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2 mins read

Russia's economy is signaling a fate worse than recession

Russia's central bank said inflation is rising as the nation's economy slows. Those are key ingredi…

Filip De Mott   


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2 mins read

Buying a home is going to get affordable again — but you might have to wait until 2030

The cost of homeownership in the US will return to "normal levels" by the end of the decade, accord…

Jacob Zinkula,Andy Kiersz   


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3 mins read

There's a new reason people feel bad about the economy

The vibes are officially bad once again. Just ask anyone trying to find a job.

Juliana Kaplan   


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3 mins read

Inflation slightly cooled off in April as expected

The Consumer Price Index increased by 3.4% in April from a year ago, matching the forecast.

Madison Hoff   


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5 mins read

Get ready for a dockworker strike that could disrupt everything from medicine to holiday gifts

An October strike on shipping docks along the East and Gulf Coasts could cause delays in nearly eve…

Ayelet Sheffey,Juliana Kaplan   


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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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3 mins read

Trump's mass deportation plans could wreak havoc on the fight against inflation

Economists warn Trump's mass deportation plan could spike inflation and disrupt labor supply, affec…

Alice Tecotzky   


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3 mins read

A millennial couple who moved to South Korea says $400 a month for full-time childcare is a huge perk

The South Korean government has invested billions of dollars in an effort to entice more people to …

Jacob Zinkula   


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5 mins read

Inflation is scrambling Americans' perceptions of middle-class life

"I feel like I can make ends meet, but I can't really move this lifestyle," one person told Busines…

Jennifer Sor   


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2 mins read

PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI   


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2 mins read

Inflation will rebound first before ultimately falling as wages and global conflicts push prices higher, BlackRock's chief investment strategist warns

Inflation is on a rollercoaster descent that could see prices swing higher into 2025, Wei Li warned.

Jennifer Sor   


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1 min read

All the data is pointing to a soft landing in the US economy, top economist says

"The bottom line is that the US economy is not in a recession, and there are no signs of a recessio…

Matthew Fox   


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6 mins read

We've entered a world of zombie inflation. Wall Street is scared witless.

The sudden resurgence of inflation has caused some more alarmist analysts to suggest that the US ec…

Neil Dutta   


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3 mins read

Inflation came in hotter than expected in March

Newly released data from the consumer price index shows inflation accelerated in March. The year-ov…

Madison Hoff   


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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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2 mins read

Inflation unexpectedly creeps up

Inflation as measured by the consumer price index accelerated in February, with a year-over-year in…

Madison Hoff   


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3 mins read

The Fed is repeating the same mistake that caused a decade of slow growth and high inflation in the 70s, according to one financial historian

A 50-basis-point rate cut is actually a big mistake on the Fed's part that risks sending inflation …

Christine Ji   


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2 mins read

Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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2 mins read

Inflation-hit Germans are demanding a legal cap on the price of a doner kebab. They're not joking.

German Chancellor Olaf Scholz said he is asked by young people about the price of a donor kebab "ev…

Mikhaila Friel   


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7 mins read

Social Security won't save you

Baby boomers who struggled to save for retirement say that relying on Social Security doesn't cut i…

Juliana Kaplan,Noah Sheidlowe…