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Economy

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

By MATT OTT
Jun 04, 2026 2:58 pm - The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran.
A new inflation warning from the bond market, adds to Trump’s midterm challenges

By JOSH BOAK
Jun 01, 2026 11:12 am - The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November’s midterm elections.
Trump claims he’s making food more affordable but his examples ignore the big picture

By CHRISTOPHER RUGABER
Jun 01, 2026 10:50 am - In a recent Truth Social post, the president proclaimed “TRUMP’S MAKING FOOD AFFORDABLE,” and cited falling prices for a range of groceries, including avocados, fresh berries, and a variety of pantry staples. Yet just two weeks earlier the Labor Department had released inflation figures showing grocery prices up nearly 3% in April from a year earlier.
As the United States turns 250, Americans still can't get enough of French luxury

By BEATRICE DUPUY
May 30, 2026 2:15 pm - At the pinnacle of the American cultural pyramid, one particular inspiration has echoed across the centuries through friendship and tension alike: France. The American love affair with French luxury goods and their cultural cachet and craftsmanship has spanned the younger country's history, and a new exhibit explores the story of how these treasures shaped a cultural exchange that marks 250 years of Franco-American relations.
One Tech Tip: Your next job interview could be with an AI bot

BY KELVIN CHAN
May 28, 2026 11:38 am - Have you applied for a new job? If you’ve been shortlisted, get ready to be interviewed by artificial intelligence.
Key inflation gauge worsens as Americans’ income and spending power erodes

By CHRISTOPHER RUGABER and PAUL WISEMAN
May 28, 2026 11:37 am - A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Donald Trump and congressional Republicans with midterm elections just five months away.
US stocks inch to more records after oil prices drop

By STAN CHOE
May 27, 2026 5:13 pm - U.S. stocks inched to more records Wednesday after oil prices fell and eased the pressure on households and businesses worldwide.The S&P 500 edged up by less than 0.1% and added to its all-time high set the day before. The Dow Jones Industrial Average climbed 182 points, or 0.4%, and the Nasdaq composite gained 0.1% as both indexes also set records.
As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

By CHRISTOPHER RUGABER
May 26, 2026 1:17 pm - U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels.
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.

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