Economy News

Deutsche Bank's economics chief Jim Read called out huge tech valuations and said the US economy is now in the "snipers' alley of recessions."

Discover how potential interest rate cuts could help homeowners with high-interest mortgages save on monthly payments.

The typical overemployed worker is a millennial male tech employee who's making up to six figures annually.

Most Americans worry they won't be able to pay expensive medical bills if they experience an emergency, and it's impacting their economic outlook.

The author.Cork Gaines/Business Insider Despite a thriving US economy, many Americans feel it is worse than the reality. For...

Jane, a boomer, didn't budget for helping out her two 20-something kids during retirement, so she decided to go back to work.

About 73% of graduates who don't find college-level jobs in their first working year stay underemployed 10 years later, a new joint report said.

JPMorgan CEO Jamie Dimon, Bridgewater Associates founder Ray Dalio, and BlackRock chief Larry Fink have also cited similar concerns.

The Fed has so far been able to pull inflation lower without crushing economic growth—but the months ahead will present a new test.

Starla, a single mother, is struggling to make ends meet driving for Uber Eats and Amazon Flex and has had to donate plasma to pay her bills.

Mortgage rates are expected to drop this year, bringing sellers back to the market and slowing the pace of home-price rises, Mark Fleming told Fortune.

The US was the second-largest investor in the energy transition in 2023, after China, according to BloombergNEF. The race to clean up the global economy is becoming competitive.

Companies with strong profits are letting workers go to prove to Wall Street that they're serious about cutting costs and becoming more efficient.

"The worst-case scenario for the Fed would be to actually, I think, cut rates, the economy gets stronger, and inflation comes back," Eisman said.

Federal Reserve researchers flagged lofty asset valuations, commercial real estate pressures, vulnerable banks, and cash-strapped consumers as concerns.

TikTok is full of videos of millennials being blindsided by massive increases in rent that they can no longer afford.

A Wisconsin Uber driver says he needs to work inconvenient hours to make money: "If you don't want to drive, that's probably when you should be driving."

The US is facing a credit card debt crisis as balances and delinquencies soar.

China is one of the most unaffordable places in the world to raise a child, ranking higher than the US and Japan, per Yuwa Population Research.

Russia has to pay intermediary fees to banks in China, Turkey, and Central Asia even if they are willing to transact in the face of Western sanctions.

A Gen Zer earned up to $40 an hour as an Uber Eats and DoorDash driver in winter. He said he'll pick up your order only if there's an upfront tip.

Biden announced student-loan forgiveness for the first batch of borrowers to benefit from the shortened timeline for relief under the SAVE plan.