Economy
1,086 articles · Page 1 of 46
Dimon's SpaceX Pitch to Ultra-Rich Clients Unveiled
Jamie Dimon pitches SpaceX IPO to JPMorgan's wealthiest clients, highlighting elite ties and influence on investment opportunities.
Ray Dalio's Warning: Being Right About AI Won't Save You From Losing Money
Veteran investor Ray Dalio warns that understanding the potential of artificial intelligence isn't enough to prevent financial losses. The real danger lies in inflated asset values leading to forced sales.
Samsung's Move to Texas Shocks New Jersey, Costing Jobs
Samsung is leaving New Jersey for Texas, taking 1,000 jobs with it. What does this mean for the future of manufacturing in America?
Will America Keep on Trucking? The New Economics of Oil Shocks
Rising trucking costs threaten to raise everyday prices, challenging the incumbent party in upcoming midterms. What does this mean for your pocketbook?
Poll Shows Americans Struggling as Cost of Living Skyrockets
A new Politico poll reveals that many feel the war with Iran has made daily expenses unbearable, and President Trump hasn't helped. What does this mean for your family's future?
Amazon's AI Stake Soars to $74B: Is Anyone Watching Out for Main Street?
Amazon's initial $8 billion investment in Anthropic is now worth a staggering $74 billion. As tech giants profit, everyday Americans face rising costs.
Dell's Windfall from Pentagon Deal: A Tech Giant's Overnight Fortune
Michael Dell's net worth soars as his company secures a lucrative Pentagon contract. The story behind the deal and its implications.
Americans' Savings Rate Plummets to Two-Year Low Amid Rising Costs
The national savings rate has fallen to its lowest point since 2022, reflecting growing financial strain and underscoring the urgent need for economic policy reform.
Class of 2026 Faces Dire Job Market; Are Government Efforts Enough?
Recent graduates may struggle to find full-time work, possibly needing to take internships or adjust their job search strategies. What does this mean for the future generation's economic prospects?
Bessent Sounds Alarm on Manufacturing's National Security Threats
U.S. Treasury Secretary Scott Bessent warns of dire consequences for national security and economic stability due to manufacturing vulnerabilities.
Ferrari's New $640K Electric Car: Elite Luxuries Amidst Rising Costs for Ordinary Americans
Despite controversy, Ferrari's new electric vehicle is generating orders. This stark contrast highlights the economic struggles faced by everyday citizens as prices soar.
AI Layoffs Loom Large as Companies Cut Jobs Citing Technology
Companies like Snap, Coinbase, and Wix are cutting jobs due to AI advancements, sparking fears over job security and economic stability.
Allegiant and Sun Country Merge to Fill Void Left by Spirit's Collapse
Budget airlines face new challenges as Allegiant and Sun Country step in after Spirit's unexpected demise. What does this mean for travelers?
Texas BBQ Joints Grilled by Sky-High Beef Prices
BBQ joints, a cornerstone of Texas culture, are closing due to soaring beef prices and reduced customer traffic. The financial strain on local businesses is palpable.
Record Gas Prices Won't Stop Americans from Traveling This Memorial Day
Despite rising fuel costs, many are still planning to hit the road for Memorial Day weekend. The financial strain on working families is palpable.
SpaceX IPO After Musk's OpenAI Defeat: Timing or Strategy?
Elon Musk files SpaceX for an IPO shortly after losing a high-profile legal battle with OpenAI. What does it mean for tech competition and the future of AI?
1991 Graduates Sound Warning to Class of 2026 Amid Job Market Jitters
As today's graduates enter the workforce, lessons from 30 years ago echo with caution: rising costs and uncertain employment are old news.
Warsh's Challenging Path as Fed Chair Under Trump
As Kevin Warsh takes the helm at the Federal Reserve under President Trump, questions arise about the stability of economic policies.
Swiss Franc Soars as DeepSeek AI Shakes U.S. Tech Stocks
Investors flee to safety in Swiss franc and Japanese yen amidst concerns over elite hypocrisy in global markets following a Chinese startup's new tech model.
Stocks No Longer Beat Bonds: A Red Flag for Investors
New data reveals stocks and bonds are now equal in performance, a stark warning sign for individual investors. What does this mean for your financial future?
Dimon's Apology Reveals JPMorgan's Out-of-Touch Elite
JPMorgan CEO Jamie Dimon apologizes for a colleague's remarks, highlighting the gap between corporate leadership and average Americans.
Left Paid by Hedge Funds While Criticizing Madoff Whistleblower
Financial analyst Andrew Left allegedly received millions from hedge funds while scrutinizing a whistleblower's work. Conflicts of interest abound in high-stakes finance.
Inflation Soars to 3.8% as War With Iran Puts American Pocketbooks in a Pinch
The Consumer Price Index hit an alarming 3.8% yearly increase, straining wallets across America. What does this mean for your family's finances?