U.S. economy

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Photo of Jerome Powell
Finance

There’s a ‘very low probability’ Trump or Harris will reappoint Jerome Powell as Fed chair, political strategist says

By
July 29, 2024
A businessman sits on a private jet.
Success

One out of every 15 Americans is a millionaire, UBS says

By
July 29, 2024
Federal Reserve chair Jay Powell will not be able to avoid a recession, predicts Deutsche Bank.
Finance

Wall Street is worrying about the ‘Sahm Rule,’ which predicts recessions—but its creator is not, yet

By
July 29, 2024
Chairman of Swiss National Bank (SNB BNS) Thomas Jordan gestures as he speaks during a press conference of the Swiss Central Bank on monetary policy assessment, in Zurich on March 21, 2024.
Finance

Switzerland’s secret to beating inflation while the U.S. still struggles? Central Bank chief says it’s being ‘boring’

By
July 29, 2024
Tesla CEO Elon Musk

Big Tech’s $1 trillion sell-off triggers worst day for stock markets since 2022

By
July 25, 2024
A woman working the cash register at a fast food restaurant
Success

75-year-low: Federal minimum wage nears rock bottom

By
July 24, 2024
An older couple walks a dog in a suburban neighborhood.
Lifestyle

Florida is supposed to be a boomer paradise, but it didn’t even crack the top five best states for retirement

By
July 23, 2024
Supreme Court Chief Justice John Roberts
Finance

The Supreme Court’s ‘Chevron’ ruling is an existential threat to the ‘American economic miracle’ and will make the U.S. more like Europe, Lazard chair says

By
July 20, 2024
Goldman Sachs top strategist: We’re on the precipice of a summer correction
Finance

Goldman Sachs top strategist: We’re on the precipice of a summer correction

By Natalia Kniazhevich and Bloomberg
July 18, 2024
Trump wearing a Make America Great Again hat
Politics

Former American Express CEO says business leaders are too scared to tell Trump what they really think of him: ‘They greatly fear there will be retribution’

By
July 17, 2024
Police officers standing in front of a crowd of pro-Trump supporters.
Politics

Long periods of political violence are ‘very bad’ for the markets, analyst warns

By
July 15, 2024
Treasury Secretary Janet Yellen holds a beer
Leadership

Janet Yellen is a fan of ‘Diners, Drive-ins and Dives,’ In-N-Out burgers, and visiting restaurants to go beyond economic data

By
July 13, 2024
A boy eating chips from a package.
Retail

Say goodbye to $6 Cheetos—snack companies finally lower prices

By
July 12, 2024
Joe Biden
Politics

President Biden steadfast on staying in the race. ‘I’m in this to complete the job I started.’

By The Associated Press, Seung Min Kim, Zeke Miller, Lisa Mascaro and Colleen Long
July 11, 2024
London symbols with BIG BEN and red Phone Booths in England, UK.
Finance

Wages in the U.K. are growing twice as fast as Europe and the U.S. thanks to one simple policy

By
July 10, 2024

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