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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
China just announced an $1.4 trillion plan to rescue its local governments
Friday's announcement is the latest in a string of stimulus measures China has taken to turn around…
Huileng Tan
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave…
Ayelet Sheffey
The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says
Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…
Jennifer Sor
The Federal Reserve gives Americans another interest rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…
Ayelet Sheffey
Trump is about to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more com…
Jennifer Sor
Millennials are raising pets instead of kids. It's not going well for the pets.
Birth rates are declining, and millennials own more pets than any other age group. But experts say …
Aimee Pearcy
Get ready for inflation and interest rates to rise again
One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…
Ayelet Sheffey
4 major wins for YIMBYs on election night — and one loss
Pro-housing advocates won some major new funding for affordable housing in cities and states across…
Eliza Relman
Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says
Europe could face a 0.5% hit to GDP in a second Trump presidency amid increased trade policy uncert…
Kelly Cloonan
Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.
Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…
Allie Kelly
The world prepares for a fresh era of tariffs under Trump 2.0
Trump's protectionist policies sparked a trade war with China during his first term. During his sec…
Polly Thompson
Workers in Missouri can look forward to raises after minimum-wage boosts passed
Five states voted on some kind of minimum-wage changes. Missouri passed an increase, while Massachu…
Juliana Kaplan,Matthew Loh
Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says
Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…
Kelly Cloonan
Workers in 4 states are up for a raise. This map shows the minimum wage in every state.
Most states' minimum wages are above the federal level of $7.25. Some are voting to hike pay even m…
Juliana Kaplan,Madison Hoff
Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.
Counties in California, Texas, and Minnesota will vote on tax hikes for childcare. We want to hear …
Allie Kelly
School choice is gaining momentum, and it's on the ballot in 3 states. We want to hear what you think.
Colorado, Kentucky, and Nebraska have school choice on the ballot. A vote for the initiatives would…
Ayelet Sheffey
A booming Montana city's struggle with homelessness is a warning — and a model — for the West
A surge in housing costs has made Missoula, Montana, increasingly unaffordable. But the city is cha…
Eliza Relman
Billionaire Ray Dalio says people should budget for the basics — and the US faces 3 huge threats
Elite investor Ray Dalio said people should budget for the basics and flagged government debt, infi…
Theron Mohamed
China is boosting market sentiment by playing up hopes for stimulus
Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space f…
Huileng Tan
Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says
"We see this weakening labor market dynamic across a number of different data points: low hiring ra…
Filip De Mott
Australia announced a sweeping plan to forgive 20% of student debt
The move, which could take effect in June if the current Labor government stays in power, would era…