Breaking News: Economy
Iran war threatens to scramble the ‘affordability’ midterm
U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm was always supposed to be about affordability. Then, the bombs began falling in Iran. The expanding […]
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Inside the booming business of wellness third spaces and membership clubs
A few years ago, Grace Guo began to crave places in New York City where hanging out with friends didn’t have to involve alcohol. Newly sober and surrounded by friends who also chose not to drink, Guo said she wanted alternatives to the typical social scene. After some research, she landed on Bathhouse and Othership: […]
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Fed Governor Miran says job losses in February add to the case for more interest rate cuts
Key Points Federal Reserve Governor Stephen Miran said in a CNBC interview on Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. If Miran had his way, the rate would be around neutral, which he deems to be about a full percentage point lower. Source
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Analysis: Tough jobs report puts Trump’s Iran war plans to the test
A difficult jobs report comes at a tough time for the White House. Gas prices are rising due to the war in Iran, while stock market turmoil is making savers and retirees antsy about the state of their 401(k)s. Data released Friday showing a loss of 92,000 jobs in February will put pressure on the […]
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U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%
Pacific Gas & Electric (PG&E) workers make repairs to an underground pipe on September 05, 2025 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images The U.S. economy lost jobs in February, a month marred by severe winter weather and a strike at a major health care provider, the Bureau of […]
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United Airlines CEO: Fuel spike will hit results, but travel demand hasn’t taken ‘even a tiny step back’
Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty Images BOSTON — United Airlines CEO Scott Kirby said the spike in fuel prices since the U.S. and Israel attacked Iran on Saturday will have […]
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UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ
The Damac Heights real estate development, right, in the Dubai Marina in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images The United Arab Emirates is considering cutting off Iranian access to billions of dollars held in the Gulf state, the Wall Street Journal reported Thursday. The move could […]
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Stocks making the biggest moves after hours: Costco, Marvell Technology, Gap & more
Check out the companies making headlines in after-hours trading. Costco Wholesale — Shares of the big-box retailer dipped less than 1% in the after-hours session. Costco reported $4.58 cents per share in earnings on revenue of $69.6 billion in the fiscal second quarter, while analysts polled by LSEG expected $4.56 cents per share in earnings […]
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Op-ed: What $5 billion humanoid robots taught me about risk, jobs and the future of the economy
An Apollo humanoid robot prototype, made by Apptronik Inc., demonstrates its dexterity during a media day at the Mercedes-Benz Digital Factory Campus in Berlin, Germany on Tuesday, March 18, 2025. Bloomberg | Bloomberg | Getty Images Recently, Apptronik announced a $520 million funding round at a valuation north of $5 billion, with Alphabet‘s Google DeepMind […]
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Iran war threatens $11.7 trillion global travel industry as passengers get caught in crossfire
Zoey Gong, a Chinese medicine food therapist, was days away from boarding an Emirates flight from Paris to Shanghai via Dubai, United Arab Emirates, when the U.S. and Israel attacked Iran on Saturday. Gong, 30, had her flight plans derailed as a result, and she told CNBC that she had to pay $1,600 to get […]
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