Economy

Nike is the Most Oversold Stock on Wall Street After a Wild Week of Trading

Nike issued Tuesday a weak sales forecast, sparking a sell-off of its shares.

U.S.-Iran war 'tax' begins to hit American businesses and consumers

A U.S.-Iran war 'tax' is beginning to hit consumers as diesel and jet fuel prices rise and stress business profitability, and there is no relief in sight.

‘The good old days are gone’: how will US prices stand as war in Iran surges on?

Beyond rising costs of gas and air travel, experts say this is likely just beginning of higher prices amid global volatility

May Social Security direct payment worth $994 goes out in 27 days

The May 2026 Supplemental Security Income payments, worth up to $994, will be issued to recipients in 27 days.

European ministers call for a tax on energy company windfall profits as Iran war drives price surge

Driven largely by higher oil prices, the annual inflation rate in the 21 countries that use the euro rose to 2.5% in March, from 1.9% in February.

Iran war reality check: Global markets still dictate American energy prices

If America is energy dominant, why is the shutdown of a strait thousands of miles away spiking our gas prices?

House swaps: why exchanging home could be a ticket to a dream holiday

Regular swappers say they not only make big savings but create connections. Here is how it works

What an Ivy League Education Really Gets You

Economists have a new theory of why graduates of top colleges have so much career success.

India makes first Iranian oil purchase in seven years with no payment problems

The world's third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019.

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

Lucid produced 5,500 vehicles and delivered 3,093 in the quarter ended March 31. Analysts had expected it produce 5,967 vehicles and deliver 5,237 vehicles.

Follow the Rules, Get Sued Anyway: A Supreme Court Case to Watch

Imagine running a restaurant where you need 51 different menus. Not because your customers want them, but because trial lawyers in each state and Washington, D.C., demand them.

The numbers are in: Unions need a new playbook

For decades, organized labor has been in decline. Despite periodic headlines suggesting a resurgence, unionization in the United States continues to fall. In 2025, just 10% of American workers belonged to a union — down from prior decades and only a marginal uptick from a record low the year before. Strip out the public sector, and the picture is even starker: Private-sector unionization remains at a record-low 5.9%.