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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 7, 2026

New York Fed Study Reveals Disproportionate Impact of Gas Price Surges on Low-Income Households

A recent analysis conducted by the Federal Reserve Bank of New York indicates that escalating gasoline prices are exerting a significantly heavier burden on...

Economy

May 6, 2026

Anthropic CEO Warns of Cyber ‘Moment of Danger’ as AI Uncovers Thousands of Vulnerabilities

Anthropic CEO Dario Amodei has issued a stark warning, highlighting a critical six- to 12-month window for the global technology sector, governments, and financial...

Economy

May 6, 2026

Chevron CEO Warns of Global Oil Shortages and Economic Slowdown Amid Strait of Hormuz Closure

Chevron CEO Mike Wirth has issued a stark warning regarding the global oil supply chain, predicting that physical shortages will begin to emerge worldwide...

Economy

May 5, 2026

Bessent Disputes Iran $14B Sanctions Claim as DNC Talking Point

Treasury Secretary Scott Bessent pushed back Wednesday after Sen.

Economy

May 5, 2026

US National Debt Exceeds Economy’s Size for First Time Since WWII

The United States national debt has now surpassed the size of the nation's economy, marking a significant fiscal milestone not seen since the period...

Economy

May 5, 2026

Officials Warn of Banking Spoof Calls Leading to Customer Account Drain

Authorities are issuing urgent warnings to consumers regarding a sophisticated scam involving "spoof" phone calls that are successfully tricking bank customers into draining their...

Economy

May 5, 2026

AAA Tests Reveal Significant Range Loss for Electric Vehicles in Extreme Temperatures

Electric vehicles, much like humans, perform optimally within a moderate temperature range, ideally between 65 and 75 degrees Fahrenheit.

Economy

May 5, 2026

US Strikes Iranian Fast Boats Amidst Attacks on UAE Oil Facility

According to BBC reporting and official statements cited in the report, the United States military has engaged and struck seven Iranian "fast boats" in...

Economy

May 5, 2026

Pentagon Says U.S. Military Will Become an AI-First Fighting Force

The US military is set to significantly increase its utilization of artificial intelligence (AI) following the Pentagon's agreement to new and expanded contracts with...

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...