Gas spikes to nearly $7 in Florida
The national average for gas prices is trending higher but remains below 2022 levels.
Is China's economy heading for collapse? What we know
Weaker trade, slowing domestic spending, a deepening property sector crisis and slumping growth are raising concerns over the state of the Chinese economy.
Why is Vladimir Putin stalling?
Political economist Konstantin Sonin said Putin is likely holding off calling a mass mobilization because the war in Ukraine is "deeply unpopular" in Russia.
Biden's Inflation Roller Coaster Isn't Stopping Yet
Inflation accelerated last month, just ahead of the one-year anniversary of the deceptively named Inflation Reduction Act.
Bidenomics is Growing the Middle Class
Between countless acronyms and varying timelines for new policies to go into effect, it can be hard for Americans to know how new laws are altering our economic picture.
For Democrats, summer break is spent selling 'Bidenomics' to anxious voters
"Behind the scenes Biden has been one of the strongest presidents," political psychologist Drew Westen told Newsweek. "But he doesn't project that strength."
Warren Buffett selling $8 billion worth of stock raises economy crash fears
The U.S. economy has shown signs of resilience and even progress in recent months—yet legendary investor Warren Buffett keeps dumping stocks.
"Big Short" investor's billion dollar bet raises huge red flags
Investor Michael Burry's latest SEC report revealed bearish bets against the economy.
Direct payment update: Americans in one state to get $3,000 check
Revenue that Alaska generates from its energy resources translates into payments to residents.
Biden's economy is a risky bet for 2024 election
"There seems to be this perception and messaging problem for the administration right now," one pollster told Newsweek.
Americans are pulling from their 401(k) at dramatic rate
"The number of participants taking hardship distributions increased 36 percent year-over-year," the report said.
Three warning signs about the economy that will have spooked Joe Biden
The average price of a gallon of gas rose by 30 cents over the past month despite a falling rate of inflation.
Putin risks public wrath over extending draft, doubling war budget
Reuters reported that Russia will spend over $100 billion on its military in 2023.
From Taylor Swift to 'Barbie'—Women are shaping the entertainment economy
2023 has seen a huge rise in female-targeted entertainment, which could be a show of things to come.
Taylor Swift's Eras tour is economic "game changer" for new cities
Chambers of commerce in Indianapolis and New Orleans are thrilled the pop star picked their cities for additional tour dates this fall.
Map shows which states have better Fitch credit ratings than U.S.
Sixteen states have maintained their AAA Fitch rating despite the U.S. rating drop to AA+.
Greg Abbott celebrates Texas credit rating as U.S. suffers downgrade
On Tuesday, Fitch Ratings downgraded the U.S. credit rating to AA+, but the Lonestar State retained its top rating of AAA.
Fitch downgraded U.S. credit rating for these four reasons
The credit rating agency has removed the federal government's AAA status, citing a number of reasons from lower growth to political polarization.
Biden's economy is really great—Except one key area
The Biden administration has celebrated the last few economic reports, but one thing may be standing in the way of his ability to declare an economic victory.
How Ron DeSantis and Donald Trump's economic policies compare
The Florida governor is accused of mimicking the former president with his "Declaration of Economic Independence" initiative.
Joe Biden forgets to sign executive order at event
During the same event, the president took at swipe at Republicans, joking they may try to impeach him because inflation has gone down.
Chart shows dramatic change in Fed interest rate
Another interest rate hike by the Fed, to the largest level in 22 years, will affect Americans in many ways.
America may narrowly avoid an economic crisis
A tentative agreement has been reached between the Teamsters and UPS, affecting about 340,000 workers.
RFK Jr's bitcoin proposal for U.S. dollar trashed by crypto experts
One insider told Newsweek that Kennedy's plan would create "a level of uncertainty that markets would find very hard to handle."
Trump returns to Pennsylvania with a $35,000 unpaid bill
The former president owes millions of dollars to cities across the country over his campaign rallies.
Fact Check: Trump says under Biden third of Gen Z has no savings
Speaking in Florida, Donald Trump decried that Gen Zs and millennials didn't have a safety net.
Company defaults on $212 million loan after CEO warns of economic "suicide"
Economists have warned of a commercial real estate crash, and the Federal Reserve could raise interest rates twice more this year.
Right-wing commentator urges Biden to hire Taylor Swift as economic adviser
"[Swift] definitely is on the left side of politics," pundit Tomi Lahren said. "All of that aside ... she could maybe solve a lot of problems."
Shock as man accidentally books to stay in one of hong kong's "coffin homes
"I would just die from a panic attack. I can't breathe even by watching it," commented one user on TikTok.
Student loan forgiveness update: How to know if you qualify for new plan
"This Administration will not stop fighting to level the playing field in higher education," Education Secretary Miguel Cardona said.