Economy
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Economy | LATEST STORIES
IRS Raises 401(k) Contribution Limits for 2026 as Cost-of-Living Adjustments Take Effect
New caps boost how much workers can save in 401(k)s, IRAs, SIMPLE plans, and other retirement accounts next year.
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5,000 Job Openings With 6-Figure Salaries Remain Unfulfilled at Ford: CEO
The country is facing a critical manufacturing job crisis, said Ford CEO Jim Farley.
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Swiss Officials to Resume Tariff Talks in Washington
The United States has signaled that a compromise on the tariff is within reach, though no final figure has been set.
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Subprime Borrowers Default on Auto Loans in Record Numbers: Report
Lenders have become increasingly willing to underwrite auto loans to subprime borrowers, Cox Automotive said.
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US Credit and Debit Card Spending Posts Largest Increase Since Early 2024
Typically, more than 20 percent of purchases, including electronics, clothing, and jewelry, are made during November and December.
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Atlanta Fed President Raphael Bostic to Retire When Term Expires in February
During his tenure, Bostic has faced scrutiny surrounding investment actions between 2017 and 2022.
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Bessent Teases ‘Substantial’ Tariff Moves to Bring Down Food Prices
Prices of coffee, bananas, and other grocery items could come ‘down very quickly,’ Treasury secretary said.
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US Small-Business Optimism Dips in October
Labor quality was cited by businesses as their biggest issue.
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Used Electric Vehicles Selling Fast, but Many See Sharp Declines in Value: Report
Traditional gasoline-powered automobiles sold the slowest in the third quarter because of high prices.
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The Bears Send Some Tech Super-Stocks Down...Temporarily
The negative articles about the stock market are getting harder to defend in the wake of the strongest earnings in four years, plus 4% GDP growth.
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US Private Sector Slashed 11,250 Jobs Per Week in October: ADP
‘Not only is the pace of employment growth shifting lower, it’s doing so in a jagged path,’ ADP’s chief economist said.
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Remodeling Contractors Outnumber New Home Builders, National Association Says
As of 2024, remodeling firms accounted for 56 percent of all residential building construction establishments.
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Trump Warns of $3 Trillion Economic Disaster if Supreme Court Rules Against Tariffs
The president highlighted tariff dividend checks.
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Trump Floats Idea of $2,000 Tariff Dividend Payments: 4 Things to Know
The Treasury secretary suggests it could also come in a different form.
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October Sees Slower Inflation for US Consumer Goods: OpenBrand
The annual Thanksgiving feast will be slightly less expensive this year for a 10-person feast, with prices declining by about 3 percent.
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Treasury Secretary Says Trump’s $2,000 Dividend Proposal May Come Through Tax Cuts
The ‘$2,000 dividend could come in lots of forms, in lots of ways,’ Bessent said.
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Beijing Suspends Export Curbs on Critical Minerals, Rare Earths
The regime suspended export curbs on some minerals, rare earths and batteries, restored soybean import licenses, and lifted a ban on U.S. logs.
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Economists Warn US Must Build Millions of Homes to End Affordability Crunch
The dream of homeownership is getting further out of reach for millennial and Generation Z Americans as more buyers fight over fewer homes.
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US–China Deal Stands on a History of Broken Promises
‘Talking one way and acting in another—this is typical of the Chinese Communist Party,’ one expert said.
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Wall Street Review: Tech Sell-Off Pulls Stocks Lower
Profit-taking by investors, coupled with weaker economic data, weighed on the markets. Experts say the pullback is expected to be temporary.
|
IRS Raises 401(k) Contribution Limits for 2026 as Cost-of-Living Adjustments Take Effect
New caps boost how much workers can save in 401(k)s, IRAs, SIMPLE plans, and other retirement accounts next year.
|
5,000 Job Openings With 6-Figure Salaries Remain Unfulfilled at Ford: CEO
The country is facing a critical manufacturing job crisis, said Ford CEO Jim Farley.
|
Swiss Officials to Resume Tariff Talks in Washington
The United States has signaled that a compromise on the tariff is within reach, though no final figure has been set.
|
Subprime Borrowers Default on Auto Loans in Record Numbers: Report
Lenders have become increasingly willing to underwrite auto loans to subprime borrowers, Cox Automotive said.
|
US Credit and Debit Card Spending Posts Largest Increase Since Early 2024
Typically, more than 20 percent of purchases, including electronics, clothing, and jewelry, are made during November and December.
|
Atlanta Fed President Raphael Bostic to Retire When Term Expires in February
During his tenure, Bostic has faced scrutiny surrounding investment actions between 2017 and 2022.
|
Bessent Teases ‘Substantial’ Tariff Moves to Bring Down Food Prices
Prices of coffee, bananas, and other grocery items could come ‘down very quickly,’ Treasury secretary said.
|
US Small-Business Optimism Dips in October
Labor quality was cited by businesses as their biggest issue.
|
Used Electric Vehicles Selling Fast, but Many See Sharp Declines in Value: Report
Traditional gasoline-powered automobiles sold the slowest in the third quarter because of high prices.
|
The Bears Send Some Tech Super-Stocks Down...Temporarily
The negative articles about the stock market are getting harder to defend in the wake of the strongest earnings in four years, plus 4% GDP growth.
|
US Private Sector Slashed 11,250 Jobs Per Week in October: ADP
‘Not only is the pace of employment growth shifting lower, it’s doing so in a jagged path,’ ADP’s chief economist said.
|
Remodeling Contractors Outnumber New Home Builders, National Association Says
As of 2024, remodeling firms accounted for 56 percent of all residential building construction establishments.
|
Trump Warns of $3 Trillion Economic Disaster if Supreme Court Rules Against Tariffs
The president highlighted tariff dividend checks.
|
Trump Floats Idea of $2,000 Tariff Dividend Payments: 4 Things to Know
The Treasury secretary suggests it could also come in a different form.
|
October Sees Slower Inflation for US Consumer Goods: OpenBrand
The annual Thanksgiving feast will be slightly less expensive this year for a 10-person feast, with prices declining by about 3 percent.
|
Treasury Secretary Says Trump’s $2,000 Dividend Proposal May Come Through Tax Cuts
The ‘$2,000 dividend could come in lots of forms, in lots of ways,’ Bessent said.
|
Beijing Suspends Export Curbs on Critical Minerals, Rare Earths
The regime suspended export curbs on some minerals, rare earths and batteries, restored soybean import licenses, and lifted a ban on U.S. logs.
|
Economists Warn US Must Build Millions of Homes to End Affordability Crunch
The dream of homeownership is getting further out of reach for millennial and Generation Z Americans as more buyers fight over fewer homes.
|
US–China Deal Stands on a History of Broken Promises
‘Talking one way and acting in another—this is typical of the Chinese Communist Party,’ one expert said.
|
Wall Street Review: Tech Sell-Off Pulls Stocks Lower
Profit-taking by investors, coupled with weaker economic data, weighed on the markets. Experts say the pullback is expected to be temporary.
|