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1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
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Economy

U.S. Treasury Secretary Scott Bessent
AI’s $2.2 trillion deficit fix is already half fake, economists say

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects, which could erase more than half the savings before Washington even cashes the check.

By Tristan BoveJuly 2, 2026
s
The sports economy is unaffordable at the bar, let alone the stadium
By Catherina GioinoJuly 2, 2026
eggs
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
A man shaves wood pieces from a block.
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
By Sasha RogelbergJuly 2, 2026
Vladimir Putin
Russia’s economy is ‘sputtering,’ and Putin’s wartime spending model has pushed the country to an ‘economic, political, and military abyss’
By Tristan BoveJuly 2, 2026
t
‘It’s a very strong deal. Nobody knows what it is’: Trump completes transformation from Master of the Deal to Great Equivocator
By Will Weissert and The Associated PressJuly 2, 2026
Latest Stories
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
Investing
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
By Marco Quiroz-GutierrezJuly 2, 2026
Opti-Greens 50 Review (2026): Insights from Hands-On Testing
Health
Opti-Greens 50 Review (2026): Insights from Hands-On Testing
By Christina SnyderJuly 2, 2026
m
Politics
Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit
By Ali Swenson, Geoff Mulvihill and The Associated PressJuly 2, 2026
Anthropic CEO Dario Amodei
AI
Anthropic’s Fable model is back. But U.S. AI policy is still a mess
By Jeremy KahnJuly 2, 2026
sb
North America
Scott Bessent goes after the top Mexican cartel’s new billion-dollar business: gas stations
By Fatima Hussein and The Associated PressJuly 2, 2026
t
Politics
Trump trots out the C-word — communism — not getting the memo that capitalism has been largely discredited with Gen Z
By Steven Sloan and The Associated PressJuly 2, 2026
g
Environment
California bans ‘sell by’ labels to curb food waste and emissions
By Olga R. Rodriguez and The Associated PressJuly 2, 2026
t
Arts & Entertainment
No holiday for New York City cops, who get a heat wave, World Cup and a Taylor Swift wedding at MSG
By Anthony Izaguirre and The Associated PressJuly 2, 2026
More EconomyPage 84 of 100
Photo of MacKenzie Scott
Success
MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history
By Sydney LakeNovember 3, 2025
  • A young woman lies sideways, looking at her laptop and frowning.
    Economy
    America’s flatlining income growth is hitting Gen Z the hardest, throttling their shot at homeownership, JPMorgan report warns
    By Sasha RogelbergOctober 29, 2025
WASHINGTON, DC - APRIL 07: U.S. President Donald Trump takes a question from a member of the media during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House on April 7, 2025 in Washington, DC. President Trump is meeting with Netanyahu to discuss ongoing efforts to release Israeli hostages from Gaza and newly imposed U.S. tariffs.
Politics
Trump turned tariffs into his foreign-policy weapon. This week, the Supreme Court will decide if he went too far
By Michelle S. Price and The Associated PressNovember 3, 2025
David Solomon, chief executive officer of Goldman Sachs Group
Economy
Goldman Sachs CEO says AI-induced growth offers a ‘path out’ of America’s $38 trillion debt crisis
By Eleanor PringleNovember 3, 2025
US President Donald Trump
Economy
For now, data ignorance is bliss on Wall Street as investors are warned not to rely too heavily on private surveys
By Eleanor PringleNovember 3, 2025
It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street
Economy
It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street
By Jason MaNovember 2, 2025
It’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families
Energy
It’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families
By Susan Haigh, Marc Levy and The Associated PressNovember 2, 2025
  • Jerome Powell, chairman of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Friday, Oct. 24, 2025.
    Economy
    Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
    By Eva RoytburgOctober 29, 2025
Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers
Economy
Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers
By Jason MaNovember 2, 2025
Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
Innovation
Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars
By Jordyn Grzelewski and Tech BrewNovember 2, 2025
In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies
Banking
In private credit, banks are ‘quietly preparing for some distress on the horizon’ by requiring ever stricter legal terms for debt-ridden companies
By Jim EdwardsNovember 2, 2025
The housing market, workers, and the economy are all stuck
Real Estate
The housing market, workers, and the economy are all stuck
By Alex Veiga and The Associated PressNovember 1, 2025
