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5 mins read

US economy's fate hangs on jobs report as Fed decides how deep cuts will go

Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…

Dan DeFrancesco   


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8 mins read

Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.

Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…

Juliana Kaplan,Noah Sheidlower   


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3 mins read

The US economy added more jobs than expected last month as unemployment surprisingly rose

The economy added 206,000 jobs in June, above the forecast. The US unemployment rate is unexpectedl…

Madison Hoff   


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3 mins read

Bad news for coders: The US is past peak software developer

The strong demand for software developers has softened, so it could take more time to land this typ…

Madison Hoff   


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2 mins read

The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, think tank says

"Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of lev…

Aruni Soni   


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2 mins read

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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8 mins read

The stock market is entering a prolonged period of chaos — and that's a good thing

Wall Street is worried about a recession, which means investors are paying closer attention to what…

Linette Lopez   


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2 mins read

Russia's economy faces a demographic disaster and risks seeing its population reduced by half by the end of this century, think tank says

"Putin's government has not evinced visible concern that Russia's population might be cut in half b…

Jennifer Sor   


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2 mins read

The US Treasury will reportedly send officials to China to smooth out economic tensions between the superpowers

The two days of talks will cover a range of market and business practices that have caused friction…

Yuheng Zhan   


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1 min read

Lian Kit Wee   


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6 mins read

America just got a nasty wakeup call about the job market

Hang on to your job — America may be headed for a wave of layoffs.

Emily Stewart   


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9 mins read

Japan's historic economic comeback shows just how screwed China is right now

China is facing the same kind of economic collapse that hit Japan in the 1990s. But it might get ev…

Linette Lopez   


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6 mins read

Why so many men in the US have stopped working

Men aren't working at the same rate they did in decades past. We asked two economists to help us fi…

Jacob Zinkula,Andy Kiersz   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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1 min read

The US office sector will worsen through next year, and the recovery will be slower than after the 2008 crisis, Fitch Ratings says

Office loan delinquency will be higher than previously forecast in 2024 and 2025, Fitch Ratings wro…

Filip De Mott   


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3 mins read

China's economic turmoil won't stop its manufacturing dominance

The flight of foreign investment poses a risk to China's dominance, but trade rivals like Mexico an…

Phil Rosen   


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3 mins read

Young families are still fleeing major cities in huge numbers, a 'big surprise' for metros trying to escape the urban doom loop

Cities are continuing to lose families with young kids at alarming rates post-pandemic. Many of the…

Eliza Relman   


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7 mins read

America is on the brink of an unemployment fiasco

The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …

Neil Dutta   


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3 mins read

FM Nirmala Sitharaman tables Economic Survey 2023-24 in Lok Sabha

Union Finance Minister Nirmala Sitharaman on Tuesday tabled the Economic Survey 2023-2024 in the Lo…

ANI   


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2 mins read

Why the next US recession may be pushed back to 2025, according to JPMorgan

JPMorgan said strong factory data "contributes additional evidence on the global recovery in manufa…

Matthew Fox