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Catherine BaabQuartz |
Because oil is an input cost for freight, manufacturing, and more, a sustained energy shock has the potential to embed itself in the price of almost...
Stocks fell across the board as markets assessed White House promises of a quick and tidy conflict with Iran versus the reality of a historic oil...
The latest BLS report shows inflation data from before the U.S. attack on Iran caused a global oil shock
The billionaire's hedge fund is going public — and the deal has a unique structure
Already paying 50 cents more per gallon at the pump, Americans could see even more economic fallout from the Iran war in the weeks and months to come
U.S. stocks are tumbling and oil prices are rocketing as the Strait of Hormuz remains closed and regional producers curb outputs
Oracle's layoffs show that the people losing jobs aren't losing them because AI can do their work. They're losing them to money spent on chips and...
The economy shed 92,000 jobs in February, while white-collar woes worsened and long-term unemployment rose
The grocery and pharma businesses are performing steadily, even if the company, with its 2,700 stores, may be running out of spots to build new ones
Can the U.S. win an AI arms race against China when its own government attacks the American companies doing the racing?
The First Amendment is only 45 words long, yet 235 years of court battles have left Americans fiercely devoted to an idea many struggle to define
The topline number — 63,000 private-sector jobs added in February — appears to be good news. But a closer look brings something alarming into view
Stocks shifted uneasily into positive territory following a report that Iran made indirect contact with the U.S. to float terms for ending the war
Around the world, stocks fell and energy prices rose as Trump vowed U.S. could fight "forever"
Economists, researchers, and workers are increasingly asking what happens to an economy built around a premium on human intelligence when that premium...
Target released results that weren't as bad as expected, and amid the deepening and market-rattling U.S. conflict in Iran, that was enough to pass for...
The sudden eruption of the Middle East conflict saw stocks drop around the world and introduced new uncertainty into global markets
Wall Street rewards CEOs who make steep cuts and attribute those cuts to AI. That could embolden other management teams to follow suit
After the tariff rollout chaos comes the tariff refund chaos, as thousands of affected companies file lawsuits and analysts describe a messy process
New earnings reports and consumer confidence data show that affordability remains a major worry for Americans
Health care jobs are propping up the U.S. labor market as white-collar sectors contract. Here's what's behind the trend
A closely watched jobs report beat expectations. But the details tell a very different story, with gains almost entirely concentrated in...
For much of the past few years, CVS was treated as a problem stock. But new earnings show a promised comeback is actually happening
China has reportedly told domestic banks to diversify away from USD holdings. The warning did not appear to apply to Chinese government holdings
The phenomenon of women leaving marriage is increasingly visible and public, though the exact historical forces that brought us here remain...
The AI arms race is set to top $650 billion this year alone. And that's just between four companies. It's unprecedented in modern economic history
Pinterest's firing of layoff-tracking engineers flies in the face of the CEO's public positioning of the platform. But there's even more to the story
Boosterism has shaped American growth for centuries. As AI companies sell the future, the same old strategy is back
Novo Nordisk invented the modern weight loss drug market with Ozempic. But it's Eli Lilly that is now best positioned to scale that market profitably
The pharma industry is handling big transitions, as highlighted in Merck's and Pfizer's earnings, released Tuesday
Disney's hits keep coming, setting new records. But a YouTube fight, higher expenses, and weaker global travel to the U.S. affect profits
Rising credit card debt and high interest rates equal political risk, even as the fourth quarter comes in strong for payments giants
Starbucks' "Green Apron Service" model is helping power growth. But some workers say it's just one more source of strain
It seems as if 2025 might have been the best of years for many companies, across sectors, if it weren't for the headwinds caused by the trade wars
The move was widely expected by markets and observers, but is still likely to draw White House ire. Fed Chair Jerome Powell will speak shortly
Starbucks reported long-awaited sales growth, with a mix of growing ticket sizes and increasing comparable-store traffic. But a strike continues
“Jobs are going to be impacted by what’s happening with AI over time,” Amazon CEO Andy Jassy said before the layoffs were announced
The airline made clear it’s betting that the path to larger and steadier profits travels through the high end of the market
Tariffs cost GM more than $3 billion last year and accounted for the majority of the automaker's year-over-year decline in profits
The president's threatened 100% tariffs on Canadian goods could dramatically raise the cost of living for Americans
Once pitched as a refuge from the attention economy, the newsletter platform is making a familiar pivot. But users barely blinked
CPI met expectations as used car prices fell, while core CPI rose 0.2%, keeping U.S. inflation near the Federal Reserve’s 2% goal.
When even Tide, Charmin, Old Spice, and Duracell need constant defense, the geopolitical storm is truly inescapable
There's a widespread recognition that when disruption is driven by whims, it tends to raise prices and make political problems more difficult to solve
Trump renewed his fight with Europe by threatening tariffs unless Denmark lets the U.S. “buy” Greenland. European leaders weren't amused
Across the U.S., the AI infrastructure boom is quietly rewiring how land is bought, valued, and governed — often before the public has its say
New analysis finds federal agencies halted or limited enforcement and prosecution, including many involving companies and individuals with ties to...
The bank's earnings reflect an economy where access to capital, regular markets, private markets, and high-end financial services means everything
Profits rolled in across Wall Street, with stock prices rising to match. By most measures, 2025 was a great year for the sector
A new inflation report is reassuring on some fronts. But it also points to why so many consumers still experience cost-of-living headaches
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