Economy

Professor Jay Zagorsky from Boston University explains the movement behind getting rid of paper checks — and why he thinks they’re more useful than they might seem.

This morning, we’ll look at whether the K-shaped economy is turning C-shaped, with low-income wage growth catching up. Is the evidence enough?

“The K-shaped economy is over,” Treasury Secretary Scott Bessent declared on CNBC last week. Economists say the evidence is mixed at best.

We discuss what newly revealed cracks in the labor mean for the central bank’s next moves.

Experts say it's putting consumers and the car industry under pressure.

Local government roles were down 57,000, leisure and hospitality positions decreased by 40,000, finance jobs declined 14,000, and the retail sector lost more than 19,000.

CEOs are slightly more confident now than they were right after the Iran war started, but not by much, according to the latest survey from The Conference Board and The Business Council.

According to a report from credit bureau TransUnion, the number of credit cards issued increased nearly 12% in the first quarter of 2026 compared to a year before.

New data shows Gen Z is spending on travel, coffee, cosmetics and jewelry — bucking the K-shaped pattern where higher earners recovered from the pandemic much faster than lower earners.

Immigration policy and supply chain uncertainty are factoring into construction firms’ hiring decisions.