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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 10, 2026

Companies Profiting from Geopolitical Instability Amid Iran Conflict

While global households grapple with the escalating costs associated with the ongoing conflict involving Iran, certain corporations are experiencing substantial profit increases.

Economy

May 10, 2026

Tens of Millions May Be Owed IRS Refunds from COVID-Era Declarations

A significant number of American taxpayers, potentially in the tens of millions, may be eligible for refunds or reduced penalties and interest from the...

Economy

May 10, 2026

Rising Gas and Grocery Prices Strain Families and Those Who Help Them

Dalene Basden, who has dedicated over three decades to assisting families with special needs children in Lynn, Massachusetts, is now experiencing financial strain that...

Economy

May 10, 2026

US Jobs Data Exceeds Expectations for Second Consecutive Month

The United States economy demonstrated robust hiring in April, adding 115,000 jobs.

Economy

May 10, 2026

McDonald’s Tops Q1 Estimates Amidst Growing Consumer Spending Concerns, CEO Says

McDonald's reported first-quarter earnings and revenue that surpassed analysts' expectations, even as CEO Chris Kempczinski expressed concerns about the current consumer spending environment.

Economy

May 10, 2026

Petrodollar Regime Faces Questions Over Its Future and U.S. Influence

The global oil market has supported the U.

Economy

May 10, 2026

Oil Prices Drop and Stock Markets Rise After Reports of Deal to End Iran War

Oil prices have experienced a notable decline, and global stock markets have seen a significant upswing, following reports indicating that the United States and...

Economy

May 10, 2026

States Crack Down on Tax Break for Wealthy Investors

A significant tax incentive designed to foster entrepreneurship and investment in startups, known as qualified small business stock (QSBS), is facing increased scrutiny and...

Economy

May 10, 2026

Gas Prices Keep Rising as Big Oil Holds Back on New Drilling

Gasoline prices are rising, but big oil companies don’t plan to increase drilling.

Economy

May 10, 2026

Shell Reports Significant Profit Increase Driven by Geopolitical Tensions and Oil Price Volatility

Shell has announced a substantial rise in its profits for the first quarter of the year, reporting $6.