In this article META Facebook's CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook parent Meta P

The labor market shattered expectations in January as the economy added 517,000 jobs and the unemployment rate dropped to 3.4 percent, a low not seen since May 1969, according to data released Friday

Without a doubt, Bill Gates is a genius . The Microsoft co-founder dropped out of college at age 19 because he believed a computer should be on every desk and in every home. You only put a lot of mone

It's a great time to be a candlemaker in Germany. "Candle demand is very strong right now," says Stefan Thomann, Technical Director of the European Candle Manufacturers Association. The candle boom be

Workers on visas, many of them waiting years for green cards, now face having to leave the country unless they get hired within 60 days. Abhi Jain was laid off from his job as a software engineer at M

Knowing that COVID-19 has not gone away, some people are not yet prepared to let their guard down, according to a working paper distributed by the National Bureau of Economic Research. Some 13% of U.S

Summary Companies Meta falls on report of EU concern over targeted ads Energy stocks drop as crude trades at lowest level since Jan Indexes down: Dow 1.03%, S&P 1.44%, Nasdaq 2% Dec 6 (Reuters) - Wall

Who is to blame for inflation? Some say greedy corporations are the culprits. Peter Ruck/BIPs/Getty Images Everyone agrees inflation is happening. What they don't agree on is whodunit. The most recent

The empty assembly line at the Duralex glassware factory in Orléans, France, on Nov. 15. Eleanor Beardsley/NPR ORLÉANS, France — The assembly line at the Duralex glassware factory sits idle, its massi

Shoppers walk the aisles of Walmart for Black Friday deals in Dunwoody, Georgia. Walmart opened at 6am on Black Friday for shoppers. Jessica McGowan/Getty Images Black Friday, the unofficial shopping

This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America’s biggest problems. Sign up here to get it every week . The tech industry seems to be

If the Federal Reserve’s chair, Jerome H. Powell, and his colleagues look at company earnings reports, these themes might catch their eye. Workers unloading packages for delivery in New York last week

China said its economy grew 3.9 percent in the third quarter. But investors unnerved by Xi Jinping’s power grab — and his state-heavy agenda — sent Chinese shares tumbling. A Beijing vegetable market

A 1997 financial catastrophe casts a long shadow in countries that are seeing the value of their money plunge to record lows. A vendor at a street market in Phuket, Thailand. Many businesses in Asia a

T he second world war was a hard time for British publishers. Paper imports collapsed; paper started being made from straw; publishers printed only sure-fire hits. New novels were rejected; a history

Published 21 September 2022 Share page About sharing Image source, Reuters Image caption, Jerome Powell, head of the Federal Reserve, says inflation in the US is too high By Natalie Sherman Business r

After months of gloom, Americans are finally starting to feel better about the economy and more resigned to inflation. Consumer sentiment, which hit rock bottom in June, has begun inching up in recent

Illustration by Guillem Casasus In the summer of 2020, Mike Zaffaroni, the owner of Liberty Landscape Supply in Jacksonville, Fla., needed to start staffing up to fulfill a pair of contracts to plant

Khairi Harris, who goes by the handle “KDotDaGawd” on Twitch, is hanging onto his career as a full-time streamer by a thread. Last month he found himself scanning the classifieds for a part-time job t

Income and Spending Lag Behind Inflation, a Sign of Economic Fragility After the latest monthly consumer data, some analysts expect a second straight quarter of decline in the U.S. gross domestic prod

WASHINGTON, June 13 (Reuters) - Bitcoin fell as much as 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" market conditions

Economics Economics Indicators Central Banks Jobs Trade Tax & Spend Inflation & Prices Economics Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse Tax & Spend IMF Economist Says Fran

Published 19 May 2022 comments Share page About sharing Image source, Getty Images Fears about rising prices and slowing economies have spread to UK and European stock markets following sharp falls in

Consumer Prices Are Still Climbing Rapidly Inflation data showed a slowdown in annual price increases in April, but a closely watched monthly price measure continues to rise at an uncomfortably brisk

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Published 10 February 2022 Share page About sharing Image source, Getty Images Image caption, A woman wearing a mask moves her shopping cart December 3, 2020 in a Trader Joe's supermarket in New York

Published in Making of a Millionaire · 7 min read · Jan 28, 2022 -- Image by Clem Onojeghuo on Unsplash . The United States likes to talk about problems. Well, ones we have solutions for, anyway. Othe

Ty Stehlik, who works the front desk at a hotel in Milwaukee, pleaded for a raise all through the pandemic — and finally got an extra $1 an hour in the fall to make $15. But higher prices for rent and

Americans used to seeing their retirement accounts and other investments zoom ever higher suffered a reckoning this week, as markets endured their worst week since the start of the coronavirus pandemi

1 of 10 | FILE - Housing activists march across town toward New York Gov. Kathy Hochul’s office, calling for an extension of pandemic-era eviction protections, Tuesday, Aug. 31, 2021, in New York. Pri

Economics Economics Indicators Central Banks Jobs Trade Tax & Spend Inflation & Prices Economics Argentina Economy Grew in July Despite Recession on Horizon Checkout Cost-of-Living Stress Fuels Crime

Welcome to BIG, a newsletter about the politics of monopoly. If you’d like to sign up, you can do so here . Or just read on… Today I am writing about how big business is benefitting from and helping t

WASHINGTON — Inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7% and raising costs for consumers, offsetting recent wage gains and heightening pressure o

W hen a staid American institution is declared dead, the news media like to haul the same usual suspect before the court of public opinion: the Millennial generation. The 80 million–plus people born i

For months, the GOP-Fox News axis forecast the bluest of Christmases. House Republican leader Kevin McCarthy joined 159 House Republicans in a letter to President Biden saying his policies “will certa

You’re Going to Work a Long Time. Here’s How to Build in Breaks. Living longer can mean having a longer career, whether by choice or necessity. Stopping and starting isn’t easy, but it might be worth

Friday’s inflation numbers — a 6.8 percent increase compared with just a year ago, the highest level in 39 years — are scary enough. Scratch just a bit below the surface, and you’ll see the worst has

The “Great Resignation” remains one of the buzziest economic stories of 2021. But the more people talk about it, the more I wonder whether most people know what they’re talking about. As so often happ

China Evergrande Defaults on Its Debt. Now What? A ratings agency’s declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand