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Economy

gas
Trump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says

The bank sees the Iran-driven oil shock stripping 10,000 jobs a month from U.S. payrolls through year-end. Leisure, hospitality, and retail are hit worst.

By Nick LichtenbergMarch 26, 2026
Young woman looks at her computer looking stressed and holding a credit card
Gen Z’s credit scores are cratering — and Trump’s student loan crackdown is the biggest reason why
By Tristan BoveMarch 26, 2026
Wealthy New Yorker on phone
New York is home to 154 billionaires. Together they’re worth $975.7 billion—and some of them are even making $2 million an hour
By Emma BurleighMarch 26, 2026
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026.
How badly the war in Iran is impacting your finances depends on where you live
By Eleanor PringleMarch 26, 2026
Current price of Bitcoin for March 26, 2026
Current price of Bitcoin for March 26, 2026
By Joseph HostetlerMarch 26, 2026
Latest Stories
New Disney CEO Josh D'Amaro pictured
Arts & EntertainmentDisney CEO’s no good, very bad week: Josh D’Amaro is dealing with 3 major headaches in his first week
By Tristan BoveMarch 26, 2026
startup team smiles in front of camera
CryptoExclusive: Megapot raises $5 million to create a crypto-powered global lottery
By Carlos GarciaMarch 26, 2026
Water storage construction on the Meta data center site in Holly Ridge, Richland Parish, Louisiana.
AIInside Meta’s chaotic AI boomtown in rural Louisiana
By Sharon GoldmanMarch 26, 2026
iran war
Real EstateHow a war in the Middle East is hiking your mortgage rate in America
By Jake AngeloMarch 26, 2026
Harvey CEO Winston Weinberg
Success30-year-old CEO of $11 billion Harvey earned the backing of OpenAI and Sam Altman. He says you have to ‘re-earn’ your role every 6 months
By Preston ForeMarch 26, 2026
NewslettersHow the youngest female CEO in the Fortune 500 navigates political turmoil
By Emma HinchliffeMarch 26, 2026
MPWInfluencer Alix Earle turned her worst insecurity into her first brand. This is her plan to monetize her 14 million followers and make it last
By Emma HinchliffeMarch 26, 2026
SuccessDuolingo CEO’s taxi driver test decides who gets hired—before the interview even starts
By Sydney LakeMarch 26, 2026
More EconomyPage 37 of 100
Trump
EconomyThe $38 trillion national debt is to blame for over $1 trillion in annual interest payments from here on out, CRFB says
By Nick LichtenbergDecember 17, 2025
layoffs
CommentaryThe AI layoff wave is just beginning — and it’s by design
By Kevin OakesDecember 17, 2025
Trump
PoliticsA week after telling Americans their kids may get fewer dolls and pencils because of tariffs, Trump vows ‘THE BEST IS YET TO COME’
By Josh Boak and The Associated PressDecember 17, 2025
Jerome Powell, chairman of the US Federal Reserve
EconomyRed flags in U.S. data will justify ‘insurance’ interest rate cuts from the Fed next year, says UBS
By Eleanor PringleDecember 17, 2025
Gasoline delivery truck driver Robert Clark prepares to fill the underground gas tanks at a Shell station in Glendale California. Fuel prices in December 2025 are the lowest since the pandemic in early 2021.
EnergyPrices at the gas pump are the lowest since the pandemic and still falling—just in time for record-high holiday travel
By Jordan BlumDecember 17, 2025
Woman wearing a Santa hat talking with her friend by video call
EconomyThe labor market’s holiday present for America: the highest unemployment in 4 years. It might be ‘noisy’ but the jobs just aren’t there
By Eva Roytburg and Nick LichtenbergDecember 16, 2025
Shoppers in a grocery store
RetailAs Americans continue to feel the pain from tariffs and inflation, Lidl launches holiday meal deal for less than $4 per person
By Nino PaoliDecember 16, 2025
Trump, Musk
EconomyGovernment belatedly reveals loss of 105,000 jobs in October as full DOGE cutbacks come into view
By Paul Wiseman and The Associated PressDecember 16, 2025
Stephen Greene works a street corner hoping to land a job as a laborer or carpenter on June 3, 2011 in Pompano Beach, Florida.
EconomyUnemployment hits 4-year high as frozen jobs data shows recession risks getting ‘uncomfortably high,’ top economist Mark Zandi says
By Eva RoytburgDecember 16, 2025
President Trump
EconomyAmerica’s $38 trillion national debt ‘exacerbates generational imbalances’ with Gen Z and millennials paying the price, warns think tank
