Economy
2 experts outline a looming scenario where the US economy could end up caught in a dreaded period of stagflation
A first-quarter GDP slowdown, paired with hotter inflation, is a sign of trouble for the Fed. Some analysts warn of eventual stagflation.
Putin is using 'nuclear blackmail' — and Russia defeating Ukraine could spark global chaos and economic disaster, Jamie Dimon warns
If Russia defeats Ukraine, other countries might rethink their reliance on the US and embrace nuclear weapons, JPMorgan CEO Jamie Dimon said.
More Gen Zers could ditch college this fall — and some schools are worried they might never fully recover
It's not just the rocky FAFSA rollout. Lower birth rates and high student debt loads could hurt the business of higher ed.
Meet the Gen Zers struggling to stay in work or school — and the parents who are at a loss for how to help
A rising number of America's young people are disconnected from work, school, and a sense of purpose.
A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
The Biden administration introduced new rules aiming to hand some power back to workers, but business groups are gearing up to challenge them.
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Millennials having fewer kids could be a drag on the economy for the next decade
The impact of millennials having fewer kids will probably be worse than the impact of aging boomers, an economist told Business Insider.
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the authority to oust Powell from the Federal Reserve.
A Gen X mom makes $25,000 at Applebee's and can only afford one meal a day. She's one of many Americans who live paycheck to paycheck but don't qualify for government help.
Cherie Tobias, 48, can't afford groceries but doesn't qualify for government assistance.
The 'peak boomer' crisis might only get worse: A fifth of Americans 50 and up have no retirement savings, and the majority are worried they won't have enough money
Many Americans headed toward retirement don't have the funds. It could contribute to the peak boomer crisis.
The more Americans who take Ozempic, the faster the US economy could grow, Goldman Sachs says
With the US obesity rate hovering at around 40%, tens of millions of Americans could take GLP-1 drugs over the next few years.
Stock market today: Indexes gain as investors assess new inflation data and latest earnings
Personal consumption expenditures data showed prices ticked up 2.8% year-over-year in March, slightly higher than expected.
A 63-year-old peak boomer is 'incredibly scared' Social Security won't be enough to cover her expenses in retirement: 'I'll probably need to work until I die'
After Diane Senffner, 63, lost her job during the pandemic, she depleted her savings and hasn't been able to find stable work since.
Jamie Dimon thinks he knows why people are so gloomy about the economy
The lowest earners have been left out of the economic boom, and it's no wonder they're upset, JPMorgan CEO Dimon said.
Stock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP
Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and stubbornly high inflation.
The US is under pressure to lead the way in reducing plastic pollution — but it keeps making more of it
World leaders are negotiating a treaty to end plastic pollution, and the US is under pressure to step up.
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Baby boomers are approaching 'peak burden' on the economy
A wave of retiring baby boomers means the generation will soon reach "peak burden" on the US economy, economists say.
Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected
The US economy grew at an annualized rate of 1.6% in the first three months of the year, badly lagging expectations of 2.4%.
Jamie Dimon says the US has less than 50% odds of nailing a soft landing: 'Don't get lulled into a false sense of security'
"It looks a little bit more like the '70s to me, and I point out to a lot of people, things looked pretty rosy in 1972 — they were not rosy in 1973."
The US economy started the year much slower than expected
The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, real GDP rose at an annualized rate of 1.6%.
Billions of dollars of Ukraine aid are set to be spent in the US. Here are the cities that could get a boost.
The recently approved US aid to Ukraine could help create American jobs. Here are some of the cities that may benefit.