China hit its economic goals in 2024 despite a consumer spending problem
People at Tiananmen Square in Beijing, China. In a news release on Friday morning, China’s National Bureau of Statistics…
5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Scott Bessent testified before the Senate Finance Committee during his confirmation hearing for Treasury Secretary. Scott Bessent’s nomination hearing…
Biden’s final student-loan forgiveness action has arrived
President Joe Biden announced his final student-loan forgiveness action. Student-loan forgiveness under President Joe Biden has officially reached the…
A map shows how fire-ravaged California gives more in federal money than it gets back
Wildfires in Los Angeles have spurred a political debate over government aid. Los Angeles’ wildfires spurred a political debate…
Stock market today: Indexes close lower as tech stocks tumble
Apple stock ended down more than 3% on Thursday. US stocks dipped Thursday, led by a slide in tech…
Why the stock market’s pullback from record highs is more painful than it appears
The S&P 500’s decline since its record high on December 6 is nothing unusual. The index was down 3%…
Trump’s deportation threats could hurt LA’s rebuilding after wildfires
President-elect Trump’s plans for mass deportations could hinder Los Angeles’ rebuilding efforts. Housing policy and immigration researchers say President-elect…
Gen Z is the loneliest generation — but boomers are feeling good
As social life rebounds uneasily from pandemic-era shocks, Gen Z is still feeling lonely. A new survey from the…
A population time bomb threatens to make young people work longer hours, be more productive, and delay retirement, McKinsey finds
Elon Musk with his son, X Æ A-12. The Tesla CEO thinks people should have more children. As declining…
Why stocks and bonds are on a tear today
US stocks rallied sharp on Wednesday as traders took in encouraging inflation data and strong earnings from Wall Street…