U.S. consumer sentiment hits new lows amid inflation and war
American consumers have been pessimistic for so long that now economists are wondering when — or even if…
U.S. China AI talks: Bessent says U.S. leads, safety protocol planned
The U.S. can talk to China about AI because “we are in the lead,” U.S. Treasury Secretary Scott…
Traders believe inflation could near 5% this year
A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon…
Inflation reading Tuesday expected to show prices at nearly a three-year high
An inflation reading due Tuesday is expected to show price gains at their highest level in nearly three…
Retailers hire big, defying consumer warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in…
Akamai stock soars after $1.8 billion AI infrastructure deal
The Akamai Technologies logo and lettering can be seen on the headquarters building at the company’s German headquarters…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New…
Kalshi traders see April jobs report coming in better than economists’ estimates
A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the…
Oil slumps after hitting peak, US indices reach new records
Oil prices are at their highest levels since Russia invaded Ukraine in 2022 (HUSSEIN FALEH) · HUSSEIN FALEH/AFP/AFP…
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Billionaire investor Ray Dalio warned the U.S. economy has slipped into a stagflationary environment and said it would…
CEOs are betting AI will augment work rather than displace all workers
The effect artificial intelligence will have on the labor market has left workers and job seekers alike worried…
Global recession inevitable if Strait of Hormuz stays shut
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International…