This Is UncomfortableFinding Your PlaceI've Always Wondered ...My Economy

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Economy

With new government hires, Turkey may be headed back to economic sanity

by Sabri Ben-Achour , Ariana Rosas and Jarrett Dang
Jun 9, 2023
Recently re-elected President Erdogan's appointments to top government positions may signal a return to normal economic policy.
President Recep Tayyip Erdogan acknowledges supporters at the presidential palace after winning reelection in a runoff on May 29, 2023 in Ankara, Turkey.
Chris McGrath/Getty Images
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Who cares what CEOs think about the economy? You probably should.

by Matt Levin
Jun 7, 2023
CEOs may not be economic wizards. But they have access to crucial data and make decisions that influence the economy.
Apple CEO Tim Cook is among the executives who participated in the Business Roundtable's quarterly survey, which predicted GDP growth of 1.5% this year.
Justin Sullivan/Getty Images
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Slowing wage increases are good news for the Fed, but bad news for workers

by Mitchell Hartman
Jun 7, 2023
Wages are falling fastest at the bottom of the income distribution.
Both wage growth and the number of job openings are slowing, according to jobsite Indeed.
Mario Tama/Getty Images
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Following IPO wave, startups' stock sales have slowed to a trickle

by Henry Epp
Jun 6, 2023
The IPO window is closed, the pros say, amid high interest rates and recession fears. But it will be back, they add.
The Cava restaurant chain is planning to sell shares to the public, a move that's less popular than it used to be.
Mario Tama/Getty Images
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The founder of the world’s largest hedge fund on debt, government spending and education

by David Brancaccio , Alex Schroeder and Erika Soderstrom
Jun 5, 2023
Ray Dalio talks educational spending, taxes and more.
Bridgewater Associates Founder and Co-Chairman Ray Dalio speaks onstage during TechCrunch Disrupt San Francisco 2019.
Kimberly White/Getty Images for TechCrunch
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How Argentina's economy crumbled

by Sabri Ben-Achour and Jarrett Dang
Jun 2, 2023
The nation’s economic crisis, marked by unhinged inflation, has been developing for at least a decade, says economist Monica de Bolle.
Argentina's inflation crisis has its roots in the country's history of economic mismanagement, economist Monica de Bolle says.
Ronaldo Schemidt/AFP via Getty Images
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National Debt

What will happen once the debt ceiling deal is passed?

by Sabri Ben-Achour
Jun 1, 2023
How will the Treasury act to make up for lost time?
After hitting the debt ceiling and taking extraordinary measures, "the Treasury Department has to replenish their checking account, basically," said George Mateyo Key Private Bank.
Mandel Ngan/AFP via Getty Images
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Fewer people are leaving their jobs. What's that mean for the economy?

by Kristin Schwab
Jun 1, 2023
The Job Openings and Labor Turnover report for April showed that the quits rate has dropped back to average levels in 2019.
U.S. unemployment claims rose slightly last week and the quits rate declined in April, suggesting a softer labor market.
Joe Raedle/Getty Images
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Finding Your Place

Yes, you can be employed and homeless

by David Brancaccio and Jarrett Dang
Jun 1, 2023
Fast-food workers, who are often paid low wages and work limited hours, make up 11% of homeless workers in California, a study finds.
An Economic Roundtable study looks at the fast-food industry in California, which has the "highest rate of poverty employment" in the state, according to author Daniel Flaming.
Spencer Platt/Getty Images
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When a wedding, student loan payments and economic anxiety mean it's time for a second job

by Andie Corban
May 31, 2023
"I wanted to have something that I could easily add on to my current workload," says chemist April Oliver of Bozeman, Montana.
In addition to her full-time job, April Oliver is working as an adjunct faculty member at a nearby university leading chemistry labs.
Thibault Savary/AFP via Getty Images
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