Economy

United States President Donald Trump

Trump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025

Exclusive: The year-on-year inflation increase equates to an added cost of $2,120 per household, assuming they purchased the same goods and services in 2025 that they bought in 2024. That includes an increase of $123 on electricity bills and $150 on groceries.

By Eleanor Pringle

January 30, 2026

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FILE—Senate Minority Leader Chuck Schumer, D-N.Y., waits to speak to reporters following a closed-door meeting with fellow Democrats on spending legislation that funds the Department of Homeland Security and a swath of other government agencies as the country reels from the deaths of two people at the hands of federal agents in Minneapolis, at the Capitol in Washington, Wednesday, Jan. 28, 2026. (AP Photo/J. Scott Applewhite, File)

Federal government heads for weekend shutdown after Trump makes rare deal with Senate Democrats over DHS funding

By Mary Clare Jalonick, Lisa Mascaro, and others

A photo of Alex Pretti is displayed during a vigil for Alex Pretti by nurses and their supporters outside VA NY Harbor Healthcare System, Thursday, Jan. 29, 2026, in New York. (AP Photo/Yuki Iwamura)

Justice Department opens a federal civil rights probe into the killing of Alex Pretti, with FBI leading the investigation

By Michael Biesecker, Rebecca Santana, and others

FILE – Documents that were included in the U.S. Department of Justice release of the Jeffrey Epstein files are photographed Friday, Jan. 2, 2026. (AP Photo/Jon Elswick, File)

Latest Epstein files detail contact with Howard Lutnick, Steve Bannon and Goldman Sachs lawyer

By Eric Tucker, Michael R. Sisak, and others

In this handout, the mug shot of Jeffrey Epstein, 2019.

Elon Musk and Jeffrey Epstein emailed each other for years trying to meet up, new Justice Department records show

By Eva Roytburg and Sasha Rogelberg

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Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025.

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

By Eleanor Pringle

January 30, 2026

christian sewing touches his glasses

German prosecutors’ raid on Deutsche Bank hurts the lender’s attempts to leave its long history of compliance failures in the past

By Lily Mae Lazarus

January 30, 2026

Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters

Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters

By Angelica Ang

January 30, 2026

Claude 4 illustration

Top engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs

By Beatrice Nolan

January 29, 2026

$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’

$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’

By Nick Lichtenberg

January 29, 2026

bessent

Bessent accuses Carney of ‘virtue signaling’ after his big speech at Davos, with divorce between Canada and America in the air

By Nick Lichtenberg

January 29, 2026

Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire

Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire

January 29, 2026

vietnam

EU moves closer to another major Asian power on trade, upgrading ties with Vietnam

By Aniruddha Ghosal and The Associated Press

January 29, 2026

powell

Jerome Powell says economy has ‘clearly improved’ since December as he defends rate pause

By Christopher Rugaber and The Associated Press

January 29, 2026

trump

Trump is driving capital out of capitalism

By Andrew Behar

January 29, 2026

powell

Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted

By Eva Roytburg

January 29, 2026

Innes McFee, CEO of Oxford Economics.

Get used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsize benefit for the wealthy

By Eleanor Pringle

January 29, 2026

The $600 billion wave of AI ‘capex’ growth boosting stocks is about to slow down, analysts warn

The $600 billion wave of AI ‘capex’ growth boosting stocks is about to slow down, analysts warn

January 29, 2026

A Microsoft data center under construction in Aldie, Virginia, on Tuesday, Oct. 28, 2025.

‘The new politics of electricity’: Utilities seek $31 billion in hikes as voters revolt over soaring bills

January 29, 2026

galle

Personal Finance

California billionaires’ revolt over a wealth tax is ‘nonsense,’ architect says. A 1% annual tax won’t doom anyone’s business

By Nick Lichtenberg

January 29, 2026

Fed Chair Jerome Powell stands at podium and talks

Jerome Powell says Fed independence isn’t lost … yet. ‘I certainly hope we won’t’ lose it

January 28, 2026

troops

The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds

By Nick Lichtenberg

January 28, 2026

bessent

Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market

By Nick Lichtenberg

January 28, 2026

Kalshi maintains a ‘perfect forecast record’ in predicting Fed rate decisions, beating professional forecasters, study finds

January 28, 2026

Federal Reserve Chairman Jerome Powell walks between meetings at the Fed on January 13, 2026 in Washington, DC.

Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs

By Eva Roytburg

January 28, 2026

southwest

50-year tradition of Southwest Airlines letting you choose your own seat comes to an end

By Rio Yamat and The Associated Press

January 28, 2026

trump

Trump’s tariffs remain in the balance nearly 3 months after Supreme Court heard challenge

By Mark Sherman, Lindsay Whitehurst and The Associated Press

January 28, 2026

carney

‘I meant what I said in Davos’: Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals

By Rob Gillies and The Associated Press

January 28, 2026

Photo: President Trump.

Gold is going up because Trump is talking down the dollar, feeding ‘the narrative of relative U.S. decline,’ UBS fears

January 28, 2026

reem

How to fight child hunger in a time of foreign aid cuts

By Reem Alabali Radovan, Rajiv J. Shah and Mads Krogsgaard Thomsen

January 28, 2026

Fed favorite Rick Rieder manages a $2.4 trillion BlackRock portfolio—and knows more about the bond market than anyone in America

Fed favorite Rick Rieder manages a $2.4 trillion BlackRock portfolio—and knows more about the bond market than anyone in America

January 28, 2026

Photo of Sarah Friar

OpenAI CFO Sarah Friar: There’s a ‘mismatch’ between AI’s abilities and the value companies are capturing

By Sheryl Estrada

January 27, 2026

View of an estate in Florida

Americans are still ditching New York and L.A. at alarming rates, but Miami’s on the list now, too

By Nick Lichtenberg

January 27, 2026

President of France Emmanuel Macron speaks during an ambassadorial event in Paris.

Before California, France tried a wealth tax. Macron repealed it after rich people fled the country instead of paying

By Tristan Bove

January 27, 2026

traders

Wall Street flirts with record high as GM, UnitedHealth report earnings

By Stan Choe and The Associated Press

January 27, 2026

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