‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing
Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April reading came…
AI shock is looking a lot like the China shock, and that’s actually good news, top economist says
In 2001, China joined the World Trade Organization, sparking a manufacturing surge for the country. China became the…
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
The national debt is set to reach $40 trillion in the near future if it continues to grow…
Change to allow rent payments factor into credit score could help 7.7M Americans qualify for a mortgage
A government change could tip the scale for millions of “credit invisible” Americans and spur hundreds of billions…
Brunch has become its own full-experience economy, restaurant experts say
NEWYou can now listen to Fox News articles! On Mother’s Day, brunch isn’t just a meal. It’s an…
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…
The Dollar’s True Enemy Isn’t Who You Think: New Economy
Note to readers: Starting today, Bloomberg New Economy will be a standalone newsletter. You don’t need to do…
Pakistan to issue first ‘Panda bond’ next week, finance minister says
Pakistan is expected to access Chinese capital markets for the first time through a yuan-denominated bond next week,…
Why a ‘roaring’ economy is failing US voters
There was a time when all a politician needed to know was, “It’s the economy, stupid”. No longer,…
This economist studied 400 years of recessions. His bleak conclusion: stop trying to predict them
In the early 18th century, the American colonies suffered a depression-level economic contraction. There was no war. No…
Iran war is draining world’s oil buffer at an unprecedented pace
The world has burned through oil inventories at a record speed as the Iran war throttles flows from…
America’s Car Debt Just Hit $1.68 Trillion As The $20K New Car Goes Extinct
There are just four models under $25,000 in 2026, as average new car transaction prices continue to soar…