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Economy

Macro stories that shape growth, inflation, labor markets, household spending, public budgets, and investor expectations.

Inflation and rate path Growth and labor-market momentum Consumer demand and credit pressure

Economy

May 5, 2026

Lawyers to the Wealthy Warn AI Legal Advice Carries Serious Risks

Lawyers catering to affluent clients are increasingly encountering a new challenge: their clients are using artificial intelligence chatbots like ChatGPT and Claude to analyze...

Economy

May 5, 2026

World Cup Hotel Bookings Lagging Behind Expectations, Industry Survey Reveals

With the highly anticipated 2026 FIFA World Cup just weeks away, a significant portion of hotels in host cities are reporting booking numbers that...

Economy

May 5, 2026

The Real Greek Restaurant Chain Acquired by Cote Brasserie Owners

The Real Greek, a popular Mediterranean restaurant chain, has been rescued from potential collapse through an acquisition by the owners of Cote Brasserie.

Economy

May 5, 2026

FedEx, UPS to Refund Customers Following Supreme Court Tariff Ruling

Logistics giants FedEx and UPS have announced their intention to return tariff refunds to their customers, a move prompted by a recent Supreme Court...

Economy

May 5, 2026

Algorithms Disrupt Schedules and Pay for Hourly Workers, Fueling Unionization Efforts

Hourly workers across various sectors are facing significant instability in their work schedules and earnings due to the increasing adoption of sophisticated software by...

Economy

May 5, 2026

Trump Says He Will Raise Tariffs on EU Cars to 25%

Donald Trump is increasing the tariffs charged on cars and trucks imported from the European Union to 25% in a sharp escalation of trade...

Economy

May 5, 2026

Spirit Airlines Ceases Operations, Leaving Travelers to Navigate New Arrangements

Spirit Airlines, a prominent budget carrier recognized for its distinctive yellow aircraft and a business model built on low base fares supplemented by numerous...

Economy

May 5, 2026

An inevitable rise in Chinese-made EVs in America?

Despite a rare consensus between Democrats and Republicans on U.

Economy

May 5, 2026

UAE’s Departure from OPEC: A Shift in Global Oil Influence

The United Arab Emirates (UAE) has signaled its intention to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that analysts suggest...

Economy

May 5, 2026

GLP-1 Drugs Fueling Growth in Hair Treatment Market as Users Seek Solutions for Hair Loss

The widespread adoption of GLP-1 drugs, initially celebrated for their significant weight-loss benefits, is now creating a burgeoning market for hair treatment products.