If you asked Santa for a break at the gas pump, you may get your Christmas wish

Dec 7, 2022
It's not the most wrappable holiday gift, but it's a popular one. Here's why we're seeing a dip in oil prices.
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Consumers are worried about the economy. They're also spending up a storm.

Nov 30, 2022
They don't like the inflation rate, but they do like the current job market.
The strong job market is keeping consumers’ wallets open, despite high prices and concerns about a possible upcoming recession.
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When graduating into a recession actually makes you happier

Nov 11, 2022
Some research suggests the "scarring" experienced by young workers during a recession has a silver lining: happiness later in life.
While research suggests that graduating into a recession hampers future employment and wages, it can also bring about longer-term happiness.
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Following Election Day, the economic story so far

Nov 9, 2022
Where the votes go could determine how investors — and their portfolios — could look at the U.S.
Voting booths are seen at Glass Elementary School's polling station in Eagle Pass, Texas, on November 8, 2022.
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The latest GDP report shows the economy's growing — and that trouble's ahead

Oct 27, 2022
Rising interest rates plus a strong dollar equals stiff economic headwinds.
While Thursday's GDP report is a positive, it looks backward, and the economy is facing powerful headwinds. 
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What the stock market is signaling about the future of the economy

Oct 19, 2022
The ups and downs of the stock market don't always predict the future of the economy. But stocks can give us some clues about where investors think the economy is headed.
Higher interest rates have been a drag on stocks this year.
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Microsoft layoffs may signal a broader tech downturn

Oct 18, 2022
Other tech companies are also cutting jobs and scaling back recruitment after years of rapid hiring.
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For public good, not for profit.

Nobel Prize in economics goes to trio focused on understanding, averting financial crises

The winners: former Fed Chair Ben Bernanke, Douglas Diamond of the University of Chicago and Philip Dybvig of Washington University.
Hans Ellegren, center, of the Royal Swedish Academy of Sciences, and Tore Ellingsen, left and John Hassler of the Nobel Prize economics committee, announce the winner in Stockholm on Monday.
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Nearly all major U.S. CEOs expect a recession in the next 12 months, new survey shows

Just one-third of those surveyed expect that recession to be minimally painful and brief.
Most U.S. CEOs think a recession is coming, according to a survey from KPMG.
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Companies plan to hire fewer seasonal workers this year

Sep 22, 2022
Retailers are worried that inflation and fear of a potential recession will impact holiday spending.
Walmart said it plans to hire 40,000 seasonal workers for the holidays this year. It brought on 150,000 in 2021.
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