Saturday, July 18, 20269 stories
Aging boomers, not AI, are the real labor problem
The day's economics coverage turns on a single theme: the labor force. The real threat isn't robots taking jobs, it's demographics. Baby boomers retiring, a shrinking STEM pipeline, and young adults feeling poor despite strong headline numbers all point to a structural shift that AI talk often obscures.
Friday, July 17, 202619 stories
California's billionaire tax divides the state
A ballot measure to tax billionaires is the big economic story today, pitting revenue needs against fears of capital flight. Meanwhile, public pessimism about the economy persists despite strong markets, and the Iran war continues to ripple through global supply chains.
Thursday, July 16, 202617 stories
Retail data shows cautious consumers
June retail sales data landed today, and the headline number is weak, 0.2% growth, but dig deeper and consumers are still spending, just not on gas. That split tells the story of an economy where falling energy prices mask underlying resilience, but also where people are feeling the pinch. Meanwhile, the UK economy eked out 0.1% growth despite the Iran war's energy shock, and Russia's economic facade continues to crack.
Tuesday, June 23, 20265 stories
Greenspan dies at 100; labor and healthcare woes
Today's economics news is a mixed bag: the passing of a titan, a deep dive into why men are leaving the workforce, and fresh data on healthcare affordability. The Greenspan obituary dominates, but the structural stories about labor and small business may matter more for the future.
Saturday, June 20, 202611 stories
Brexit costs, AI layoffs, and middle-class maps
Today's economics coverage is split between the persistent toll of Brexit on UK trade and a growing anxiety around AI-driven job cuts. New data from the Bank of England puts the Brexit damage at 6% of GDP, while a separate report shows AI is now the top reason companies cite for layoffs. Meanwhile, a study on middle-class incomes across US states reveals just how wide the geographic gap is.
Friday, June 19, 20262 stories
Tariffs and Brexit both hit home
Today's economics news is a double dose of 'who actually pays.' A New York Fed report confirms American consumers and companies foot nearly all of Trump's tariff bill. Meanwhile, fresh Bank of England data pegs Brexit's cost at 6% of UK GDP. Both stories puncture political narratives with hard numbers.