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Economy

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Trump just raised the $39 trillion national debt with the largest budget hike since World War II—and nobody can figure out how to pay for it

“MAGA was told an untruth by Trump — no foreign wars, no adventurism,” Steve Hanke told Fortune. “This is a massive militarization.”

By Nick LichtenbergApril 3, 2026
A woman working alone in an office
MIT created duplicate AI workers to tackle thousands of different tasks. The verdict? Most of the time AI is still just ‘minimally sufficient’
By Tristan BoveApril 3, 2026
JPMorgan Chase CEO Jamie Dimon
Jamie Dimon says the U.S. was right to go to war with Iran: ‘Why the Western world put up with all these proxy wars for 45 years is kind of beyond me’
By Tristan BoveApril 3, 2026
Albert Bourla
Only one U.S. university ranks in the world’s top 10 in STEM. Pfizer’s CEO is calling for change
By Preston ForeApril 3, 2026
Bernie sanders angry pointing
Bernie Sanders calls out Bezos, Musk, Bloomberg, and Buffett in billionaire tax push: ‘The richest people in America have never ever had it so good’
By Catherina GioinoApril 3, 2026
Depressed worker feel tried after overwork and disappointed for his job or being fired.
The jobs report looks good ‘for the wrong reasons,’ top economist warns: It’s hiding how many Americans are giving up
By Eva RoytburgApril 3, 2026
Latest Stories
6 Best Vitamins to Boost Energy (2026): Top Recommendations From Experts
Health6 Best Vitamins to Boost Energy (2026): Top Recommendations From Experts
By Emily PharesApril 3, 2026
A person taking a supplement.
HealthWhat Is NMN: Everything You Need to Know From Experts
By Katherine Van DisApril 3, 2026
Best certificates of deposit (CDs) for April 2026
Personal FinanceBest certificates of deposit (CDs) for April 2026
By Glen Luke FlanaganApril 3, 2026
Hers Hair Loss Minoxidil
HealthHers Hair Growth Review 2026: Pros, Cons, and More From Hands-On Testing
By Emily PharesApril 3, 2026
The Benefits of Red Light Therapy: Expert-Approved Advice
HealthThe Benefits of Red Light Therapy: Expert-Approved Advice
By Katherine Van DisApril 3, 2026
Fortune 500 Power Moves: Which executives are gaining and losing power
C-SuiteFortune 500 Power Moves: Which executives are gaining and losing power
By Fortune EditorsApril 3, 2026
Dario Amodei sits in a white chair with his hands pressed together in front of a pink and orange background.
AIThe AI kill switch just got harder to find: LLM-powered chatbots will defy orders and deceive users if asked to delete another model, study finds
By Sasha RogelbergApril 3, 2026
Energy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says
EnergyEnergy markets are having a Wile E. Coyote moment as oil supplies go off a cliff, expert says
By Jason MaApril 3, 2026
More EconomyPage 91 of 100
The vibecession is back. But a change in mood about the economy is often ‘a harbinger of things to come’: a drop in consumer spending and business investment, economist says
FinanceThe vibecession is back. But a change in mood about the economy is often ‘a harbinger of things to come’: a drop in consumer spending and business investment, economist says
By Alena BotrosMarch 28, 2025
  • In this pool photograph distributed by Russian state agency Sputnik, Russia's President Vladimir Putin (L) speaks with Russia's energy giant Gazprom CEO Alexei Miller as they visit the Lakhta Centre skyscraper, the headquarters of Russian gas monopoly Gazprom in Saint Petersburg on June 5, 2024.
    FinanceRussia’s fallen giant Gazprom selling off luxury properties as group swings to reported $12.9 billion loss
    By Ryan HoggMarch 18, 2025
US President Donald Trump speaks with European Commission President Ursula von der Leyen in 2020
PoliticsTrump warns EU and Canada not to team up to resist tariffs—they must take the beating or worse will follow
By Eleanor PringleMarch 27, 2025
Zonda’s chief economist never thought Trump, the only real estate mogul-turned-president, would place tariffs on building materials when housing is already so unaffordable. She was wrong
FinanceZonda’s chief economist never thought Trump, the only real estate mogul-turned-president, would place tariffs on building materials when housing is already so unaffordable. She was wrong
By Alena BotrosMarch 27, 2025
A woman rubs her eyes while sitting at a desk
FinanceSurvey says Americans haven’t felt this dejected about their income and business prospects in over a decade
By Dave SmithMarch 26, 2025
President Vladimir Putin chairs a meeting of Presidential Council for Culture and Art.
PoliticsAirbus chairman sees ‘strong indications’ an emboldened Putin is mobilizing forces to attack NATO’s eastern flank
By Christiaan HetznerMarch 26, 2025
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago
FinanceFed president says a ‘major red flag’ will be if gloomy inflation expectations spread from consumers to Wall Street
By Eleanor PringleMarch 26, 2025
  • Scott Bessent says he’s not worried about the stock market’s ‘healthy correction,’ insisting the Trump administration is only trying to avoid an even bigger financial crisis
    PoliticsScott Bessent says he’s not worried about the stock market’s ‘healthy correction,’ insisting the Trump administration is only trying to avoid an even bigger financial crisis
    By Marco Quiroz-GutierrezMarch 18, 2025
Trump tariffs are ‘a recipe for making Americans worse off,’ Cato Institute says 
FinanceTrump tariffs are ‘a recipe for making Americans worse off,’ Cato Institute says 
By Alena BotrosMarch 26, 2025
Two adults, seen from behind, sitting on a bed and leaning into each other in front of a window.
