Young Americans were told that good grades would unlock a six-figure salary, starter apartment, and independence…
Tag: U.S. economy
Arizona senator warns ‘ghost jobs’ are distorting labor data, urges probe from Trump administration
Sen. Ruben Gallego (D-Ariz.) pressed the Trump administration on Thursday to crack down on companies that…
Trump has turned the dollar into a foreign policy tool, a move economists say could backfire
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for…
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as…
Should Americans get an equity stake in AI?
Hello and welcome to Eye on AI. Beatrice Nolan here, filling in for AI editor Jeremy…
Even the ultra-wealthy are having to shop in Walmart right now, CEO John Furner says
“We do continue to see the higher-income customers coming to Walmart,” Furner told reporters during the…
Apollo chief economist says there’s ‘zero evidence’ AI is killing jobs—it’s creating them
Sløk pointed to ADP employment data as evidence, concluding that the AI spending frenzy is “stoking…
AI may already be adding billions to the economy—without showing up in the data
Hello and welcome to Eye on AI. In this edition…The AI economy has a measurement gap…Anthropic…
The worst summer job market in 80 years has teens scrambling for swimming pool and ice cream jobs
Summer jobs have been teenagers’ rite of passage for generations—from scooping ice cream and babysitting, to…
Meet America’s ‘Disillusioned’ 32%: They’re not who you think
They cut the dining out first. Then they stopped putting money away. Then came the retirement…
Why AI is raising worker productivity but not making the economy more efficient
Two curious things are happening to the economy in 2026. On one hand, economic expansion is…
Walmart CFO says shoppers skimping at the pump is ‘an indication of stress’ as the Iran war drags on
Walmart shoppers are feeling the crunch of higher prices at the pump, and it could be…
Trump’s budget cuts are hitting Native American businesses and the rural communities they support
Near Thackerville, Oklahoma, a town on the Texas border with fewer than 500 residents, what started…
For every 6 immigrants removed by ICE, one person born in the U.S. loses their job, study finds
Donald Trump said he had been given a “mandate” by the electorate when he returned to…
David Sacks says AI now accounts for 75% of US GDP growth
President Donald Trump has framed the current state of the U.S. economy as a “golden age,”…
The dark side of the American work ethic: widespread sleep deprivation, linked to obesity, depression, even early death
Many Americans are long overdue for a good nap. Their health—and that of the economy—might depend…
Zoom is handing $150K to solopreneurs as AI pushes 33 million workers to become their own boss
As AI threatens to wipe out jobs, the American dream—stable employment, a clear ladder to climb,…
Ray Dalio warns of stagflation as Fed political pressure grows
American households are already feeling the squeeze of a slower, pricier economy, a situation some observers…