Economy.

Economy·Oct 2, 2026

Trump's Social Security Tax Cut Would Favor Retirees Earning Over $25,000

Benefits taxed on a sliding income scale mean ending the tax would deliver the biggest gains to higher earners, economists say.

Economy·Oct 1, 2026

Ken Griffin Donates $3 Billion to Bring Carnegie Mellon Campus to Miami

The Citadel founder's gift, the largest private donation in higher-ed history, aims to turn Miami into a tech and finance talent hub by 2028.

Economy·Sep 30, 2026

Mortgage rates rise for sixth straight week, hitting demand hardest since 2023

The average 30-year fixed rate climbed to 7.30%, pushing weekly mortgage applications down 6% to a two-year low.

Economy·Sep 25, 2026

China Sees Surprise Jump In US Orders Ahead Of Trump-Xi Summit

A private survey shows a rebound in Chinese exports to the US as companies bet on continued stability between the two economies.

Economy·Sep 25, 2026

Oracle Warns It May Delay Payments On $18 Billion New Mexico Data Center Project

The company invoked a force majeure clause after permit delays threatened the 2028 timeline for the AI facility known as Project Jupiter.

Economy·Sep 25, 2026

30-Year Mortgage Rate Jumps To 7.45%, Highest Since April 2024

A bond sell-off pushed yields higher, driving the sharp Thursday spike, according to CNBC.

Economy·Sep 25, 2026

16 Trucking Companies File For Bankruptcy In Just 30 Days

Rising diesel prices and years of weak freight economics are driving carriers of all sizes into Chapter 7 and Chapter 11, according to TheStreet.

Photo: TheStreet

Economy·Sep 25, 2026

168-Year-Old Gundlach Bundschu Winery Files Chapter 11 Bankruptcy

California's oldest continuously family-owned winery is restructuring with backing from a new investor, according to TheStreet.

Photo: TheStreet

Economy·Sep 24, 2026

8% Mortgage Rates 'Not An Impossibility' As 30-Year Fixed Surges

A sharp rise in the 10-year Treasury yield and a murky economic outlook have some warning the 30-year fixed rate could climb back toward 8%.

Economy·Sep 24, 2026

Student Loan Borrowers Sue Trump Administration Over Forgiven Debts Still On Credit Reports

Borrowers claim they suffered financial harm even though their loans were forgiven years ago.

Economy·Sep 24, 2026

Energy Secretary Warns Diesel Export Ban Would Raise Gas Prices

Chris Wright said restricting diesel exports would force refiners to cut output, pushing up both gasoline and jet fuel prices.

Photo: TheStreet

Economy·Sep 24, 2026

Record Diesel Prices Threaten To Push Grocery And Thanksgiving Costs Higher

Diesel costs used to move food to stores keep setting records, adding new pressure on already-elevated grocery bills.

Economy·Sep 24, 2026

AutoZone CFO Warns Drivers Are Deferring Car Repairs As Costs Rise

Executives say inflation-strained customers are delaying maintenance and trading down on parts, a trend that could pose safety risks.

Photo: TheStreet

Economy·Sep 24, 2026

China Confirms First AI Talks With U.S., Hints At Trade Truce Extension

Beijing's confirmation came just hours before President Xi Jinping was set to begin talks with President Donald Trump.

Economy·Sep 24, 2026

US Apartment Landlords Face $1.8 Trillion Debt Wall, With $300 Billion Due This Year

Refinancing costs have soared for landlords whose loans are coming due in the current rate environment.

Economy·Sep 23, 2026

Trump-Xi Meeting Puts Chinese Automaker Access Back in Focus

U.S. automakers and lawmakers are pushing to keep restrictions on Chinese vehicles in place.

Economy·Sep 23, 2026

Analysis Explores Why Trump Stands Alone in Pushing for 1% Interest Rates

The call for ultra-low rates has found little support elsewhere, according to a new analysis.

Economy·Sep 23, 2026

Retailers Set To Recover Billions In Tariff Refunds After Court Ruling

The Supreme Court's rejection of IEEPA-based tariffs clears the way for refunds, raising questions about consumer prices.

Photo: TheStreet

Economy·Sep 23, 2026

Bessent Backs Fed's Warsh Without Endorsing Latest Rate Hike

The Treasury secretary voiced confidence in the Fed chair while declining to say whether he agreed with the quarter-point increase.

