Why do fewer Americans think they'll be working past age 62?

Jul 25, 2024
American workers now expect to retire at a younger age than they did before the pandemic. But what kind of retirement will it be?
More Americans believe they won't work past age 62.
Justin Sullivan/Getty Images

How a slowing GDP might be good news for the economy

Jul 24, 2024
The Federal Reserve will be looking for signs that the economy is slowing in a manageable way so that it can cut interest rates.
“Sometimes, bad news is good news," says Paul Christopher at the Wells Fargo Investment Institute. "And right now, a slowing economy is that bad news that’s really good news."
Spencer Platt/Getty Images

Silicon Valley is feeling the AI boom on the ground

Jul 22, 2024
Real estate prices are getting unreal, thanks to the ripples of Nvidia's success.
San Francisco and much of the Bay Area real estate market are seeing a wave of luxury buying by tech workers who are cashing in their lucrative stock holdings.
Justin Sullivan/Getty Images

What the bond market's telling us, and not telling us, about President Biden's withdrawal

Jul 22, 2024
The market is especially tuned in to whether we will have a divided government after the elections.
If Kamala Harris, left, becomes the Democrats' candidate and discusses her economic policies during the campaign, the bond market may take notice. But many investors don't expect either party to reduce the country's debt.
Kevin Dietsch/Getty Images

Rising sea level will affect 2 million in U.S. by 2050, analysis finds

Jul 22, 2024
That puts at least 1,100 pieces of critical infrastructure at risk, according to the Union of Concerned Scientists.
The homes on Broad Beach are wet with ocean spray during a January high tide in Malibu.
Courtesy Michael Quill

Why does the Federal Reserve have blackout periods?

Jul 19, 2024
These are times when Fed policymakers and staff must refrain from speaking about monetary policy with the public.
The Fed's current blackout period will determine how members will communicate information to the public.
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Continuing unemployment claims hit highest level in more than 2 years

Jul 18, 2024
It may be another data point that helps convince the Fed to start cutting interest rates.
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Inflation's way down, but consumers still flinch at high prices, Fed observes

Jul 18, 2024
Price-sensitive shoppers are buying fewer or lower-quality items and retailers are offering discounts, according to the Beige Book.
Many shoppers are looking for discounts these days.
Spencer Platt/Getty Images

What does it mean for the economy when businesses grow their inventories?

Jul 17, 2024
It all depends on why they're doing it.
Business inventories are on the rise, but stocked shelves may have long-term effects on the economy.
Joe Raedle/Getty Images

China's consumers cautious about economy as top officials meet

Jul 15, 2024
Growth is being held back by weak domestic demand and a real estate crisis.
Customers are sparse at a newly opened coffee shop in central Shanghai.
Charles Zhang/Marketplace