Economy News

Russia's plans to spend even more on its war in Ukraine could set up the economy for high inflation and a deteriorating quality of life.

Taxpayers in 13 states may be able to try out the IRS's new free filing pilot in 2024.

If the education secretary does not implement the new student-debt relief plan early, borrowers would not see loan forgiveness until July 2025.

Boomers hold half of America's wealth — but they're going to spend it on themselves before their kids have a chance to inherit their money.

As the war between Israel and Hamas continues, Biden announced humanitarian aid for Palestinian civilians caught in the middle of the conflict.

The probability of a recession dipped below 50% for the first time since mid-2022, according to a Wall Street Journal survey of economists.

The typical worker using ChatGPT is a millennial, using it for writing tasks, not telling their bosses, and is a bit worried AI will replace them.

Focusing your energy on everyday work during hard times can make real-world problems feel like a dystopia.

The IRS says Microsoft owes nearly $29 billion in back taxes. It might signal a widespread practice.

Financial pressure from several different fronts has most Americans feeling behind on their retirement and like they will have to delay its start.

India has extended the restrictions on the export of sugar beyond October 31, 2023, and until further orders, according to a notification by the Directorate General of Foreign Trade issued on Wednesday. The restriction is, however, not applicable to sugar being exported to the EU and the US under the concession (CXL) and TRQ quota as was announced last year.

The Centre on Wednesday said more than Rs 75,000 crore investment is likely to be attracted in the food processing sector during the second edition of the World Food India to be held from November 3-5 in the national capital. PM Narendra Modi may inaugurate the event at Pragati Maidan.

Gig drivers for platforms like Uber and DoorDash tend to be millennials, low-income, and using it as their main source of income.

As the war between Israel and Hamas continues, Trump and DeSantis said they would ban Gaza refugees from entering the US if they become president.

Isolated, cash-strapped young adults are looking for cheaper alternatives to romance and increasingly turning to social outings with friends.

The lowest-income Americans are spending 80% of their total expenditures on essentials like housing and food.

A Lean In and McKinsey & Company report found fewer entry-level women than men were promoted based on data from over 200 companies.

Now is a great time to buy bonds, using the "safe" investment strategy often suggested to older Americans. Interest rates are high and may have peaked.

New York City released its Artificial Intelligence Action Plan on Monday setting policies to avoid bias and improve government services.

There are growing fears that the war in Israel will escalate and the US and Iran get more involved.

Diesel prices have surged 18% from July to September, and that's worsened financial stress for trucking companies, a new report said.

Reps. Rashida Tlaib, Cori Bush, and Alexandria Ocasio-Cortez later joined other Democrats in calling for a ceasefire in Israel and Palestine.