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Economy

Hundreds of economists say 'we must act now' on AI's economic impact and job displacement risks

Jul 13, 2026 2:05 pm - Hundreds of economists urge immediate action to address AI's potential impact on the economy. In an open letter released Monday, they warn that AI could transform the economy and displace many jobs.
Illinois’ infrastructure investments have made progress, but the job isn’t done

By Frank Manzo IV
Jul 11, 2026 11:41 am - Illinois’ historic investments in infrastructure are now paying real dividends — but the work is far from over.
Why is beef so expensive? And can consumers expect lower prices anytime soon? ‘It’s got to get worse before it gets better.’

By Claire Malon
Jul 10, 2026 2:18 pm - A quick stop at the grocery store, your local hot dog stand or favorite Italian beef spot and you may experience some genuine sticker shock. Almost $8.50 for a pound of g...
US home prices hit an all-time high as sales slow and mortgage rates rise

By ALEX VEIGA
Jul 09, 2026 9:40 am - Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers' affordability chal...
Fed minutes: Officials deeply divided over future path of US inflation

By CHRISTOPHER RUGABER
Jul 08, 2026 6:22 pm - The Federal Reserve's rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday.
US airlines are redesigning travel around their highest-paying passengers

By RIO YAMAT
Jul 07, 2026 1:48 pm - America’s biggest airlines are expanding their premium cabins and adding more luxury perks to attract high-paying passengers.
Trump rings Wall Street’s opening bells as he ties his presidency to stock market gains

By JOSH BOAK
Jul 06, 2026 1:37 pm - President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.
Fewer US companies are willing to hire foreign grads

By Taylor Nicole Rogers
Jul 04, 2026 9:32 am - U.S. companies are less willing to hire international workers or sponsor their visas, another sign that President Donald Trump’s immigration crackdown is reshaping corporate hiring policies.
A grim job outlook meets a scrappy workforce as administrative assistants harness AI

By CLAIRE SAVAGE
Jul 03, 2026 2:12 pm - Employment data offers a grim outlook for secretaries and administrative assistants in the age of artificial intelligence, but workers in the women-dominated occupation say the numbers don’t tell the whole story. Administrative professionals say adapting is a key part of their day-to-day. By tasking AI with the more repetitive items and freeing up time for more strategic work, some say they are using these tools as a launchpad for career growth. But according to a Brookings Institution report, they may be more exposed to AI-induced displacement than other professionals.
The US, Canada and Mexico begin bumpy negotiations to renew North American trade pact

By PAUL WISEMAN
Jul 02, 2026 3:08 pm - The United States trades $1.9 trillion a year — $5 billion a day — worth of goods and services with its neighbors, Canada and Mexico. They have supplanted China to become America's top two trading partners. So the stakes are high when it comes to fiddling with the rules that govern trade between the three countries.

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