Higher education is responding to the Trump administration’s new federal earnings test that determines whether college graduates are making more money than high school graduates.
The head of the International Energy Agency warned that if the Strait of Hormuz doesn't reopen soon, the availability of jet fuel will continue affecting airlines and summer travel.
by Sabri Ben-Achour, Alex Schroeder and Emma Condon
Andreas Rentz/Getty Images
“Businesses say they would have raised wages by roughly an additional percentage point” had it not been for rising health insurance costs, said senior economics contributor Chris Farrell.
Lauren Weber, a reporter at The Wall Street Journal, chronicles how some older workers are opting to retire early due to AI. But she said they tend to be pro-personal use of the technology.
Big banks say consumer resilience bolstered their latest earnings reports. Plus: China’s oil reserves, tariff refund paperwork, and an industrial textile printing factory.
Federal customs authorities are set to begin processing refunds next week for import taxes struck down by the Supreme Court. But for small businesses, the process could get complicated.
China had more than a billion barrels of crude oil in reserve when the war in Iran disrupted the market. The country has also spent years diversifying its energy sources and accelerating electrification.
As war in the Middle East disrupts global supply, governments are urging individuals to conserve — even as most energy demand comes from industry and transportation.
Fed Chair Jay Powell said there’s been essentially no job creation in the private sector in the last six months. But unemployment also remains low. What does this mean for the labor market, and the economy?
Going through your W-2 and seeing how much of your salary went straight to the government doesn’t always feel great, and it can be easy to forget where it all goes.
At least 19 states have either passed or considered legislation that would allow state governments to invest in cryptocurrency or other digital assets, according to Liz Farmer, senior officer at Pew Charitable Trusts.
Federal regulations have raised fuel efficiency over the decades, even though the Trump administration and Congress have recently rolled those rules back.
Overall grocery inflation slowed to 1.9% year-over-year, but the picture is uneven. While egg prices are down nearly 45%, tariffs and supply chain pressures are pushing some produce prices higher.
Consumers react poorly to marketing and products that were (or are perceived to have been) designed with AI, according to Colleen Kirk at the New York Institute of Technology.