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U.S. economy

Page 23 of 57
Federal Reserve chair Jerome Powell
Finance
Fed Chair Jerome Powell faces a precarious balancing act amid criticism from Republicans and Democrats who claim he ‘gave in to bullying’
By Paolo ConfinoAugust 1, 2024
Gen Z and millennial homeownership rate plummets to 4-year low
Finance
Gen Z and millennial homeownership rate plummets to 4-year low
By Alena BotrosJuly 31, 2024
Federal Reserve chair Jerome Powell
Finance
Fed keeps rates flat despite economists’ warnings it’s making a mistake
By Paolo ConfinoJuly 31, 2024
A man with gray hair sits in a McDonalds and looks at the camera.
Retail
Columbia professor says McDonald’s can blame its sales woes on an election-stoked vibecession
By Sasha RogelbergJuly 31, 2024
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 Paolo ConfinoJuly 29, 2024
A businessman sits on a private jet.
Success
One out of every 15 Americans is a millionaire, UBS says
By Seamus WebsterJuly 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 Christiaan HetznerJuly 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 Ryan HoggJuly 29, 2024
Tesla CEO Elon Musk
AI
Big Tech’s $1 trillion sell-off triggers worst day for stock markets since 2022
By Christiaan HetznerJuly 25, 2024
A woman working the cash register at a fast food restaurant
Success
75-year-low: Federal minimum wage nears rock bottom
By Paolo ConfinoJuly 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 Seamus WebsterJuly 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 Jason MaJuly 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 BloombergJuly 17, 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 Paolo ConfinoJuly 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 Paolo ConfinoJuly 15, 2024
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Success
Steve and Connie Ballmer are splitting their $8 billion philanthropy into three so the people closest to the work can decide how the money is spentplaceholder alt text
By Sydney LakeAugust 11, 2026
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lenderplaceholder alt text
By Eleanor PringleAugust 11, 2026
North America
Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergAugust 11, 2026
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