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Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.

In February 2023, Putin publicly rejected the idea that Russia was focusing on "guns instead of but…

Matthew Loh   


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A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says

A Trump win would likely come with a host of inflationary policies that would make it difficult for…

Kelly Cloonan   


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A retiree says $1,620 monthly Social Security isn't enough to live on, but she's worried about draining her savings too early

Elizabeth McCoy, 61, is struggling with expenses in central Indiana. High medical bills might force…

Allie Kelly   


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Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.

Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…

Ayelet Sheffey   


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A Nevada mayor is battling one of the worst housing shortages in the US. Her solution: looser construction regulation.

Nevada is one of the most unaffordable places in the country. The mayor of Reno says cities need to…

Eliza Relman   


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We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.

From recent high school graduates to retirees in their 70s, readers shared with BI their frustratio…

Noah Sheidlower,Jacob Zinkula…   


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Barbecue, bingo, and bipartisan partying: How America is preparing for election night

Bars, venues, and delivery services are prepping for a big night, and trying to keep it bipartisan.

Juliana Kaplan   


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Russia's defense sector is running on overdrive — but firms are warning of bankruptcy

Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…

Thibault Spirlet   


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Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says

Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…

Jennifer Sor   


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The US added very few jobs in October after hurricanes and strikes shook the economy

The final jobs report before the presidential election showed October's job growth was less than th…

Madison Hoff   


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How the cost of childcare is expected to change under Trump or Harris

BI looked at Harris and Trump's past track records and proposed policies to see how the election co…

Allie Kelly   


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Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.

Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…

Filip De Mott   


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A Gen Xer was tired of balancing 2 jobs and earning under $50,000 a year so he went back to school. The decision 'changed his life,' he said.

A Gen Xer went back to college at age 36 to boost his pay. Today he's got a master's degree and is …

Jacob Zinkula   


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The US economy is in for a double shock if Trump is elected president, Nobel economist Paul Krugman says

Trump is proposing two policies that could result in a double-shock for the US economy, according t…

Jennifer Sor   


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The US is on the cusp of a lithium boom to loosen China's grip on EVs

The Biden administration is encouraging US lithium mining through a mix of loans, grants, and tax b…

Catherine Boudreau   


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Bringing manufacturing back to the US is a $10 trillion opportunity for the economy, Morgan Stanley says

Bringing industrial production back to the US could restore growth to the manufacturing sector afte…

Jennifer Sor   


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Arizona is the epicenter of the debate over how Trump's mass deportation plan would hit the economy

The mass deportations former president Donald Trump is proposing could reshape labor markets, strai…

Noah Sheidlower   


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US economic growth came in slightly under expectations but consumer spending remains strong

While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …

Madison Hoff   


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China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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Millennials are turning 40 — and it's freaking them out

Millennials, a generation defined by their youth, are no longer young. That's causing many of them …

Emily Stewart   


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The Fed is likely to disappoint markets with just one more rate cut this year amid global inflation, BlackRock CEO says

BlackRock CEO Larry Fink said the Fed will cut rates just once more this year amid sticky inflation…

Kelly Cloonan   


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China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says

China is weighing additional stimulus that would increase if Trump wins the US election. The candid…

Kelly Cloonan