All Economy
The ExplainerHarris urges a ban on price gouging: Will that keep food inflation down?With inflation on voters鈥� minds, Kamala Harris pitches a ban on grocery store price gouging. What鈥檚 behind food prices, and can her plan help?
Iran hacking Trump? AI deepfakes? Cyber side of 2024 election heats up.Recent days have seen false allegations of AI meddling, actual AI meddling, and reports of old-style hacking all involving the election campaign.聽From Iran to artificial intelligence, how big a risk is cyber chaos for the Trump-Harris race?聽
Stock sell-off spotlights Fed鈥檚 role in the economy 鈥� and the electionThe Federal Reserve is signaling a cut in interest rates to sustain economic growth. The timing means some will say it鈥檚 politically motivated.
Teen summer jobs are back. What鈥檚 behind the return of a rite of passage?Sacking groceries and scooping ice cream had been seen as a vanished rite of passage. But this year, the teen summer job is back in a big way.
FocusIn swing state Nevada, the vote may hinge on housingLow housing stock and inflation woes have put homeownership out of reach for many Americans.聽In Nevada, it could tip the presidential election.聽
Extreme weather and inflation spur perfect storm for home insuranceHomeowners insurance is more difficult to get and more expensive than ever, largely because of more frequent extreme weather events. What are homeowners鈥櫬爋ptions and long-term solutions?
Economic signals are blinking green. Why Americans are still seeing red.Jobs in the U.S. economy keep expanding and the inflation rate has largely normalized. Yet economic worries and frustrations persist. Here鈥檚 what鈥檚 keeping the public from feeling more positive about the economy.聽
First LookA fare deal: Uber and Lyft drivers to earn $32.50 per hour in Massachusetts settlementUber and Lyft drivers will earn a minimum of $32.50 per hour聽along with benefits like paid sick leave and health care stipends in a new Massachusetts settlement. The companies will pay an additional $175 million to resolve previous wage law violations.
First LookChinese EVs may be coming to the US 鈥� through MexicoChinese electric vehicle automakers may circumvent American tariffs by setting up shop in Mexico. Without U.S. government intervention, they are likely to outcompete American EV manufacturers.
Tesla shareholders approve record pay for Musk. Are pricey CEOs worth it?By approving Elon Musk鈥檚 huge pay package that was thrown out by a Delaware judge,聽Tesla shareholders聽highlight unsettled questions over CEO pay.
鈥楬ey Siri, can you win the AI race?鈥� How Apple Intelligence could be a game-changer.Apple is diving into artificial intelligence 鈥� focused on the idea of a 鈥渧irtual personal assistant.鈥� Apple Intelligence will make Siri and some iPhone 15聽models smarter 鈥� and perhaps spur sales of new gadgets.
First LookUS gas prices are falling just in time for summer travelU.S. gas prices are finally coming down, but why now? Industry analysts point to a change in demand as well as a decrease in oil prices worldwide.聽
First LookGameStock鈥檚 dizzying Wall Street ride: fast, furious, and now, familiarGameStop and meme stocks are booming once more this week. Welcome to the new age of investing, one where anyone can buy a stock with zero commissions simply by tapping a few times on a phone.
First LookAirline revenues are at a high 鈥� so why are ticket prices also expected to soar?Worldwide inflation and pandemic production delays are some of the reasons why summer airline tickets are sky-high.聽Airline revenue is estimated to reach nearly $1 trillion in 2024, a record high.
The ExplainerTired of delayed flights? New flying law offers refunds, keeps families together.Americans are expected to fly more this summer, with a spike already this Memorial Day. A new law means changes are coming for airline passengers.聽
AI could transform internet search. Even Google is disrupting its own kingdom.By rolling out AI Overview, Google is in effect competing with its own internet search results. This comes as lawsuits and AI rivals threaten Google鈥檚 dominance.
First LookAfter GameStop debacle, Roaring Kitty is back 鈥� and meme stocks soar once moreGameStop stocks had a meteoric climb this week in a moment reminiscent of 2021 and some say Roaring Kitty may be behind it all. But this time Wall Street isn鈥檛 caught off guard.
With vote at Alabama plant, UAW challenges South鈥檚 antiunion tiltIf Mercedes employees in Alabama vote to join the United Auto Workers, it may signal a power shift in America鈥檚 most union-resistant region.聽
In this Spanish town, capitalism actually works for the workersMondrag贸n, Spain, is the home of an innovative cooperative that uses capitalism to provide a different and more equitable vision of economic success.
AI may take away jobs 鈥� but it鈥檚 creating some, tooThe impact of AI on America鈥檚 economy is more limited than previously thought. Some now say it could help low-skill workers be more productive.