Economy

Costco Falls After Earnings, But Shareholders Could Get a Special Boost Soon

Some on Wall Street believe the leading warehouse club could soon issue a special dividend.

New Yorkers irritated by proliferation of London members’ clubs on their doorsteps

Upper East Side residents fighting Maison Estelle’s plan for venue with roof terrace next to ‘nice townhouses’

Student loan borrowers will have two new repayment options come July 1. Here's how to pick one

Starting July 1, millions of federal student loan holders will have two new ways to repay their debt. Here's what to know about the additional options.

Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty

Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says

How much interest can a $70,000 CD account earn now?

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Wall Street has U.S.-Iran deal 'headline fatigue'

The stock market has had to absorb too many headlines about a potential U.S.-Iran deal to end the war.

What can the Dutch teach the UK about how to tackle the youth jobs crisis?

The Netherlands has the lowest rate of young people not in education, employment or training in the EU

How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers

Mental "scars" reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.

SpaceX skeptics have added reason for concern after Musk comments diverge from IPO filing

In a post on X, Elon Musk offered details about SpaceX's deal with Anthropic that weren't included in the company's IPO prospectus.

California’s Wacko Wealth Tax

The United States is about liberty and opportunity. Free-market capitalism bound to the rule of law is the foundation of the strongest economy in the world. But from time to time, left-wing politicians and academics forget what makes America great. Instead, they propose policies that would undermine the foundations of the economy and the freedom to pursue one’s dreams.

The FAIR Labels Act isn’t fair. It’s a red flag for food innovation

In 1865, British lawmakers passed the “Red Flag Act,” requiring a man carrying a red flag to walk in front of every horseless carriage. The horse-and-buggy economy feared the emerging steam-powered automobile industry, so the future was legally forced to move at walking speed.

The Iran War is Providing an Unexpected Boost to Secondary City Travel in Asia-Pacific

Trips to smaller "secondary cities" in Asia-Pacific are getting an added boost this summer, as the Iran war is spurring travelers to plan trips closer to home.