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Economy

US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertainty

By MATT OTT
May 21, 2026 8:08 am - Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy.
The market powerful enough to sway stocks and Trump is rumbling again

By STAN CHOE
May 19, 2026 4:08 pm - Bond markets around the world have seen yields climb to heights not reached in years and, in some cases, decades. Atop the litany of reasons for that is oil prices and whether they will stay high because of the war with Iran.
Affordable Care Act enrollment projected to plunge by 5 million as costs spike, analysis shows

By ALI SWENSON
May 19, 2026 2:19 pm - Nationwide enrollment in the Affordable Care Act health insurance marketplace could plummet by nearly 5 million people this year, shrinking the number of participants in the program by more than 20%, according to a new analysis from the healthcare research nonprofit KFF.
The Iran war is crushing consumers. A ‘gas tax holiday’ wouldn’t fix that in Illinois.

By Frank Manzo IV
May 16, 2026 1:27 pm - The price of gasoline is at its highest level since the summer of 2022, and the root cause is no mystery. Every time gas prices skyrocket, one particular idea bubbles up that sounds good in theory but is bad public policy in practice: a “gas tax holiday.”
Why the U.S. job market is so hard, especially for recent college graduates

By Federica Cocco and Taylor Telford
May 14, 2026 2:34 pm - The American job market is behaving in a way that economists are struggling to explain. The economy is growing. Unemployment is low. And yet, for millions of workers, finding a job has become harder than at almost any other point in decades.
US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

By MATT OTT
May 14, 2026 8:41 am - The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran.
Retail sales up 0.5% in April from March as higher gas prices leave less room for nonessential items

By ANNE D'INNOCENZIO
May 14, 2026 8:02 am - Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for nonessential goods.
Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell

By CHRISTOPHER RUGABER and JOEY CAPPELLETTI
May 13, 2026 1:22 pm - The Senate on Wednesday is set to confirm President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy.
Wall Street’s record-setting run halts as AI stocks slump and oil prices rise

By STAN CHOE
May 12, 2026 3:46 pm - The S&P 500 fell 0.2% from its all-time high set the day before. The Dow Jones Industrial Average added 56 points, or 0.1%, while the Nasdaq composite sank 0.7% from its own record.
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US

By PAUL WISEMAN
May 12, 2026 1:40 pm - U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans. The Labor Department's consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% year-over-year gain in March.

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