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2 mins read
The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.
Madison Hoff
2 mins read
Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates
July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…
Madison Hoff
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
2 mins read
Inflation cooled in July, adding to the case for rate cuts at the next Fed meeting
The consumer price index, an inflation measure, increased 2.9% in July from a year ago.
Madison Hoff
6 mins read
Americans who locked in a job, home, and stocks are thriving. Everyone else missed out on their ticket to wealth.
Americans who locked up jobs, homes, and stocks a few years ago have seen their wealth balloon. Eve…
Jacob Zinkula,Madison Hoff
4 mins read
A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).
Maureen lives on $1,601 monthly Social Security payments but doesn't want to use her 401(k) because…
Allie Kelly
7 mins read
Forget free cash, there's an even more American way to help people get ahead
Basic income programs continue to ripple across the US. But some experts say there's a policy that'…
Ayelet Sheffey
6 mins read
Our bend-don't-break economy is reaching its limit
After a year of resiliency in the face of high interest rates, the cracks are showing in the US eco…
Dan DeFrancesco
4 mins read
Retiring at 50 has long been a guarantee for parts of China's working class — until now
Women in China's working class get to retire at 50 and collect pension checks, but the country is r…
Matthew Loh
5 mins read
Welcome back to Wall Street earnings season
Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…
Jordan Parker Erb
4 mins read
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
8 mins read
America's poverty line is letting millions slip through the cracks here's how we could fix it
Many Americans are struggling financially but don't qualify for aid because they technically make a…
Juliana Kaplan,Noah Sheidlower,Allie Kelly
3 mins read
South Africa's cash giveaway plan is not universal basic income, experts say
A South African program would pay too little money to too few people to qualify as universal basic …
Theron Mohamed
4 mins read
A former stay-at-home dad says he's struggling to find a job after his nearly 20-year break from the workforce: 'I'm underqualified for jobs that I used to do'
A former stay-at-home dad who hasn't worked in 20 years said he sees few paths to reentering the wo…
Jacob Zinkula
5 mins read
Why employers are reluctant to hire young men
America's young men have stopped working. One reason for the rise in joblessness: our broken unempl…
Emily Stewart
3 mins read
New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.
New Mexico gave households with mixed citizenship status $500 a month for a year. Participants saw …
Allie Kelly
4 mins read
Living on $25,000: ALICEs who live paycheck to paycheck explain how they scrape together enough food to get by
Many households living paycheck to paycheck have to rely on thinly-stretched grocery budgets, food …
Allie Kelly
9 mins read
Welcome to the red-hot blue-collar job boom
Walmart and UPS offer six-figure salaries and lucrative benefits. White-collar workers, meanwhile, …
Juliana Kaplan
3 mins read
A 64-year-old 'peak boomer' worries his savings and Social Security won't be enough to retire: 'My biggest fear is finding myself at 75 standing at the door at Walmart.'
David Kirsch, 64, is hoping to live comfortably in retirement — but he isn't sure his savings…
Allie Kelly
5 mins read
A Cleveland Uber driver who made $109,000 in 2023 but took home only $17,000 shares the 3 reasons he can't quit ride-hailing: 'I continue to run into a brick wall'
A Cleveland Uber driver shares why he wants to quit ride-hailing and why he's not sure he can find …