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Economy
Too Hot to Build
By Aryn Baker
Britain Is Embracing Austerity 2.0
By Yasmeen Serhan/London
Senators Demand Answers on Sugar Merger
By Eric Cortellessa
The Cure for Inflation Means More Pain for Renters
By Alana Semuels
More in
Economy
These Startups Want to Be the ‘Amazon of Weed’
The legal marijuana industry in the U.S. could be wildly profitable, although startups face complex regulations.
By Nik Popli
November 9, 2022
The Best Paid Remote Jobs and How to Get Them
Here are some of the best-paid fully-remote jobs in the U.S. and how to get them
By Armani Syed
November 4, 2022
How Raising Interest Rates Helps Fight Inflation
Why Fed Chair Jerome Powell just raised interest rates, again.
By Nik Popli
November 2, 2022
What to Know About Biden's Crackdown on 'Junk' Fees
Banks, airlines, cable companies, and more could be stopped from charging certain extra fees
By Megan McCluskey
October 31, 2022
Fact Checking Politicians' Inflation Claims
As Election Day nears, both Republicans and Democrats are talking more about inflation, and placing the blame for it on their opponents.
By Alana Semuels
October 31, 2022
Think the Energy Crisis Is Bad? Wait Until Next Winter
Europe and the world will make it through this winter but next winter is shaping up to be an energy emergency without any good solutions
By Suriya Jayanti
October 31, 2022
The Global War for Young Talent Will Shape the Future
Successful countries in the future will be distinguished by one thing: Importing young people
By Parag Khanna
October 24, 2022
Booker Prize Winner Shehan Karunatilaka on Literature and Sri Lanka's Ongoing Crises
TIME speaks with the Sri Lankan author after he won the prestigious Booker Prize on Monday.
By Armani Syed
October 19, 2022
America Needs More Men Working in Health Care and Education
The gender desegregation of the labor market has so far been almost entirely one-way. That needs to change
By Richard V. Reeves
October 19, 2022
Forecast for U.S. Recession Rise
Inflation and expectations of the Fed pressing ahead with rate hikes are raising the risk of a contraction.
By Josh Wingrove / Bloomberg
October 17, 2022
There Is a Painless Way to Fix Inflation
The Federal Reserve's moves to keep raising interest rates is going to lead to disaster. There is a better way.
By Zachary Karabell
October 17, 2022
The Role of Small Businesses in the Climate Fight
Every company has a carbon footprint. And each can help solve our global problem. Here's how big and small actions make a huge difference in the climate fight.
By Jeff Wilser
October 13, 2022
A Year After Striketober Employers Push Back
Some companies will do just about anything to stop workers from unionizing
By Alana Semuels
October 13, 2022
What It Would Take to Avoid a Rail Strike This Holiday Season
It’s the second time since July that there’s an impending U.S. rail strike, as workers continue to express concern over their existing labor contract.
By Nik Popli
October 12, 2022
Intel Plans to Lay Off Thousands of Employees
The layoffs will be announced as early as this month, to cut costs and cope with a sputtering personal-computer market.
By Mark Gurman and Debby Wu / Bloomberg
October 12, 2022
Bernanke Shares Nobel for Research on Banks
The Nobel Prize committee said the research of the three winners had shown “why avoiding bank collapses is vital.”
By Associated Press
October 10, 2022
U.S. Jobs Rise While Unemployment Drops, Keeping Pressure on Fed
While there have been some indications of moderating labor demand, employers, many still short-staffed, continue to hire at a solid pace.
By Reade Pickert/Bloomberg
October 7, 2022
Why U.S. Income Inequality Hasn’t Risen in a Decade
A new study suggests income inequality has stabilized due to growth in wages for the lowest-paying jobs
By Nik Popli
October 5, 2022
EU’s Von Der Leyen Proposes Gas Price Cap as Energy Fears Rise
Nations in the bloc are struggling to cope with record energy prices and the risk of shortages this winter
By Ewa Krukowska and John Ainger / Bloomberg
October 5, 2022
OPEC+ Tries to Keep Oil Above $90 With Large Production Cut
The cartel’s decision risks adding another shock to a global economy that is already battling inflation driven by high energy costs.
By Salma El Wardany, Grant Smith, Ben Bartenstein and Fiona MacDonald / Bloomberg
October 5, 2022
Why We Should All Be Worried About 'Chokepoint Capitalism'
The practice ultimately results in higher prices for customers and lower wages for workers
By Billy Perrigo
October 4, 2022
How to Adjust Your Budget for Inflation
Tiffany “The Budgetnista” Aliche breaks down what you need to do to balance your budget right now.
