US futures nearly unchanged as AI-related stocks hit by heavy selling, oil prices rise
U.S. futures are flat as artificial intelligence-related stocks continue to sell off, while oil prices jetted higher again.…
Mortgage rates fall to lowest level in nearly 4 weeks
Mortgage rates have fallen to their lowest level in nearly four weeks as relief for oil prices and…
Scott Bessent is ‘sick of hearing about’ the K-shaped economy and declares it’s over
Scott Bessent has some good news for consumers this morning: The K-shaped economy is officially over! Consumers on…
Tourism price wars threaten China’s consumer spending
SHANGHAI, CHINA – JUNE 29, 2026 – Chinese and foreign tourists visit historical buildings at night near the…
Why ACA enrollment has fallen by millions
Enrollment in the Affordable Care Act marketplace has fallen by millions of people this year — and the…
States look to drop prescription costs by reining in middlemen
TOPEKA, Kan. (AP) — As consumers worry about medication costs, states are trying to lower drug prices by…
A rush to create protein-added foods is causing a whey powder shortage
Global consumers want more protein in every bite, but the dairy industry is struggling to give it to…
Social Security COLA for 2027 may be 4.7% amid inflation: Estimate
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon…
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as it seemed…
Argentina’s beef consumption falls to lowest level in 20 years as prices soar
BUENOS AIRES, Argentina — At 6 a.m., in the Mataderos neighborhood of Buenos Aires, workers unload sides of…
Social Security COLA 2027 estimates rise with inflation
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo…
Goldman Sachs says K-shaped economy has been exaggerated, will bite in 2026
Despite the consternation around the K-shaped economy, Goldman Sachs’ chief U.S. economist is of the opinion that rumors…