Economy

The AI investment wave is translating directly into orders at American factories.

The cost of living stands as the top financial problem for Americans, an April 2026 Gallup survey revealed.

Failed vice presidential candidate Tim Walz, the governor of Minnesota, is now taking credit for cracking down on fraud in his state despite dismissing critics months ago for “politicizing the issue” in a stunning evolution all around.

A Stanford microbiologist was shaken when an AI chatbot outlined a detailed plan for a biological attack on mass transit systems during a safety test last summer.

The central bank has maintained its benchmark interest rate target at a range of 3.5 percent to 3.75 percent since its last cut in December. 

New York City Mayor Zohran Mamdani outlined a widening fiscal gap facing the city and emphasized the need for additional revenue and state-level changes, as officials moved to delay a key budget deadline amid ongoing negotiations.

Elon Musk, the tech tycoon who has made himself a significant player in the AI boom, took the witness stand Tuesday in a closely watched federal trial that pits him against former allies Sam Altman and Greg Brockman in a dispute over the future direction of OpenAI and AI development in general.

The Supreme Court will review Trump’s decision to end the Temporary Protected Status quasi-amnesty awarded to Haitian migrants by Biden. 

Orders for core business equipment posted their largest monthly increase since the summer of 2020, the Commerce Department reported Wednesday, driven by surging demand for computers and electronic products as companies continue to pour money into artificial intelligence.

12 months on from the historic power cut, no politician or businessmen has taken responsibility, never mind resigned, over the blackout.

On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Sean Casten (D-IL) responded to Energy Secretary Chris Wright touting energy exports by saying, “That sounds like the energy policy of Angola, right? If you’re praising that we can dig holes

Google has joined other major technology companies in signing an agreement with the Department of War to provide AI models for classified government operations, according to a report from The Information.

The United Arab Emirates (UAE) announced on Tuesday that its 59 years of membership in the Organization of the Petroleum Exporting Countries (OPEC) will come to an end, effective May 1.

The founder of a software company has issued a public warning after an AI coding assistant erased his company’s entire production database and all backups in just nine seconds.

As more and more people shop online, the ongoing wipeout of brick-and-mortar retail stores will continue.

Consumer confidence rose in April to the best level of the year, as consumers took a more optimistic view of the jobs market and their income prospects.

Establishment oracle George Will has reversed himself after a career of praising mass migration, dating back to the Reagan administration. 

This Wednesday could be one of the most consequential days in the Federal Reserve’s recent history.

A bill to fight against diversity, equity, and inclusion (DEI) discrimination by prohibiting federal agencies from awarding contracts on the basis of race or sex has been introduced by Sen. Mike Lee (R-UT), who stated that his goal is to “restore merit-based partnerships” in government contracting.

Jury selection begins Monday in Oakland for a federal civil trial pitting tech tycoon Elon Musk against OpenAI CEO Sam Altman in a dispute that could reshape the AI industry.

Sen. Thom Tillis said Sunday he would end his weeks-long blockade of the nomination.

Nike announced it will be enacting roughly 1,400 layoffs globally as it continues to suffer an ongoing downturn in sales.

The Senate Banking Committee next week will vote to advance Kevin Warsh, President Donald Trump’s nominee to become Federal Reserve chairman.

Hedge fund CEO Ken Griffin is reportedly considering backing out of a $6 billion project in New York City, as NYC Mayor Zohran Mamdani mentioned Griffin’s penthouse in a tax the rich video.

Members of the screenwriters union overwhelmingly ratified a four-year agreement with Hollywood studios and streamers on Friday, bringing an end to a surprisingly smooth and quick process that brought a prolonged strike the last time around.

The winery co-owned by Rep. Ilhan Omar’s (D-MN) husband has ceased operations as government officials are investigating their family wealth, even though Omar has pushed back on claims she was rich.

On Friday’s broadcast of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” Sen. Dave McCormick (R-PA) criticized the prospect of a government bailout of Spirit Airlines in exchange for a stake in the company by saying, “I think it’s going

On Friday’s broadcast of “CNN News Central,” Rep. Gil Cisneros (D-CA) claimed that for “the last few presidents,” “It has been Democratic presidents always pulling a Republican economic crisis from the ground up, curing it and taking care of it.”

A partner at the prestigious Wall Street law firm Sullivan & Cromwell has issued a formal apology to a federal bankruptcy judge after discovering that a court filing contained numerous fabricated legal citations and other errors generated by AI.

Microsoft has announced a voluntary buyout program for longtime employees in the United States, impacting thousands of older and more experienced workers as the company hopes to trim its payroll without conducting a layoff.

During a town hall with New York City Mayor Zohran Mamdani (D) that aired on Friday, MS NOW host Chris Hayes said that “the right has been freaking out” over Mamdani’s city-owned grocery store proposal that has “been tried in

We still do not definitively know when Kevin Warsh’s nomination will move forward, but a floor vote in the Senate prior to May 15—when the current Fed chair’s term expires—is no longer out of the question.