By Jenna Caldwell and Solcyre Burga
October 3, 2022
How to Negotiate With Car Dealers as Prices Climb
What I wish I knew about negotiating before overpaying for my new compact SUV
By Alana Semuels
September 29, 2022
U.S. Housing Prices Fall for First Time in a Decade
The declines in home prices have been steepest in the most unaffordable locations, especially on the West Coast.
By Prashant Gopal / Bloomberg
September 27, 2022
Gun Violence Costs U.S. $557 Billion a Year
Gun violence causes tens of thousands of U.S. deaths each year and it's having a significant impact on the economy.
By Madison Muller / Bloomberg
September 27, 2022
British Pound Hits Record Low After Tax Cuts
The U.K. government’s new fiscal measures have sent investors into a panic
By David Goodman and Libby Cherry / Bloomberg
September 26, 2022
A Beer Shortage Is Brewing. Blame a Volcano
Food and beverage companies have been scrambling to find suppliers of carbon dioxide
By Nik Popli
September 22, 2022
Britain's Economy Is at a Pivotal Moment
The death of Queen Elizabeth II and the period of national mourning that followed have been the latest blow to Britain’s mounting economic pressures.
By Simon Constable
September 22, 2022
Fed Delivers Third-Straight Big Hike
Federal Reserve officials are stepping up their fight to curb inflation that’s persisted near the highest levels since the 1980s.
By Matthew Boesler/Bloomberg
September 21, 2022
Looking for a New Job? Ask Someone You Barely Know
A new study using data from 20 million LinkedIn users reveals that weaker ties lead to better opportunities.
By Megan McCluskey
September 15, 2022
Potential Rail Strike Squeezes Biden Between Unions, Economic Peril
The Biden administration is pressuring labor unions and freight-rail operators to agree on a new contract before Friday to avert a strike.
By Augusta Saraiva and Jordan Fabian/Bloomberg
September 12, 2022
Our Ancestors Thought We'd Build an Economic Paradise. Instead We Got 2022
After 1870 the world's economy took off, but instead of the prosperous utopia our ancestors predicted we're all unhappy and unequal
By J. Bradford Delong
September 8, 2022
Fact-Checking Biden’s Student Loan Plan
Will Biden’s new plan make inflation worse? Is it an abuse of executive power? Here’s what to know.
By Eric Cortellessa
August 26, 2022
What Wisconsin Tells Us About the Midterms
A trip to a Trump rally and a Democratic meet-and-greet revealed some shared grievances.
By Philip Elliott
August 18, 2022
Biden Just Scored a Huge Win. Do Voters Care?
The significant victory of the Inflation Reduction Act is not top of mind for many, which should worry the President and his fellow Democrats as November draws closer.
By Philip Elliott
August 12, 2022
U.S. Inflation Runs Cooler Than Forecast
U.S. inflation decelerated by more than expected, which may take some pressure off the Fed to continue hiking interest rates
By Olivia Rockeman/Bloomberg
August 10, 2022
What's in the Inflation Reduction Act
The landmark climate, health care and tax package is expected to reach President Biden's desk after the House passes it on Friday.
By Solcyre Burga
August 8, 2022
What a Massive Voter Survey Tells Democrats About What They’re Doing Wrong
A survey shared exclusively with TIME details how Democrats can catch up to Republicans on the issue of the economy.
By Philip Elliott
August 8, 2022
Biden Takes Victory Lap on Jobs Report
“Today there are more people working in America than before the pandemic began,” the President boasted.
By Brian Bennett
August 5, 2022
CEOs Cut Jobs Despite Hot Labor Market
Even booming companies are laying off workers and talking up concerns about an economic downturn
By Alana Semuels
August 5, 2022
What The Inflation Reduction Act Says About Climate Action
With inflation among voters' top concerns, framing a massive spending bill as a way to address the issue makes political sense
By Justin Worland
August 4, 2022
Charles Koch's Latest Political Stunt
The billionaire paid for 250 people to fill up at $2.38 per gallon, the price when Joe Biden became President.
By Philip Elliott
August 2, 2022
Did Schumer Dupe Republicans Or Outsmart Them
Republicans claim they were deceived, after Democratic Sen. Joe Manchin announced a surprise deal on a climate and tax bill.
By Eric Cortellessa
July 28, 2022
What Is a Recession and Is the U.S. in One in 2022?
A recession has traditionally been defined as two back-to-back quarters of declining gross domestic product
By Solcyre Burga
July 28, 2022
U.S. Economy Shrinks for a Second Quarter
Weakness in interest rate-sensitive sectors is likely to throw fuel on the heated debate about if or when the U.S. enters a recession
By Reade Pickert / Bloomberg
July 28, 2022
Fed Raises Rates to Clamp Down on Inflation
Policy makers, facing the hottest price pressures in 40 years, lifted the target range for the federal funds rate to 2.25% to 2.5%.
By Jonnelle Marte / Bloomberg
July 27, 2022
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