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Economy
Economy news
US Labor Market Stays Hot as Economy Adds 172,000 New Jobs in May
The unemployment rate was unchanged at 4.3 percent.
June 5, 2026
BY
Andrew Moran
California High-Speed Rail’s Early Segment Scales Down as Local Officials Reluctant to Pay
The cost of the whole high-speed rail project was estimated at $126.08 billion, compared to the $33 billion ...
June 5, 2026
BY
Lear Zhou
US Gas Prices Highest in 4 Years as Memorial Day Weekend Starts
The average price of a gallon of gas in the United States reached $4.55 on May 22.
May 22, 2026
BY
Jill McLaughlin
US Labor Market Remains Resilient as Jobless Claims Dip
Continuing unemployment benefits came in below expectations, lifting optimism about renewed hiring momentum.
May 21, 2026
BY
Andrew Moran
New Fed Chair Pledges ‘Regime Change’ to Fight Inflation—Here’s What That Could Mean in Practice
'The fatal policy error going back four or five years is still a legacy that we're dealing with,' ...
May 19, 2026
BY
Kevin Stocklin
California Average Gas Price Tops $6 per Gallon: Report
Nationally, gas prices jumped by 27 cents to an average of $4.30 per gallon, AAA reported.
April 30, 2026
BY
Rob Sabo
Dow Jones Rises 900 Points, Oil Falls as Strait of Hormuz Is ‘Completely Open’
U.S. stocks staged a tremendous comeback over the past two weeks after slipping into a correction last month.
April 17, 2026
BY
Andrew Moran
Iran War Could Bring ‘Skunk’ to America’s Economic Party: Jamie Dimon
Sticky inflation, high interest rates, and private credit are some of the risks to the U.S. economy this ...
April 6, 2026
BY
Andrew Moran
Vehicles Are Increasingly Software-Driven: The Trade-Offs of More Tech
Consumers want more tech, safety, and convenience, but automakers add complex systems, subscriptions, and features beyond what drivers ...
April 6, 2026
BY
Mary Prenon
Block CFO Defends Job Cuts Due to AI Adaptation; Silicon Valley Executives Predict Increased Mass Layoffs
Block’s Chief Financial Officer and Chief Operating Officer Amrita Ahuja defended the San Francisco-based payments company’s mass layoffs ...
March 27, 2026
BY
Dylan Morgan
What to Know About San Francisco’s ‘Overpaid CEO Tax’
While critics call it government overreach, supporters say it's an attempt to address what they call outrageous compensation ...
March 26, 2026
BY
Tom Gantert
Gold, Silver Slide as Inflation Jitters Shift Fed Policy Outlook
Precious metals join the broader market sell-off as Iranian conflict continues to spook investors.
March 19, 2026
BY
Andrew Moran
Fed Leaves Interest Rates Unchanged
In holding rates, monetary policymakers also noted the 'uncertain' impacts of the Iran war.
March 18, 2026
BY
Andrew Moran
Low Layoffs Continue as US Weekly Jobless Claims Slip to 213,000
The employment numbers gave the Federal Reserve a ‘complicated picture,’ said one market watcher.
March 12, 2026
BY
Andrew Moran
Iran War Could Add to California’s Rising Gas Prices
Consumers could pay even higher prices at the pump if the conflict continues.
March 2, 2026
BY
Jill McLaughlin
Behind America’s New Industrial Revolution
The United States is outpacing many advanced economies in growth and productivity.
March 2, 2026
BY
Emel Akan
US Producer Inflation Rises More Than Expected in January
Economists had penciled in a reading of 0.3 percent.
February 27, 2026
BY
Andrew Moran
Walmart Agrees to $100 Million Settlement With FTC Over Delivery Driver Service Earnings
The company said it has issued payments to impacted drivers and will make additional payments as needed.
February 26, 2026
BY
Mary Prenon
US Annual Inflation Rate Slows Sharply to 2.4 Percent in January
Growth in consumer prices continues to stabilize to kick off 2026.
February 13, 2026
BY
Andrew Moran
French Wealth Tax Shortfall Fuels Debate Amid California ‘Billionaire Tax’ Proposal
California voters will consider a November 2026 ballot measure to impose a one-time 5 percent tax on residents ...
February 9, 2026
BY
Evgenia Filimianova
Small Business Administration Suspends 111,620 California Borrowers Suspected of $8.6 Billion Fraud
The agency will pursue criminal referrals regarding the $8.6 billion fraud with the Department of Justice.
February 7, 2026
BY
Naveen Athrappully
Dow Hits 50,000 for First Time Ever
The stock market is rallying following three days of selling amid tech stock, metals, and crypto turmoil.
February 6, 2026
BY
Travis Gillmore
Newsom: Track Laying to Begin in California’s High-Speed Rail Project
The governor made the announcement after a major facility was completed and the state dropped a lawsuit challenging ...
February 4, 2026
BY
Chase Smith
Federal Reserve Leaves Interest Rates Unchanged in First Policy Decision of 2026
Investors now eye the next policy meeting in March.
January 28, 2026
BY
Andrew Moran
US Economy Delivers Strong 4.4 Percent Growth, Outperforming Forecasts
Upward revisions to exports and investment contributed to the higher adjustment to third-quarter growth.
January 22, 2026
BY
Andrew Moran
US Monthly Housing Payment Falls to $2,413: Report
President Donald Trump recently gave the order to purchase $200 billion in mortgage bonds, which made an impact ...
January 19, 2026
BY
Naveen Athrappully
Why People Feel the Economy Is Bad, When Data Show Improvement
The data don’t capture the pain experienced by a large segment of society, experts say.
January 19, 2026
BY
Petr Svab
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
3hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
4hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
5hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
6hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
7hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
8hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
9hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
13hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
14hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
20hr
By
Melanie Sun