Long lines form at food pantries after SNAP payments were suddenly cut off due to the government shutdown
Economy
Long lines form at food pantries after SNAP payments were suddenly cut off due to the government shutdown
By Susan Haigh, Dylan Lovan and The Associated PressNovember 1, 2025
  • U.S. President Donald Trump
    Economy
    Governments are likely to pillage the $80 trillion ‘Great Wealth Transfer’ to fund their national debt, says UBS
    By Eleanor PringleOctober 29, 2025
China to suspend some rare earth curbs, probes on U.S. chip firms
Economy
China to suspend some rare earth curbs, probes on U.S. chip firms
By Hadriana Lowenkron and BloombergNovember 1, 2025
Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point
Politics
Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point
By Stephen Groves, Ali Swenson and The Associated PressNovember 1, 2025
FAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on
Politics
FAA says nearly half of major air traffic control facilities are now experiencing staffing shortages as shutdown drags on
By Rio Yamat and The Associated PressNovember 1, 2025
JD Vance and Sean Duffy stand on either side of Scott Kirby as he speaks into a cluster of microphones.
Economy
United and American Airlines beg Congress to end shutdown ahead of busy holiday season as air traffic controllers work overtime without pay
By Sasha RogelbergNovember 1, 2025
Japan's Prime Minister Sanae Takaichi (L) shakes hands with Chinese President Xi Jinping ahead of the Japan-China summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Gyeongju on October 31, 2025.
Asia
Trump may have skipped APEC—but Xi’s using it to sell China as globalization’s last defender
By Hyung-Jin Kim, Kim Tong-Hyung, Huizhong Wu and The Associated PressOctober 31, 2025
Children’s clothing outlet Carter’s is ‘right-sizing’ by shuttering 150 locations because of high-cost tariffs and product investments
North America
Children’s clothing outlet Carter’s is ‘right-sizing’ by shuttering 150 locations because of high-cost tariffs and product investments
By Alex Vuocolo and Retail BrewOctober 31, 2025
The bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025
Investing
The bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025
By Jim EdwardsOctober 31, 2025
Senate Majority Leader John Thune has adjourned the Senate until Monday, at which point negotiations to resolve the government shutdown will resume.
Economy
The government shutdown won’t be completely recouped—and it could cost the economy up to $14 billion, estimates say
By Nino PaoliOctober 31, 2025
Sam Altman with a colorful window behind him
Economy
Since ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy
By Dave SmithOctober 31, 2025
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
AI
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
By Marco Quiroz-GutierrezOctober 30, 2025
Trump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
Asia
Trump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
By The Associated Press and Elaine KurtenbachOctober 30, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
Economy
Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
By Eva RoytburgOctober 30, 2025
A line of Chipotle workers behind the counter assemble burrito bowls.
North America
Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out
By Sasha RogelbergOctober 30, 2025
A sign in a Kwik Trip store shows the store will no longer be using pennies to give change, on Oct. 23, 2025, in Yorkville, Wis
Economy
America’s officially running out of pennies — and it’s costing retailers millions
By Ken Sweet and The Associated PressOctober 30, 2025
Bank of America CEO Brian Moynihan
Economy
Brian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’
By Eleanor PringleOctober 30, 2025
Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway 
Investing
Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway 
By Jim EdwardsOctober 30, 2025
President Donald Trump and Xi Jinping shake hands in 2019 before a bilateral meeting on the sidelines of the G20 Summit in Osaka, Japan.
North America
Trump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest
By Nino PaoliOctober 30, 2025
Why ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors
Asia
Why ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors
By Angelica AngOctober 30, 2025
US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on October 29, 2025. The US Federal Reserve on Wednesday announced its second consecutive quarter-point rate cut to bolster the flagging labor market, unveiling a decision that highlighted the growing division in its ranks. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
Banking
Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
By Eva RoytburgOctober 29, 2025
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Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Personal Finance
Current price of oil as of July 1, 2026placeholder alt text
By Joseph HostetlerJuly 1, 2026
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