Why economists and strategists still say a recession is postponed, despite a startling inflation report
Inflation still looms large over consumers, though that suggest spending is holding up. The US economy is humming along,…
How Saudi Arabia could create a crisis for Russia’s economy
Russia’s wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices….
40 elite colleges are being sued over accusations they colluded to increase tuition by $6,200 — primarily by overcharging divorced parents
Cornell University is among the schools accused of colluding to raise tuition. Forty elite colleges are facing legal action…
Spain is betting on immigrants to boost its economy
Spanish Prime Minister Pedro Sánchez. Spain is looking to immigrants to help boost its economy and fill gaps in…
Flooded roads, worried passengers, and no income: Florida Uber and Lyft drivers share their experiences on the road before and after Hurricane Milton
A car drives a neighborhood in Central Florida impacted by Hurricane Milton. Sergey, a Lyft driver in St. Petersburg,…
China to increase debt issuance in bid to revive economy
China’s minister of finance, Lan Fo’an. China has announced plans to ramp up government debt issuance in a bid…
Hurricane Milton might cost insurers up to $50 billion — but it could have been much worse, analysts said
Hurricane Milton might cost insurers up to $50 billion in insured losses, but analysts were expecting more. Hurricane Milton…
The case for a US economic ‘no-landing’ is stronger than ever
The US economy seems to be heading for a situation that could make it difficult for Americans to get…
Hurricane season is set to scramble Americans’ view of the economy before the election
Economic data will likely be disrupted following Hurricanes Milton and Helene. Hurricanes continue to devastate communities across the Southern…
The job market may be strong, but tell that to anyone looking for work or feeling stuck
Economist Cory Stahle said the strong jobs report published last Friday doesn’t mean “every worker is necessarily doing perfect.”…