FamilyAmerican families have an increasingly bleak outlook, and 4 factors are driving their gloom
By Beth GreenfieldMarch 25, 2025
Christy Walton attends the 28th Annual Imagen Awards at The Beverly Hilton Hotel on August 16, 2013 in Beverly Hills, California.
PoliticsWalmart heiress worth $17.8 billion quietly enters political discourse with New York Times ad declaring ‘the dignity of our country is not for sale’ 
By Eleanor PringleMarch 25, 2025
American attitudes about the economy are the worst in 12 years, signaling recession could be near
FinanceAmerican attitudes about the economy are the worst in 12 years, signaling recession could be near
By The Associated Press and Matt OttMarch 25, 2025
Mike Wilson, chief US equity strategist and chief investment officer of Morgan Stanley
FinanceMorgan Stanley’s Mike Wilson says it’s become clear to Wall Street that President Trump ‘doesn’t care’ about the stock market
By Eleanor PringleMarch 25, 2025
  • German auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown
    RetailGerman auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown
    By AFPMarch 18, 2025
DOGE’s staffing cuts to the IRS could mean a heyday for scammers this tax season. How to protect yourself and your money
FinanceDOGE’s staffing cuts to the IRS could mean a heyday for scammers this tax season. How to protect yourself and your money
By The Associated Press and Wyatte Grantham-PhilipsMarch 25, 2025
Job applications from federal workers surge 50% as staff targeted by DOGE run for the exits
SuccessJob applications from federal workers surge 50% as staff targeted by DOGE run for the exits
By Irina IvanovaMarch 25, 2025
United Air hikes airport lounge fees in bid to curb overcrowding
FinanceUnited Air hikes airport lounge fees in bid to curb overcrowding
By Bloomberg and Mary SchlangensteinMarch 24, 2025
Wells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession
FinanceWells Fargo says home sales aren’t far off from levels seen in the wake of the Great Recession
By Alena BotrosMarch 24, 2025
President Donald Trump
FinanceWall Street braces for Trump’s April 2 tariff deadline—it foresees 18% EU import duties and a 43% chance of a U.S. recession
By Eleanor PringleMarch 24, 2025
The Cuban Missile Crisis has a lesson for today’s stock market as the next Trump tariffs could fuel a huge rebound, top Wall Street forecaster says
FinanceThe Cuban Missile Crisis has a lesson for today’s stock market as the next Trump tariffs could fuel a huge rebound, top Wall Street forecaster says
By Jason MaMarch 23, 2025
The U.S. now suffers from these 5 dead giveaways of an emerging-market economy in trouble, former IMF official says — ‘It pains me to say it’
FinanceThe U.S. now suffers from these 5 dead giveaways of an emerging-market economy in trouble, former IMF official says — ‘It pains me to say it’
By Jason MaMarch 23, 2025
Cathie Wood says the U.S. is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes
FinanceCathie Wood says the U.S. is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes
By Jason MaMarch 23, 2025
CEO Elliot Hill of Nike smiles on the field before the game between the Oregon Ducks and the Ohio State Buckeyes at Autzen Stadium on October 12, 2024 in Eugene, Oregon.
FinanceNike’s stock price tanks as sports giant joins growing list of corporate casualties in Trump’s tariff battle
By Eleanor PringleMarch 21, 2025
Federal Reserve seal
FinanceAmid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth
By Paolo ConfinoMarch 20, 2025
Jerome Powell doubles down on a word that has haunted him, saying pain from tariffs would be ‘transitory’
FinanceJerome Powell doubles down on a word that has haunted him, saying pain from tariffs would be ‘transitory’
By Alena BotrosMarch 20, 2025
Brian Moynihan, Chairman and CEO of Bank of America
FinanceBrian Moynihan says consumers are in a ‘classic’ situation of worrying about money but continuing to spend
By Eleanor PringleMarch 20, 2025
AI will take your job. Get over it
CommentaryAI will take your job. Get over it
By Tatyana MamutMarch 20, 2025
Federal Reserve chair Jerome Powell
FinanceFed keeps interest rates steady after a stock market sell-off and a brewing trade war
By Paolo ConfinoMarch 19, 2025
Trump’s tariffs and policies are putting America’s economy at risk: Consumer Technology Association CEO
CommentaryTrump’s tariffs and policies are putting America’s economy at risk: Consumer Technology Association CEO
By Gary ShapiroMarch 19, 2025
Trump’s tariffs program is based on flawed assumptions about the trade deficit
CommentaryTrump’s tariffs program is based on flawed assumptions about the trade deficit
By Steve H. Hanke and Matt SekerkeMarch 19, 2025
A dad working while holding a baby carrier
SuccessMillennials choosing to be DINKs could push GDP down by as much as 4%
By Eleanor PringleMarch 19, 2025
Fed may still cut interest rates this year—but now it could be ‘bad news’ if it does
FeaturesFed may still cut interest rates this year—but now it could be ‘bad news’ if it does
By Christopher Rugaber and The Associated PressMarch 19, 2025
The demise of the job-hopping economy: Gen Z’s big career strategy is hitting a wall
SuccessThe demise of the job-hopping economy: Gen Z’s big career strategy is hitting a wall
By Morning BrewMarch 18, 2025
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Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech townsplaceholder alt text
By Fortune EditorsApril 2, 2026
Success
Major 4-day workweek study suggests that when we work 5 days we spend one doing basically nothingplaceholder alt text
By Fortune EditorsApril 2, 2026
Economy
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking aboutplaceholder alt text
By Fortune EditorsApril 2, 2026
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