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Surprisingly, Wall Street doesn’t seem to care who gets elected. So far, at least.The stock market isn’t panicking amid the tumult of the Harris-Trump presidential race. Still, the Trump tariff proposals draw warnings.
Housing costs are a top voter issue. Here’s how Harris and Trump compare on solutions.Affordable housing shortages have become a huge voter concern in swing states like Nevada and beyond. Kamala Harris and Donald Trump contrast sharply on their policies in response.
First Look‘Even McDonald’s is expensive.’ Will upping Social Security checks be enough?As U.S. consumers grapple with high costs, the Social Security Administration is increasing its monthly checks by more than $50 on average starting in 2025. At the same time, the social insurance plan faces a severe financial shortfall in the coming years.
Harris and Trump spar over economic impact of taxes and tariffsThe Trump and Harris campaigns both feature low taxes for average Americans. The similarities largely end there.
First LookSchool cafeterias went cashless. Lower income families ended up paying more.School cafeterias going cashless has an unexpected consequence. Families who can load only a limited amount of money at a time end up paying transaction fees more often.
How Fed’s aggressive rate cut may boost Harris’ prospectsThe state of the economy influences elections. Will voters look backward to inflation under President Joe Biden or forward to hopes of finding tamer prices and avoiding a recession?
First LookA group of autoworkers learned sign language. Then came an unexpected benefit.With four hearing-impaired colleagues, the entire 25-member bumper-paint team at a Nissan plant in Sunderland, England, began learning to sign. Kindness in the workplace has been shown to improve productivity, some studies show.
Trump joins the crypto boom. Will he or Harris also regulate it?With cryptocurrency now bigger than Visa, and the Trump family launching a platform, the industry is also preparing for the rise of federal regulation.
First LookIn a sharp rebuke of Boeing, 30,000 air machinists lower tools to raise picket signsAfter negotiations for a 25% pay raise and other benefits stalled, nearly 30,000 Boeing assembly workers have begun striking in Seattle. The strike will shut down airplane production but is unlikely to affect commercial flights.
The job market needs workers. The newest ones are over age 75.This Labor Day, the fastest-growing part of the workforce is also the oldest – people well past “retirement age” seeking both income and activity.
California is bad for business? Don’t tell Californians.California’s business climate has vocal critics including CEOs like Elon Musk, but the state’s cheerleaders say there’s no better place for innovation.
Whether it’s Harris or Trump, populist policies could affect your walletAmerican politicians are leaning into economic populism. If enacted, tariffs or price regulations can harm consumers and the economy, policy experts say.
The ExplainerHarris urges a ban on price gouging: Will that keep food inflation down?With inflation on voters’ minds, Kamala Harris pitches a ban on grocery store price gouging. What’s behind food prices, and can her plan help?
Iran hacking Trump? AI deepfakes? Cyber side of 2024 election heats up.Recent days have seen false allegations of AI meddling, actual AI meddling, and reports of old-style hacking all involving the election campaign. From Iran to artificial intelligence, how big a risk is cyber chaos for the Trump-Harris race?
Stock sell-off spotlights Fed’s role in the economy – and the electionThe Federal Reserve is signaling a cut in interest rates to sustain economic growth. The timing means some will say it’s politically motivated.
Teen summer jobs are back. What’s behind the return of a rite of passage?Sacking groceries and scooping ice cream had been seen as a vanished rite of passage. But this year, the teen summer job is back in a big way.
FocusIn swing state Nevada, the vote may hinge on housingLow housing stock and inflation woes have put homeownership out of reach for many Americans. In Nevada, it could tip the presidential election.
Extreme weather and inflation spur perfect storm for home insuranceHomeowners insurance is more difficult to get and more expensive than ever, largely because of more frequent extreme weather events. What are homeowners’ options and long-term solutions?
Economic signals are blinking green. Why Americans are still seeing red.Jobs in the U.S. economy keep expanding and the inflation rate has largely normalized. Yet economic worries and frustrations persist. Here’s what’s keeping the public from feeling more positive about the economy.
First LookA fare deal: Uber and Lyft drivers to earn $32.50 per hour in Massachusetts settlementUber and Lyft drivers will earn a minimum of $32.50 per hour along with benefits like paid sick leave and health care stipends in a new Massachusetts settlement. The companies will pay an additional $175 million to resolve previous wage law violations.