Photo: TheStreet

Economy·Sep 23, 2026

Business Attendee List Takes Shape Ahead Of Trump-Xi Dinner

Details remain scarce on which, if any, Chinese executives will be present.

Economy·Sep 22, 2026

Treasury Secretary Says Administration Weighing Feasibility Of Diesel Export Ban

Scott Bessent said officials are studying refining capacity to determine whether a full or partial ban could work.

Economy·Sep 22, 2026

MIT Ends Princeton's 15-Year Run Atop U.S. News College Rankings

A methodology change that weighs graduate earnings more heavily helped reshuffle the list.

Economy·Sep 22, 2026

California and Texas Both Move to Rein In Data Center Growth

Governors Gavin Newsom and Greg Abbott took separate but parallel steps to limit data center expansion over water and energy concerns.

Economy·Sep 22, 2026

Optimism in China Outpaces US Ahead of Trump-Xi Summit, CNBC Reports

A CNBC newsletter previews what to watch as the two leaders prepare for a highly anticipated meeting this week.

Economy·Sep 21, 2026

Crude Oil Prices Drop, But Gas and Diesel Haven't Followed Yet

A pullback tied to hopes for a peace deal hasn't reached the pump, where fuel prices keep climbing.

Photo: TheStreet

Economy·Sep 21, 2026

Treasury Secretary Calls China Trade Meeting 'Successful' Ahead of Trump-Xi Summit

Scott Bessent's meeting with Vice Premier He Lifeng comes days before the two leaders are set to meet.

Economy·Sep 21, 2026

IGA Closes Five Stores in Four States as Grocery Downsizing Continues

The closures add to a broader wave of supermarket consolidation across the industry.

Economy·Sep 20, 2026

Chevron CEO Says Oil Market's Shock Absorbers Are Running Out

Mike Wirth says the buffers that limited early price spikes from the Iran conflict have largely been used up.

Economy·Sep 20, 2026

Michael Burry Blasts Wealth Transfer Driving Economic Inequality

The investor known for calling the 2008 housing crash says bubbles are enriching a narrow slice of the population.

Economy·Sep 20, 2026

Tariffs, Fuel Costs and Interest Rates Are Piling Up on US Companies

Manufacturers, auto suppliers, retailers and transportation firms are among the hardest hit, according to CNBC.

Economy·Sep 20, 2026

$4.47 Gas Is Already Reshaping Holiday Travel Plans

Prices aren't expected to fall the way they typically do heading into the season, TheStreet reports.

Economy·Sep 20, 2026

Voters Are Anxious About the National Debt, but Big Fixes Aren't Coming Soon

Watchdog groups say midterm voters sense something is wrong, even as major action remains unlikely this year.

Economy·Sep 20, 2026

Dollar General CEO Says Even High-Income Shoppers Are Feeling the Squeeze

Todd Vasos told a Goldman Sachs conference that consumers across all income levels are showing signs of financial strain.

Economy·Sep 20, 2026

French Wine Production Nears 70-Year Low as Industry Faces Tough Choices

Winemakers are weighing new markets and products as output drops to levels not seen in decades.

Economy·Sep 20, 2026

80-Year-Old Discount Fashion Chain to Close 120 Stores

The retailer, which has operated for eight decades, is shrinking its store count significantly.

Economy·Sep 20, 2026

Business Travel App Weyeboo Ordered Into Involuntary Bankruptcy

A Spanish court found the four-year-old startup had no funds left to continue operating.

Economy·Sep 20, 2026

Auto Trade Groups Press Trump to Block Chinese Automakers Ahead of Xi Visit

Six major industry groups signed a joint letter urging the administration to keep Chinese carmakers out of the U.S. market.

Economy·Sep 20, 2026

Why the Fed's Latest Rate Hike Isn't All Bad News for Savers

Higher rates are squeezing borrowers, but TheStreet argues they're a win for cash holders and retirees after years of near-zero returns.

Economy·Sep 20, 2026

Economist Who Called 2007 Crisis Warns Fed Is Walking Into a Recession

David Rosenberg says the conditions that helped the economy dodge a downturn in 2022 no longer apply.

