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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 28, 2026

NPR Newsroom Shrinks Amid Buyouts and Layoffs to Address Financial Shortfalls

NPR's newsroom is shrinking with 10 layoffs and 18 buyouts, aiming to save $8 million. The cuts follow federal funding reductions and impact public radio stations.

Economy

May 28, 2026

US Tipping Culture’s Global Spread Sparks Debate and Irritation Abroad

US tipping culture's expansion beyond its borders is causing friction in countries like Iceland and the UK, as digital payment systems prompt customers for...

Economy

May 28, 2026

CVS Restores Zepbound Coverage, Adds Eli Lilly’s Foundayo to Standard Drug Plans

CVS Health announced it will restore coverage for Eli Lilly's Zepbound and add its new obesity pill, Foundayo, to standard drug plans, impacting millions...

Economy

May 28, 2026

The £5 Coffee: A Microcosm of Global Economic Turmoil

The escalating price of coffee, from a £5 latte in London to US chains, reflects a complex web of global economic issues including inflation,...

Economy

May 28, 2026

Brookings Report: Americans Face Affordability Crisis as Wages Stagnate Against Rising Costs

A new Brookings report highlights that stagnant wages, not just inflation, are pushing millions of American households toward financial precarity.

Economy

May 28, 2026

UK Faces ‘Lost Generation’ Crisis: Young People Out of Work Costing Economy £125 Billion Annually

A new report warns that young people out of work or training are costing the UK £125 billion annually.

Economy

May 28, 2026

New York City Passes Pied-a-Terre Tax on Luxury Second Homes

New York City has passed a new tax on luxury second homes valued at $1 million or more.

Economy

May 28, 2026

DOJ Charges Google Engineer with Insider Trading on Prediction Market

A Google engineer has been charged with fraud for allegedly using confidential company data to place bets on the prediction market platform Polymarket, netting...

Economy

May 28, 2026

Kohl’s Stock Surges 20% as Retailer Reports Strongest Comparable Sales Growth in Four Years

Kohl's stock jumped 20% after reporting its best comparable sales growth in four years.

Economy

May 28, 2026

Trump’s Gas Tax Holiday Proposal Faces Deeper Issues with Highway Funding

President Trump's proposed gas tax holiday offers minimal savings while threatening vital highway infrastructure funding, exposing the federal gas tax's long-standing financial crisis.