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3 mins read

Red, blue, and green: US voters elected minimum wage increases

Americans in a few states voted for Trump and higher minimum wage, a policy typically touted by Dem…

Juliana Kaplan   


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2 mins read

A 'silver tsunami' of retirement-age baby boomers is creating a big opportunity for real-estate investors, research firm says

America's 65-plus population is on track to reach 80 million over the next 16 years, according to t…

Jennifer Sor   


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3 mins read

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …

John Towfighi   


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9 mins read

Leaving Los Angeles: Why the film industry is ditching Hollywood

The share of productions being shot in Los Angeles is on the decline. That's allowing entertainment…

Lucia Moses   


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3 mins read

Economists say Trump could give Americans the very thing they voted against

Trump's campaign promises of broad-based tariffs, mass deportations, and lower taxes are seen fueli…

Matthew Fox   


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3 mins read

Democrats wished the election was about jobs. Trump's win showed it was about prices.

President-elect Donald Trump gained support in some states that saw declines in real wage growth, h…

Ayelet Sheffey,Madison Hoff   


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3 mins read

Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says

Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…

Jennifer Sor   


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1 min read

Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.

Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…

Filip De Mott   


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2 mins read

US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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6 mins read

Arizona is the epicenter of the debate over how Trump's mass deportation plan would hit the economy

The mass deportations former president Donald Trump is proposing could reshape labor markets, strai…

Noah Sheidlower   


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6 mins read

Forget red and blue: America's real geographic divide is between bosses and their employees

Executives in New York, call centers in Orlando: American cities are facing a growing power imbalan…

Ned Resnikoff   


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5 mins read

The economy is a priority for Americans as they head to the polls. Here's what's really going on behind the numbers.

As people get ready to vote, here's what's been going on with job growth, federal debt, and other e…

Madison Hoff   


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1 min read

The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025

The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…

Theron Mohamed   


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4 mins read

Prices are improving. So why is everyone still so worked up about inflation?

A new study finds that inflation's deepest impact isn't financial — it's emotional.

Aki Ito   


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4 mins read

The number of young working men without college degrees has tanked in the last 30 years. It could be because their wages have barely budged.

A growing number of young men without a college degree in the US have stopped working, according to…

Ayelet Sheffey,Jacob Zinkula,…   


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5 mins read

China's $114 billion stimulus package immediately boosted its stock market. But can it last?

China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…

Dan DeFrancesco   


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5 mins read

Xi Jinping just fired his giant money cannon at the wrong target

Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fi…

Linette Lopez   


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9 mins read

We're losing the one thing that's keeping the peace between America and China

American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…

Linette Lopez   


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6 mins read

More Gen Zers are ditching college, and they want better guidance on how to succeed without it

A Gallup survey found that, even as a growing number of Gen Zers choose to skip college, their high…

Ayelet Sheffey   


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6 mins read

Meet the millionaires next door

Six millionaires explain the lifestyles and philosophies that helped them grow their net worths fro…

Noah Sheidlower