By Eleanor PringleDecember 16, 2025
tree
North America80% of American Christmas trees are fake. They’re also tariffed
By Dee-Ann Durbin and The Associated PressDecember 16, 2025
China, EU
EuropeChina slashes EU pork tariffs to 19.8% from 62.4%
By Elaine Kurtenbach and The Associated PressDecember 16, 2025
Little girl held in the arms of a man wearing a graduation cap and gown
Future of WorkThe job market is so bad, people in their 40s are resorting to going back to school instead of looking for work
By Sydney LakeDecember 16, 2025
Susan Monarez
PoliticsGavin Newsom hires former CDC officials to work as public health consultants for state of California
By Sophie Austin and The Associated PressDecember 15, 2025
Peter
LawNetflix CEOs seek to reassure staff about Warner Bros. deal
By Rose Henderson and BloombergDecember 15, 2025
Co-owners Dean Smith, left, and Joanne Farrugia pose for a photograph in JaZams, one of their toy stores Friday, June 27, 2025, in Princeton, N.J.
RetailSmall businesses say Trump tariffs are hurting this group of consumers this holiday season—here’s what is getting more expensive
By Mae Anderson and The Associated PressDecember 15, 2025
A woman takes a bag of groceries during a free food distribution for recipients of the Supplemental Nutrition Assistance Program (SNAP) organized by the Volusia County Sheriff's Office and The Jewish Federation at the Daytona International Speedway in Daytona Beach, Florida, on November 9, 2025.
PoliticsTrump vows to fight ‘fraud’ in SNAP benefits for 42 million Americans
By Geoff Mulvihill and The Associated PressDecember 15, 2025
Photo of Jerome Powell
Economy‘We are now firmly back in a good is bad/bad is good regime’: Weak job data may lead to more rate cuts and boost stocks, Morgan Stanley economist says
By Sasha RogelbergDecember 15, 2025
BankingKevin vs. Kevin: Warsh overtakes Hassett as favorite to be Fed chair nominee on prediction market
By Jason MaDecember 15, 2025
Kevin Warsh, former governor of the US Federal Reserve
EconomyTrump could announce a new Fed chair before Christmas: Here’s what you need to know about the leading candidates
By Eleanor PringleDecember 15, 2025
Photo of Elon Musk
SuccessBad luck, six-figure earners: Elon Musk warns that money will ‘disappear’ in the future as AI makes work (and salaries) irrelevant
By Orianna Rosa RoyleDecember 15, 2025
hassett
BankingFed chair favorite Kevin Hassett on potential independence from Trump: ‘His opinion matters if it’s good, if it’s based on data’
By Christopher Rugaber and The Associated PressDecember 15, 2025
Middle EastAttacker who killed US troops in Syria was a recent recruit to security forces and was suspected of Islamic State ties prior to shooting
By Abby Sewell and The Associated PressDecember 14, 2025
PoliticsTrump admits he can’t tell if the GOP will control the House after next year’s elections. ‘I don’t know when all of this money is going to kick in’
By Jason MaDecember 14, 2025
EconomyKevin Hassett says he’d be happy to talk to Trump every day as Fed chair, but the president’s opinion would have ‘no weight’ on the FOMC
By Jason MaDecember 14, 2025
Spanish Prime Minister Pedro Sánchez often praises the financial and social benefits that immigrants bring to the country.
EuropeIn a continent cracking down on immigration and berated by Trump’s warnings of ‘civilizational erasure,’ Spain embraces migrants
By Suman Naishadham and The Associated PressDecember 13, 2025
EconomyMore financially distressed farmers are expected to lose their property soon as loan repayments and incomes continue to falter
By Jason MaDecember 13, 2025
PoliticsWith just days to go before ACA subsidies expire, Congress is about to wrap up its work with no consensus solution in sight
By Kevin Freking, Lisa Mascaro and The Associated PressDecember 13, 2025
HealthA Wisconsin couple was paying $2 a month for an ACA health plan. But as subsidies expire, it’s soaring to $1,600, forcing them to downgrade
By Ali Swenson and The Associated PressDecember 13, 2025
Julian Braithwaite is the Director General of the International Alliance for Responsible Drinking
CommentaryGen Z is drinking 20% less than Millennials. Productivity is rising. Coincidence? Not quite
By Julian BraithwaiteDecember 13, 2025
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