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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
Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says
Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…
Jennifer Sor
A battle over the future of US retirement is playing out in Pennsylvania as the election looms
Pennsylvania is among the top states with the fastest-growing older population. It sets the stage f…
Ayelet Sheffey
Canada to reduce immigration targets by nearly 30% by 2027 as Trudeau acknowledges his policy failed
Prime Minister Justin Trudeau announced a reduction in Canada's new immigrant intake due to challen…
A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.
A major shortage of construction workers is bad news for homebuyers and infrastructure projects.
Eliza Relman,Madison Hoff
America's chipmaking push will continue no matter who gets elected
US efforts to increase the production of semiconductor chips will continue under either a Harris an…
Jacob Zinkula
Apple's Made-in-the-USA chips signal a turnaround for the US' big semiconductor bet
TSMC's US chip production for Apple is "a success story," said an analyst. And it's key to the Bide…
Jacob Zinkula,Alistair Barr
Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas
Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…
Ayelet Sheffey,Juliana Kaplan
There are 2 things that could go wrong for the US economy and spark a recession, Morgan Stanley says
The potential for more tariffs after the election is one threat to the economy, which otherwise loo…
Jennifer Sor
The more money you have, the more money it takes to feel happier, new research says
New research suggests that as you move up the income ladder, it takes exponentially more money to g…
Juliana Kaplan
The job market may be strong, but tell that to anyone looking for work or feeling stuck
The strong job growth in September doesn't mean everything is wonderful for those wishing to find a…
Madison Hoff,Juliana Kaplan
Russia is facing a 'time bomb' at the heart of its economy, economist says
"Putin's war not only imposes on today's Russians a worse life than they otherwise would have had. …
Jennifer Sor
A trifecta of global crises could snarl supply chains and increase prices
A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…
Eliza Relman
The dockworkers' strike is a test for Biden — and complicates an already dizzying 2024 presidential race
Biden has said he won't stop the dockworker's strike. But if the strike stretches on for weeks, it …
Juliana Kaplan,John L. Dorman
The US dockworkers strike is here, and it's impacting more than just packages
The US port strike could have far-reaching impacts on the economy. Here's what a prolonged standoff…
Alex Bitter
A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come
Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…
Jennifer Sor
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
Why are so many North American and European countries restricting immigrants?
Canada and Australia have implemented new immigration restrictions affecting low-wage workers and i…
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dock…
Erin Snodgrass
Why Japan is one of the only countries that isn't fed up with housing costs
Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potenti…