Economy·Sep 19, 2026

Amazon Freight Partner CLJ Transporting Files for Chapter 11 Bankruptcy

The Florida-based cargo carrier's filing comes weeks after Amazon suspended ties with another transportation partner following a fatal plane crash.

Economy·Sep 19, 2026

JPMorgan Says It Can't Map Out How The $100 Oil Crisis Ends

The bank warns that assumptions about how much economic pain the U.S. can tolerate have broken down amid the Iran conflict.

Economy·Sep 19, 2026

AirBaltic Files for Bankruptcy Protection as Congo Airways Remains Grounded

Elevated jet fuel prices and safety restrictions have pushed multiple national carriers into crisis.

Economy·Sep 18, 2026

New Report Finds Fed Staff Missed Warning Signs Before Silicon Valley Bank Failure

Fed Vice Chair for Supervision Michelle Bowman says the findings point to gaps in oversight ahead of the 2023 collapse.

Economy·Sep 18, 2026

GLP-1 Drug Boom Puts $73 Billion Of Food Brand Value At Risk

A new analysis finds shrinking snack habits among GLP-1 users threaten some of the world's biggest food companies.

Economy·Sep 18, 2026

Amazon Raises Starting Pay To $20 An Hour For US Operations Workers

The $1.5 billion investment adds roughly $2,080 a year for eligible full-time employees.

Economy·Sep 17, 2026

Drivers See Little Relief at the Pump Despite Falling Oil Prices

Gasoline and diesel prices climbed even as crude fell nearly 3.5% in a single day.

Economy·Sep 17, 2026

Scotland-France Ferry Route Scrapped Over Viability Concerns

The planned Project Brave service between Fife and Dunkirk won't move forward.

Economy·Sep 17, 2026

Economists Weigh In After Fed's First Rate Hike in Three Years

Fed Chair Kevin Warsh raised rates a quarter point and declined to signal what comes next, prompting mixed reaction from analysts.

Economy·Sep 17, 2026

EU Opens Door to Canada Becoming Its First Associate Member

European Commission President Ursula von der Leyen floated the proposal, which would deepen ties between Canada and the 27-member bloc.

Economy·Sep 17, 2026

Bank of England Expected to Hold Rates Steady Despite Rising UK Inflation

The central bank is poised to break from the Fed's rate-hike move even as UK inflation climbs to 3.1%.

Economy·Sep 17, 2026

Trump Threatens Tariffs on Europe Over Proposal to Give Canada EU Associate Status

The president called the EU's plan 'laughable' and warned of serious tariffs if he views the move as hostile to the US.

Economy·Sep 17, 2026

India's Free Real-Time Payments System Set to Start Charging Merchant Fees

The world's largest real-time payments network currently handles more than a million transactions every two minutes at no cost.

Economy·Sep 17, 2026

Fed Raises Rates a Quarter Point, Signals More Hikes May Follow

Chair Kevin Warsh says the unanimous move was a necessary step toward price stability as inflation remains stubborn.

Economy·Sep 17, 2026

Moody's Economist Says AI Productivity Boom Could Ease U.S. Debt Burden

Mark Zandi says a scenario resembling the late-1990s productivity surge could push the primary deficit near zero within six or seven years, though AI's own costs could offset the gains.

Economy·Sep 16, 2026

Fed Raises Interest Rates for First Time Since 2023, Signals Another Hike Ahead

The move marks a shift after years of holding rates steady.

Economy·Sep 16, 2026

U.S. Retail Sales Post Biggest Jump in Five Months

August's surge adds to evidence the economy picked up pace heading into fall.

Economy·Sep 16, 2026

India's NPCI to Add 0.4% Fee on High-Value UPI Payments

The new charge targets larger transactions on the country's digital payments network.

Economy·Sep 16, 2026

BOJ Expected to Raise Rates to Three-Decade High, CNBC Survey Finds

A quarter-point hike would mark the central bank's highest rate level in roughly 30 years.

Economy·Sep 16, 2026

UK Inflation Rises to 3.1% as Energy Costs Climb

The reading lands just hours before the Bank of England's latest policy decision.

Economy·Sep 16, 2026

House to Vote on Bill Limiting How AI Data Center Costs Hit Utility Bills

The bipartisan measure would give states a regulatory framework to keep data center energy costs off consumers' bills.

