economy news
Top Stories
Policy
Madison Hoff
Allie Kelly
Latest Stories
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
Welcome to the 'treat yourself' economy — where skincare and long hair rule
Better-than-expected retail sales and personal care spending in recent months suggest consumers are…
Erin Snodgrass
'Shark Tank' star Mark Cuban says Donald Trump's China tariffs would ruin Christmas next year
Mark Cuban said Donald Trump would be "the Grinch that stole Christmas" as a 60% tariff on Chinese …
Theron Mohamed
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
Millennials are hoarding cash. That could hurt them in the long run.
Millennials are holding onto a lot of cash instead of investing that money in the stock market. Tha…
Callie Cox
Americans are quitting their jobs at the lowest rate in years. It's making it harder to get raises and promotions.
A hiring slowdown is preventing workers from quitting their jobs for raises and promotions.
Jacob Zinkula,Andy Kiersz
An increasing number of Americans are living paycheck to paycheck, BofA says
Around a quarter of households are spending more than 95% of their income on necessary expenses, ac…
Jennifer Sor
Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport
Mastercard and Visa halted operations in Russia. Most Russian banks only take US dollars or euros t…
Huileng Tan
Russia's frozen assets are being used by the UK for a $3 billion loan to Ukraine
The loan to Ukraine is part of a larger $50 billion package that G7 nations have already pledged to…
R
8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months
The Education Department extended the student-loan payment pause by at least 6 more months for borr…
Ayelet Sheffey
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
Medicare coverage will change in 2025. Some boomers are already struggling to keep up with their medical bills.
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescri…
Allie Kelly,Juliana Kaplan
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
Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions
Russia is hosting a BRICS summit for the first time, with 4 new members. But efforts to rival the W…
Thibault Spirlet,Huileng Tan
2 of the world's biggest oil producers are looking for new ways to power their economies
The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.
Huileng Tan
Elon Musk says people should worry less about the cost of having children, and 'start immediately'
Elon Musk has 11 known children, and has long publicly expressed concerns about global populations …
Theron Mohamed
Chief, the networking group for executive women, has laid off staff
Chief laid off staff last week. The company, valued at $1.1 billion in 2022, also laid off employee…
Katie Balevic
We heard from 1,000 older Americans: Here are some of their biggest regrets
Over 1,000 older Americans shared their biggest regrets, including not saving enough for retirement…
Noah Sheidlower
America is entering a new 'economic supercycle'
The US economy is entering a bold new era that economists say will feature more inflation, more gro…
Linette Lopez
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
One chip company's newest tactic to attract workers: Help pay off their student loans
GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…
Jacob Zinkula
America is trapped in a nightmare of never-ending subscriptions
Companies are using shadowy sign-up tactics and difficult cancelation processes to keep Americans t…
Ayelet Sheffey
Here's how much remote workers say it would cost to get them back into the office
A new survey suggests that workers might want big raises to come back to the office.
Juliana Kaplan
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China's GDP grew 4.6% in the third quarter — its slowest pace of growth in six quarters.