Fast lane to bankruptcy: Musk warns of spiralling debt amid US government's borrowings spree

Tesla and SpaceX chief executive Elon Musk has sounded a grim warning about the direction of United States government spending, saying current fiscal policies are on course to bring America to ... Read More

US Economy Is Slowing, but Still Has Momentum, Former Official Says

SHANGHAI (Reuters) - The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. The U.S. Federal Reserve is doing about the right thing, Rubin ... Read More

Is the economy headed for a hard or soft landing? Music fans think ‘recession pop’ has the answer.

The stock market crashed. The unemployment rate soared. But the music slapped. That’s at least what Joe Foster, 27, remembers when he thinks of the Great Recession: nights spent drinking Sprite ... Read More

US economy's fate hangs on jobs report as Fed decides how deep cuts will go

Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a tipping point. Read More

U.S. debt just hit $35 trillion. Is it putting the global economy at risk?

To get a sense of just how big they are, Blair Henry agreed to join us ... chief economist at the International Monetary Fund for years. He calls the rising interest on our debt a huge economic ... Read More

America’s economy is wildly confusing right now. Here’s what’s really going on

New York CNN — Just 10 days ago, anxious markets were freaking out about the US economy, convinced that ... seeking more bargains,” Nationwide Chief Economist Kathy Bostjancic said in a ... Read More

US firms see weaker employment growth as economy slows, Fed survey shows

The Fed is trying to engineer a so-called "soft landing ... US jobs data, yen jumps 7:37 AM UTC Marketscategory Markets torn by US services-factories divide 6:03 AM UTC Marketscategory Britain needs ... Read More

Early US imports lessen risk from potential seaport strike, economist says

Such planning has "absolutely" mitigated risk from a potential port strike, S&P Global economist Paul Bingham ... CEO of Michigan-based Anderson Economic Group. "If you're relying on specific ... Read More

Why Breaking Won't Be Featured in the 2028 Olympics (and What's Taking Its Place)

Harry Langer/DeFodi Images/Getty Dancers, don't flip out at this news! Breaking (colloquially known ... sport has flourished in New York and other US cities since the 1970s. Furthermore, the ... Read More

LI mom accused of meth-fueled, wrong-way crash that killed son, 9, was victim of ‘severe domestic violence’: ex-attorney

John Roca/Newsday POOL “… He was just afraid of this happening, her harming herself or [Eli]… No one listened to us.” The family hadn’t seen Eli in four years, they said. The boy they ... Read More

Jamie Dimon on how economic inequality fueled political polarization and what can be done

So, when you compare us to the rest of the Western ... Early this year, in an interview with CNBC at the World Economic Forum in Davos, Switzerland, Dimon says he was trying to make that point ... Read More

Suddenly, Hourly Workers Aren’t So Hard to Find

In the bowels of Boston Logan International Airport, a sign on the door of ABM Industries recently warned would-be job seekers: “WE ARE CURRENTLY NOT HIRING,” it said. “PLEASE KEEP CHECKING ... Read More