Economy·Sep 16, 2026

South Korean Universities Build Direct Pipelines Into Samsung and SK Hynix

Chipmakers are partnering with schools to fund courses and create pathways that lead qualifying students straight to jobs.

Economy·Sep 15, 2026

US Energy Secretary Says Saudi Pipeline Closure Will Last Only Days

Chris Wright told CNBC the East-West pipeline shutdown, following a drone attack, is a brief interruption.

Economy·Sep 15, 2026

Fed's Dot Plot Could Matter More Than This Week's Rate Hike, Investors Say

Chair Kevin Warsh faces a test of his inflation-fighting credibility as the Fed weighs further increases.

Economy·Sep 15, 2026

U.S. Strategic Petroleum Reserve Falls To Lowest Level Since 1982

The nation's emergency oil stockpile has continued shrinking, according to new figures.

Economy·Sep 15, 2026

Pentagon Puts Iran War Costs at $33.4 Billion, Flags Weapons Shortfalls

The department disclosed the tally through late June alongside warnings about strategic munitions stockpiles.

Economy·Sep 15, 2026

Beijing Tightens Exit Controls as Wealthy Chinese and Tech Talent Look to Leave

New border rules aim to keep capital and skilled workers from flowing out of the country.

Economy·Sep 15, 2026

China's Retail Sales Miss Forecasts as Investment Slump Deepens

August data showed slowing consumer spending and weaker investment even as industrial output beat estimates.

Economy·Sep 15, 2026

Scrubs & Beyond Is Closing All Of Its Stores

The workplace clothing chain's shutdown comes as e-commerce continues to reshape physical retail.

Economy·Sep 14, 2026

Trump Agrees to Ethics Provisions in Crypto Clarity Act as GOP Courts Democrats

Community banks worry the bill could push depositors toward higher-yielding stablecoin assets, according to CNBC.

Economy·Sep 14, 2026

30-Year Mortgage Rate Climbs to 7.17%, Highest in Nearly Two Years

The jump follows the 10-year Treasury yield crossing the 5% threshold, according to MarketWatch.

Economy·Sep 14, 2026

Economists Warn the Fed May Be Close to a Serious Policy Mistake

Some are urging the central bank to hold off on rate hikes over concerns about underlying economic weakness, per MarketWatch.

Economy·Sep 14, 2026

Trump Urges Ukraine to Stop Striking Russian Refineries as US Diesel Hits Record

US diesel prices have topped $6 a gallon for the first time as the Ukraine and Iran wars strain global energy supply.

Economy·Sep 14, 2026

Mondelez Cuts Two Months Off Supply Chain for Key Cadbury Ingredient

The move is tied to expanded chocolate manufacturing in Malaysia, according to CNBC.

Economy·Sep 14, 2026

Another Independent Coffeehouse Files for Chapter 11 Amid Rising Costs

A wave of new competition and squeezed consumer spending are testing independent coffee shops even as the broader industry keeps growing.

Economy·Sep 14, 2026

Outback Steakhouse Closes More Locations Amid Rising Beef Costs

The 38-year-old chain has now shut more than 40 restaurants as parent company Bloomin' Brands presses ahead with a turnaround plan.

Economy·Sep 13, 2026

Treasury Set to Sanction Unnamed 'Large Bank' Monday Over Iran Ties

Secretary Scott Bessent teased the move as part of an escalating economic pressure campaign on Iran.

Economy·Sep 13, 2026

Destination XL Closing More Stores as Shoppers Shift Online

The big-and-tall retailer follows a broader retail pullback already seen at chains like Torrid.

Economy·Sep 13, 2026

Diesel Hits Record $6.055 a Gallon as Middle East, Ukraine Tensions Escalate

Wholesalers are already raising prices further, with gasoline and diesel both expected to climb in the coming days.

Economy·Sep 13, 2026

Social Security's 2027 Cost-of-Living Adjustment Is Now Projected at 3.5%

August inflation data pushed the estimate up from 3.4%, with the official figure due from the Social Security Administration on October 14.

Economy·Sep 13, 2026

Vinaigrette Salad Kitchen Has Closed Two-Thirds of Its Locations

The chain joins a list of health-focused restaurants that have struggled to turn consumer interest in salads into a sustainable business.