Finance/Economy/Business

The college degree ‘safety premium’ is almost gone—but mainly because so many non-grads have given up looking for work

For decades, a college degree was seen as a near-guarantee of better job prospects and economic security. But new analysis from Goldman Sachs reveals...

Stock markets are rewarding Trump’s new tariff threats with the S&P hovering near its record high

Another tariff threat, another strong day for U.S. stocks, which swung from a loss to a gain on Monday, with the S&P 500 near...

Apple’s first foldable phone is set for 2026 and UBS thinks it may be as cheap as $1,800. Here’s what else to know

Apple is on the cusp of launching its first foldable iPhone, with the supply chain reportedly close to finalizing specifications for a book-style “iPhone...

Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency

The White House began its political attacks against Federal Reserve chair Jerome Powell.  After years of openly criticizing Powell, in defiance of decades of established...

Gen Z is copying baby boomers with communal living—but this time, it’s because they can’t afford a house on their own

The 1960s and ‘70s were one of the most colorful and plentiful examples of communal living. Younger generations—baby boomers, at the time—developed communes that...

Warner Brothers’ ‘Superman’ soars with third-biggest opening weekend of 2025, hits $217 million globally

Director James Gunn’s Superman reboot has delivered a mighty box office debut, signaling a powerful new start for DC Studios and Warner Bros. The film, starring...

We’re about to find out who’s really paying for tariffs

Earnings for the second quarter will heat up this week, with more at stake than usual as they represent a fuller picture on how...

Powell asks inspector general to review $2.5 billion cost of Federal Reserve renovation

Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank’s building renovations that White House officials have...

The U.S. created over 1,000 new millionaires per day in 2024

The U.S. now accounts for about 40% of the world’s millionaires, despite representing only 4% of the global population. Just how fast the world’s...

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