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Economy

25 articles · Page 2 of 3

Student Loan SAVE Plan Ends July 1: Millions Face Deadline
Economy

Student Loan SAVE Plan Ends July 1: Millions Face Deadline

The Biden-era SAVE plan ends July 1. Some 7 million borrowers have 90 days to choose a replacement or face automatic enrollment in the least flexible repayment option available.

June 11, 2026·10·0
May Inflation Hits 4.2%, Highest Reading Since April 2023
Economy

May Inflation Hits 4.2%, Highest Reading Since April 2023

May CPI came in at 4.2% year-over-year Tuesday, the highest inflation reading in three years, driven by energy costs and tariff-inflated goods prices ahead of the June Fed meeting.

June 10, 2026·9·0
May Jobs Report Adds 172,000 Positions, Crushes Forecasts
Economy

May Jobs Report Adds 172,000 Positions, Crushes Forecasts

May's 172,000 new jobs—more than double forecasts—signal a resilient labor market heading into summer, but wage growth still trails inflation nationwide.

June 9, 2026·16·0
World Cup 2026 Boosts US Hosts With Record Tourism and Spending
Economy

World Cup 2026 Boosts US Hosts With Record Tourism and Spending

FIFA's expanded 48-team World Cup kicks off Thursday, with economists projecting over $5 billion in direct visitor spending across U.S. host cities.

June 9, 2026·10·0
Hormuz Shutdown Drives US Gas Prices Above $4 a Gallon
Economy

Hormuz Shutdown Drives US Gas Prices Above $4 a Gallon

The Strait of Hormuz blockade has pushed the national gas price average to $4.17 a gallon, and analysts warn the cost could climb further through the summer driving season.

June 8, 2026·15·0
May Payrolls Double Forecasts, Rattling Fed Rate-Cut Plans
Economy

May Payrolls Double Forecasts, Rattling Fed Rate-Cut Plans

The U.S. added 172,000 jobs in May—double analyst forecasts—pushing Treasury yields to 4.54% and throwing cold water on hopes for near-term Federal Reserve rate cuts.

June 8, 2026·15·0
US Housing Market Faces Foreclosure Wave as Rates Hold Firm
Economy

US Housing Market Faces Foreclosure Wave as Rates Hold Firm

Stalled home prices and a foreclosure surge are rewriting the US housing market in 2026. Experts say there is no rebound coming before the end of the year.

June 8, 2026·15·0
Tariffs Are Crushing Small US Businesses, Senate Panel Finds
Economy

Tariffs Are Crushing Small US Businesses, Senate Panel Finds

A Senate Joint Economic Committee report says small businesses could face more than $500,000 in tariff costs in 2026, with businesses under 10 employees reporting their worst year for job losses since records began.

June 7, 2026·14·0
May Jobs Report Defies Slowdown Fears as Fed Stays Firm
Economy

May Jobs Report Defies Slowdown Fears as Fed Stays Firm

US payrolls grew at double last year's pace in Q1, job openings hit 7.1 million, and wages rose 3.5%—but the Fed is signaling no rate cuts until 2027 at the earliest.

June 7, 2026·16·0
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