Economy

College Can Cost $100,000 a Year. Here's How Families Are Covering the Tab

Because families struggle to pay for school, many students and their parents increasingly depend on federal and private aid to help foot the bill.

Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations

The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.

Berkshire adds $17 billion to Alphabet stake

Google parent Alphabet is now the third largest holding in Berkshire Hathaway's equity portfolio.

Between Earn-Nothing Cash, Broken Long-Term Bonds, These Are the Safety Trades of 2026 Market

Investors have flocked to short-term investments like ultra-short bond funds in anticipation of a stock market correction and with long-term bonds broken.

‘I don’t even drink whisky’: Scotland reels in visitors as much of Europe swelters

More direct flights from North America and, say tourism chiefs, Highland warriors and Tartan Army have helped

Trump Administration Floats Capital Gains Tax Cut on Home Sales

President Donald Trump is reportedly weighing a proposal to cut the capital gains tax on home sales ahead of the midterm elections. Here is what that effort might look like and how it could affect homeowners.

Which way, Colorado?

Colorado built one of the Mountain West’s great economies by attracting entrepreneurs, investment, and talented workers. Now there are increasingly visible signs that the state is surrendering that advantage, just as voters may be asked in November to choose between two ballot initiatives that would send Colorado’s business climate in sharply different directions.

Beijing moves to clarify tax rules stoking confusion among China's ultra-wealthy

Beijing is said to be moving to clarify ambiguities in new tax rules on offshore trusts after the policy sowed confusion among wealthy Chinese and advisors.

Russia's economy has defied the skeptics. Cracks are getting harder to hide

Russia's wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year.

Extreme heat spurs earliest-ever Champagne harvest, putting its famous taste to the test

Producers of the iconic French fizz face a challenge to preserve its taste profile while they also battle tariff complications and fewer drinkers.

Situational Awareness filing shows AI bets before forced portfolio sale to Citadel

The hedge fund's five largest disclosed stock holdings at the end of June were Sandisk, Micron Technology, Bloom Energy, Taiwan Semiconductor and Nebius Group.

World Liberty Financial bank charter preliminarily approved

A regulator has given conditional approval for a bank charter application tied to World Liberty Financial, the cryptocurrency firm associated with the Trump family.