buying with friends and family
    By Sydney LakeJuly 14, 2025
Top economist sounds the alarm even louder on the housing market and says homebuilders are ‘giving up’
EconomyTop economist sounds the alarm even louder on the housing market and says homebuilders are ‘giving up’
By Jason MaJuly 20, 2025
There’s a ‘scary’ recession warning hidden in the too-good-to-be-true economic data, Wells Fargo says 
EconomyThere’s a ‘scary’ recession warning hidden in the too-good-to-be-true economic data, Wells Fargo says 
By Jason MaJuly 20, 2025
Businesses are finalizing their holiday orders amid tariffs. One toy store had to eliminate half the products it normally buys
EconomyBusinesses are finalizing their holiday orders amid tariffs. One toy store had to eliminate half the products it normally buys
By Anne D'Innocenzio, Mae Anderson and The Associated PressJuly 20, 2025
What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses
EconomyWhat if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses
By Jason MaJuly 19, 2025
American flag blowing in the wind as an airplane flies in the sky above.
Travel & LeisureBuried in Trump’s beautiful bill is a new $250 fee on travelers to the U.S. Estimates project it could cut the federal deficit by nearly $30 billion
By Nino PaoliJuly 19, 2025
  • Young person eating breakfast
    EconomyHow Gen Z killed cereal: ‘They are going about breakfast in a different way than Millennials, Gen X and Baby Boomers’
    By Dee-Ann Durbin and The Associated PressJuly 14, 2025
Federal Reserve governor Michelle Bowman and Federal Reserve chair Jerome Powell
EconomyFed officials grow more outspoken—and split—over interest rate cuts
By Paolo ConfinoJuly 18, 2025
6 in 10 Americans say Trump’s ‘Big, Beautiful Bill’ will help the rich and hurt the poor in new poll
Politics6 in 10 Americans say Trump’s ‘Big, Beautiful Bill’ will help the rich and hurt the poor in new poll
By Leah Askarinam, Linley Sanders and The Associated PressJuly 18, 2025
Brazil’s President Lula calls Trump’s 50% tariff threat over Bolsonaro’s trial ‘unacceptable blackmail’
PoliticsBrazil’s President Lula calls Trump’s 50% tariff threat over Bolsonaro’s trial ‘unacceptable blackmail’
By AFPJuly 18, 2025
Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’
EconomyFed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’
By Christopher Rugaber and The Associated PressJuly 18, 2025
Donald Trump, sitting at his desk, point in front of him.
EconomyTrump’s bid to add cane sugar to Coke would cost America thousands of agricultural jobs, trade group warns
By Sasha RogelbergJuly 17, 2025
The economy enters its budget shopping era, with consumers doubling down on value even as they ramp up spending
EconomyThe economy enters its budget shopping era, with consumers doubling down on value even as they ramp up spending
By Irina IvanovaJuly 17, 2025
Donald Trump
EconomyTrump’s tariffs are turning into a ‘mosaic’ that will be ‘idiosyncratic,’ Morgan Stanley says, projecting a $2.7 trillion haul over 10 years
By Nick Lichtenberg and Fortune IntelligenceJuly 17, 2025
Kinder Morgan chairman Richard Kinder sits and speaks during a Houston energy conference in 2015.
LeadershipKinder Morgan kicks off oil and gas earnings season with a bullish outlook, in part thanks to thirsty data centers
By Jordan BlumJuly 17, 2025
Long lines in a crowded grocery store
FinanceThe safety net companies put in place for themselves to stave off higher prices induced by tariffs is fraying
By Paolo ConfinoJuly 17, 2025
American firms in China report record-low new investment plans for 2025, and doubts about their profitability
FinanceAmerican firms in China report record-low new investment plans for 2025, and doubts about their profitability
By The Associated PressJuly 17, 2025
Germany rejects EU proposal for €2 trillion budget
PoliticsGermany rejects EU proposal for €2 trillion budget
By Michael Nienaber, Jorge Valero, Lyubov Pronina and BloombergJuly 17, 2025
Belgian farmer
PoliticsEU works on ‘most ambitious ever’ $2.3 trillion budget as Belgian farmers protest outside, throwing boots at parliament
By Lorne Cook and The Associated PressJuly 17, 2025
Germany and France vow to help Europe’s startups tap financing
PoliticsGermany and France vow to help Europe’s startups tap financing
By Zoe Schneeweiss and BloombergJuly 16, 2025
woman removing open house sign
EconomyHome sellers are so fed up with cutting listing prices they’re just yanking their homes off the market altogether
By Sydney LakeJuly 16, 2025
Trump gathers 11 GOP rebels in Oval Office to save ‘crypto week’ and GENIUS Act
EconomyTrump gathers 11 GOP rebels in Oval Office to save ‘crypto week’ and GENIUS Act
By Joey Cappelletti and The Associated PressJuly 16, 2025
Tim Cook throws up a peace sign
TechApple is pre-bunkering against China with its $500 million deal to buy American rare-earth magnets
By Dave Smith and Fortune IntelligenceJuly 15, 2025
Volvo takes a $1.2 billion hit due to U.S. tariffs and production delays
PoliticsVolvo takes a $1.2 billion hit due to U.S. tariffs and production delays
By AFPJuly 15, 2025
Ignore ‘Sell America’ call, says J.P. Morgan investment strategy boss—neither tariffs nor national debt are enough to clip the wings of U.S. dominance
EconomyIgnore ‘Sell America’ call, says J.P. Morgan investment strategy boss—neither tariffs nor national debt are enough to clip the wings of U.S. dominance
By Eleanor PringleJuly 15, 2025
Donald Trump bangs a gavel as a group of legislators around him applaud.
EconomyFor the first time in 50 years, the U.S. will likely experience negative net migration, shrinking the U.S. workforce—and economic growth by extension
By Sasha RogelbergJuly 15, 2025
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Most Popular
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
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
Real Estate
Older millennials are starting to act like boomers in the housing market—and pulling away from the packplaceholder alt text
By Nick LichtenbergApril 17, 2026
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