Latest Stories

Latest Stories

Business investment, part of GDP, reflects the level of optimism

Jul 22, 2024
Whether it’s new machines for a factory or better software to manage payments, companies spend because they see opportunities.
Businesses invest in growth because they see opportunities for profit.
Mario Tama/Getty Images

When businesses run standardized software, small problems can quickly grow

Jul 22, 2024
A flaw in a core piece of popular software can cause widespread problems, as was the case Friday. 
There are legitimate reasons why firms and entire sectors might use the same cybersecurity software.
Getty Images

What the bond market's telling us, and not telling us, about President Biden's withdrawal

Jul 22, 2024
The market is especially tuned in to whether we will have a divided government after the elections.
If Kamala Harris, left, becomes the Democrats' candidate and discusses her economic policies during the campaign, the bond market may take notice. But many investors don't expect either party to reduce the country's debt.
Kevin Dietsch/Getty Images

Rising sea level will affect 2 million in U.S. by 2050, analysis finds

Jul 22, 2024
That puts at least 1,100 pieces of critical infrastructure at risk, according to the Union of Concerned Scientists.
The homes on Broad Beach are wet with ocean spray during a January high tide in Malibu.
Courtesy Michael Quill

What will Biden's economic legacy be?

There were legislative accomplishments, like the Inflation Reduction Act and the CHIPS Act. But there was also elevated inflation.
Andrew Caballero-Reynolds/AFP via Getty Images

It's easier now to pull emergency money from a retirement account

You can take out up to $1,000 without penalty if your employer offers the option, thanks to a recent law.
A new federal law makes it easier to pull money from retirement accounts in financial emergencies.
Margarita Orlovskaia/Getty Images

Fact-checking the economic claims in Donald Trump’s convention speech

Alan Rappeport, economic policy reporter at The New York Times, examines the former president's assertions about inflation, taxes and energy.
Alex Wong/Getty Images

For public good, not for profit.

A former floral delivery driver looks in the rearview mirror

Jul 19, 2024
Meghan Irby mapped her routes the old-fashioned way before navigation software was a thing. Her boss "used chickens as a landmark."
Meghan Irby circa 2004, when she worked as a floral delivery driver in rural West Virginia. "I was sweaty most of the time, both from the heat and the stress,” she recalls.
Courtesy Irby

A perfect storm sends shipping rates surging

Jul 19, 2024
Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.
Storms, war, drought and holiday season front-loading have all raised the cost of sending goods around the world.
Getty Images

What is CrowdStrike?

Jul 19, 2024
The cybersecurity firm suddenly gained fame because a global tech outage was tied to its products. Here's what it does and what happened.
A technology glitch caused disruptions at airports and across many industries Friday.
Brandon Bell/Getty Images