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Economy

Young worker looking tired in front of a screen
A Nobel economist figured out 60 years ago that people learn best on the job. The Atlanta Fed says AI is making that almost impossible

Kenneth Arrow argued that experience-based knowledge ripples through the entire economy. Automating entry-level jobs doesn’t just hurt young workers, it could hollow out the companies doing the cutting.

By Tristan BoveMay 21, 2026
Jeff Bezos
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
Current price of Bitcoin for May 21, 2026
Current price of Bitcoin for May 21, 2026
By Joseph HostetlerMay 21, 2026
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
By Kamal AhmedMay 21, 2026
Current price of oil as of May 21, 2026
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
brigham
The U.S. freight network is broken by design. One merger could start fixing it
By Brigham A. McCownMay 21, 2026
Latest Stories
Victoria’s Secret’s CEO is so confident in her strategy to bring back sexy that the company just changed its stock ticker to ‘VSXY’
NewslettersVictoria’s Secret’s CEO is so confident in her strategy to bring back sexy that the company just changed its stock ticker to ‘VSXY’
By Emma HinchliffeMay 21, 2026
Stephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
Arts & EntertainmentStephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
By Dave Lozo and Morning BrewMay 21, 2026
The Midwest is leading America’s spring housing rebound because of ‘buyers who are actually showing up,’ Realtor.com says
Real EstateThe Midwest is leading America’s spring housing rebound because of ‘buyers who are actually showing up,’ Realtor.com says
By Sydney LakeMay 21, 2026
Intuit CFO on why the company is simplifying its structure
NewslettersIntuit CFO on why the company is simplifying its structure
By Sheryl EstradaMay 21, 2026
Anu Madgavkar, a partner at the McKinsey Global Institute
AIMcKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
Legion Recharge Creatine Review (2026): Expert Tested
HealthLegion Recharge Creatine Review (2026): Expert Tested
By Christina SnyderMay 21, 2026
Photo of MacKenzie Scott
SuccessMacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list
By Sydney LakeMay 21, 2026
Current price of Ethereum for May 21, 2026
Personal FinanceCurrent price of Ethereum for May 21, 2026
By Joseph HostetlerMay 21, 2026
More EconomyPage 72 of 100
Children’s clothing outlet Carter’s is ‘right-sizing’ by shuttering 150 locations because of high-cost tariffs and product investments
North AmericaChildren’s clothing outlet Carter’s is ‘right-sizing’ by shuttering 150 locations because of high-cost tariffs and product investments
By Alex Vuocolo and Retail BrewOctober 31, 2025
  • ‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life
    Conferences‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life
    By Orianna Rosa RoyleOctober 27, 2025
The bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025
InvestingThe bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025
By Jim EdwardsOctober 31, 2025
Senate Majority Leader John Thune has adjourned the Senate until Monday, at which point negotiations to resolve the government shutdown will resume.
EconomyThe government shutdown won’t be completely recouped—and it could cost the economy up to $14 billion, estimates say
By Nino PaoliOctober 31, 2025
Sam Altman with a colorful window behind him
EconomySince ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy
By Dave SmithOctober 31, 2025
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
AIGoldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
By Marco Quiroz-GutierrezOctober 30, 2025
Trump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
AsiaTrump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
By The Associated Press and Elaine KurtenbachOctober 30, 2025
  • Chancellor of the Exchequer Rachel Reeves (R) on stage at Fortune Global Forum in Riyadh.
    ConferencesRachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances
    By Eleanor PringleOctober 27, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
EconomyJerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
By Eva RoytburgOctober 30, 2025
A line of Chipotle workers behind the counter assemble burrito bowls.
North AmericaChipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out
By Sasha RogelbergOctober 30, 2025
A sign in a Kwik Trip store shows the store will no longer be using pennies to give change, on Oct. 23, 2025, in Yorkville, Wis
EconomyAmerica’s officially running out of pennies — and it’s costing retailers millions
By Ken Sweet and The Associated PressOctober 30, 2025
Bank of America CEO Brian Moynihan
EconomyBrian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’
By Eleanor PringleOctober 30, 2025
Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway 
InvestingPowell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway 
By Jim EdwardsOctober 30, 2025
  • Trump
    PoliticsTrump hails Milei’s Argentina win, says U.S. made ‘lot of money’
    By Daniel Flatley, Josh Wingrove and BloombergOctober 27, 2025
President Donald Trump and Xi Jinping shake hands in 2019 before a bilateral meeting on the sidelines of the G20 Summit in Osaka, Japan.
North AmericaTrump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest
By Nino PaoliOctober 30, 2025
Why ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors
AsiaWhy ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors
By Angelica AngOctober 30, 2025
US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on October 29, 2025. The US Federal Reserve on Wednesday announced its second consecutive quarter-point rate cut to bolster the flagging labor market, unveiling a decision that highlighted the growing division in its ranks. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
BankingPowell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
By Eva RoytburgOctober 29, 2025
A young woman lies sideways, looking at her laptop and frowning.
EconomyAmerica’s flatlining income growth is hitting Gen Z the hardest, throttling their shot at homeownership, JPMorgan report warns
By Sasha RogelbergOctober 29, 2025
Jerome Powell, chairman of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Friday, Oct. 24, 2025.
EconomyPowell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
By Eva RoytburgOctober 29, 2025
U.S. President Donald Trump
EconomyGovernments are likely to pillage the $80 trillion ‘Great Wealth Transfer’ to fund their national debt, says UBS
By Eleanor PringleOctober 29, 2025
You can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on
EconomyYou can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on
By Eleanor PringleOctober 29, 2025
Federal Reserve Chairman Jerome Powell
InvestingWall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’
By Jim EdwardsOctober 29, 2025
Large group of displeased business people carrying carton boxed with their belongings after being fired from their jobs. Focus is on senior woman.
AIEveryone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first
By Eva RoytburgOctober 29, 2025
Europe’s giants still rule as startups struggle to crack the Fortune 500 Europe
EuropeEurope’s giants still rule as startups struggle to crack the Fortune 500 Europe
By Adam GaleOctober 29, 2025
Layoffs from big corporations are cutting jobs thousands of jobs in the months and years to come.
Future of WorkFrom retail to tech, here are the 10 corporations that recently announced mass layoffs
By Wyatte Grantham-Philips and The Associated PressOctober 28, 2025
The New York Stock Exchange on Monday, Oct. 13, 2025.
InvestingPayPal and UPS are sparking a late-session rally, powering stocks to fresh records
By Stan Choe and The Associated PressOctober 28, 2025
Ford's enormous F-150
EconomyFord’s enormous F-150 becomes unlikely part of Japan’s efforts to woo Trump
By The Associated Press and Mari YamaguchiOctober 28, 2025
Investor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith
EconomyInvestor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith
By Marco Quiroz-GutierrezOctober 28, 2025
Sunny Verghese, CEO of food and ag company Olam Group, speaks at Fortune Global Forum in Saudi Arabia on Sunday.
ConferencesThe world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO says
By Nino PaoliOctober 28, 2025
Ngozi Okonjo-Iweala
ConferencesWTO director-general says calling the trade wars the greatest disruption since the 1930s is ‘the understatement of the century’—but it’s not a repeat
By Nick LichtenbergOctober 27, 2025
Candy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween
EconomyCandy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween
By Jeena Sharma and Retail BrewOctober 27, 2025
The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says
ConferencesThe world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says
By Jason MaOctober 27, 2025
broker
EconomyGold plunges below $4,000 as U.S.-China truce erodes haven demand
By Yvonne Yue Li, Sybilla Gross, Yihui Xie and BloombergOctober 27, 2025
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