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Economy

Stay informed with the latest updates on global and local economies, covering growth trends, market shifts, and policies that shape financial landscapes.

Private sector added 38,000 jobs in August, below expectations, ADP says

  • September 2, 2026
  • 12:22 PM

The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs. The prior month's reading was revised higher to 46,000.

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Lowe’s launches major effort to help close America’s skilled trades gap

  • September 1, 2026
  • 12:00 PM

Lowe's Foundation launched a coalition with Nvidia, General Motors and over 75 partners to train and certify 1 million skilled tradespeople by 2035.

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Bessent urges G20 to ‘get back to the basics’ with deregulation and growth-first agenda

  • August 31, 2026
  • 9:39 PM

Treasury Secretary Scott Bessent called on global leaders to spur growth by cutting red tape, offering the Trump administration's deregulatory push as a blueprint.

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Fuel supplier sues distributor for nearly $4M over gas allegedly sold at Trump-promoted Freedom Fuel stations

  • August 31, 2026
  • 1:06 PM

Mansfield Oil alleges KRSM failed to pay nearly $4 million for more than 1.1 million gallons of fuel, some of which was sold through Freedom Fuel stations.

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Retirees are pouring into this coastal getaway, and it’s feeling the strain

  • August 29, 2026
  • 4:57 PM

Sussex County, Delaware, saw 40,000 new residents since 2020, with retirees drawn by low property taxes and no sales tax straining healthcare and schools.

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What Warsh’s Jackson Hole speech signals about where interest rates are headed

  • August 28, 2026
  • 7:46 PM

Kevin Warsh's Jackson Hole Symposium keynote signals the Federal Reserve is prepared to raise rates if PCE inflation fails to reach its 2% target.

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New report warns AI data center boom squeezes memory-chip supply, could raise everyday tech costs

  • August 28, 2026
  • 2:00 PM

The AI data center boom could make everyday technology more expensive, a new policy report warns, as chipmakers shift scarce memory-chip capacity toward higher-margin AI uses.

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Warsh says Fed’s main focus should be on prices with central bank’s rate policy in focus

  • August 28, 2026
  • 2:00 PM

Fed Chair Kevin Warsh on Friday will deliver his first keynote at the annual Jackson Hole monetary policy conference against a backdrop of economic uncertainty.

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Atlanta woman who ripped off Amazon for nearly $10M to buy luxury sports cars learns sentence

  • August 27, 2026
  • 5:46 PM

The Justice Department announced Brittany Hudson was sentenced to 16 years in federal prison for defrauding Amazon of $9.4 million via fake invoices.

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Fed Chair Warsh faces Jackson Hole spotlight with inflation, rate path in focus

  • August 27, 2026
  • 10:00 AM

Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote as bond yields near highs and markets demand clarity on the Fed's rate path.

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