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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.

Tampa downtown skyline

Southern cities dominate rankings of best job markets for new college graduates

  • May 7, 2026
  • 10:00 AM

Recent college graduates are finding the best career opportunities in Southern cities like Birmingham and Tampa, according to a new ADP study.

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Tesla cars 218k recalled vehicles

Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk

  • May 7, 2026
  • 3:34 AM

Tesla is recalling more than 218,000 vehicles due to delayed rearview camera images that could increase the risk of a crash, according to the NHTSA.

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Us job fair hiring

Private sector added 109,000 jobs in April, above expectations, ADP says

  • May 6, 2026
  • 12:20 PM

The figure reported on Wednesday is above economists’ estimates of an increase of 99,000 jobs. The prior month's reading was revised lower to a gain of 62,000 jobs.

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East Hampton, N.Y.: Gas station attendant Wojak Atur pumps gas for a customer at the Empire Gas Station in East Hampton , New York, on April 27, 2026.

Gas prices surge past $4.50 nationally as Iran tensions pressure drivers

  • May 6, 2026
  • 10:01 AM

The AAA national average price for regular gas has surged to $4.536 amid ongoing tensions between the U.S. and the Islamic Republic of Iran.

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Mike Wirth, chief executive officer of Chevron Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov.

Chevron CEO says economies ‘are going to have to slow’ as Strait of Hormuz closure disrupts oil supply

  • May 5, 2026
  • 8:10 PM

Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.

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Chase atm

Officials warn of banking spoof callers draining customers’ accounts

  • May 5, 2026
  • 6:52 AM

Banking spoof calls are tricking customers into emptying accounts as victims report losing thousands to scammers posing as bank fraud departments.

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Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. The Mortgage Bankers Association is scheduled to release mortgage applications figures on

Foreclosures hit highest level in 6 years as insurance, property tax costs squeeze homeowners

  • May 4, 2026
  • 9:10 PM

Foreclosure filings hit nearly 119,000 in the first quarter of 2025, a 26% increase from last year, as homeowners face rising insurance and property tax burdens.

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A Wingstop restaurant in Elmont, New York, US, on Tuesday, May 2, 2023. Wingstop Inc. is scheduled to release earnings figures on May 3. Photographer

Rising gas prices are crushing restaurant sales as $4 a gallon becomes tipping point for consumers

  • May 4, 2026
  • 8:46 PM

U.S. restaurant chains report weaker than expected sales growth as high gas prices squeeze consumer budgets and force a shift toward value menu offerings.

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WASHINGTON, DC – MAY 04: Acting U.S. Attorney General Todd Blanche speaks at a press conference at the Department of Justice on May 04, 2026 in

DOJ confirms antitrust probe of major meatpackers over beef price inflation

  • May 4, 2026
  • 4:25 PM

The Justice Department confirmed an active antitrust investigation into U.S. cattle and beef markets amid concerns about meatpacking concentration.

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Tax planning people laptop

Tens of millions of taxpayers may be owed IRS refunds from COVID-era

  • May 1, 2026
  • 7:50 PM

Tens of millions of taxpayers may qualify for IRS refunds or reduced penalties from the COVID emergency period, but face a July 2026 filing deadline.

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