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Economy
Economic news, policy and analysis.
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Another warning sign for China’s economy: falling consumer credit
A crackdown on aggressive debt collectors is good news and bad news
He Leads a $240 Billion Food Giant. Here’s the Difficult Management Rule He Follows
This CEO used to struggle with giving tough feedback.
Airport drop-off charges to be reviewed after sharp increase
Confirming the review, the government said it was "vital to ensure travel remains accessible and that passengers are treated fairly".
Why Your AI-Generated Marketing Strategy Looks Great on Paper — But Fails in Practice
It's okay to use ChatGPT and other LLMs to formulate a marketing strategy, but your marketing plan should not be formed without using real data and inputs from your business.
3 things that are driving inflation higher
Struggling with elevated prices? You don’t have to look much further than your local gas station.
Netflix to shed 1,000 jobs in steepest cuts since 2022
The cuts equate to around 6% of the streaming giant's total workforce worldwide.
Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemma
There isn’t any way to spin Wednesday’s hot consumer-price index report as good, especially when looking at the bond market’s reaction.
Rising diesel prices have helped fuel inflation — and we’re about to see how much worse it could get
Consumer inflation just came in hot. Thursday will provide more clues on the impact of record diesel prices ahead of the midterm elections.
These Plumbing Pros Are Using a ‘Jackpot’ Strategy to Fix Your Boring Bathroom. Their Colorful Business Made $3.9 Million Last Year
Benjamin Fix and Greg Reinecker started a business to appeal to the next generation.
The Timeless Power of Human Leadership in an Automated World
As AI accelerates how work gets done, the leaders who matter most will be the ones who double down on what technology can't replace.
Why Your Business Sometimes Needs an Uncomfortable Leap to Get ‘Unstuck’
When your business is "stuck" in neutral, sometimes you have to take an uncomfortable leap of faith to get your business moving again.
'It's rough out here': Americans struggle with rising inflation
US inflation continues to rise, and this month the jump was above forecasts. Here's how some are surviving.
Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer
Abdulrahman Alfozan had worked for the AI giant for more than a year before he was arrested by the FBI.
Who’s at Fault When AI Makes a Serious Mistake? Managers Can’t Agree
A Wharton study finds a growing accountability problem as businesses hand more impactful decisions to AI.
Micron wins praise from Elon Musk for not being too greedy
Top memory-chip providers have ample room to raise prices further, but Musk thinks Micron isn’t squeezing its customers to an excessive degree.
How Iran’s $2 trillion threat puts your AI stocks at risk
The Fed admits it can’t cool Big Tech’s spending spree. Tehran says it can, and it just named the targets.
BlackRock now manages assets equal to half the size of the U.S. economy after 15% growth
Fund-management giant BlackRock said Wednesday that assets under management are nearly $15.5 trillion after growth of 15%.
Driving test waits fall to two-year low - but still average 20 weeks
Learner drivers in September had to wait an average of 19.7 weeks, or around five months, for a practical test.
Dave’s Hot Chicken Started With $900 in a Parking Lot. It Now Has 500 Restaurants
The chain has eight openings in one day, deals across Europe and no sign of slowing down.
US inflation rises more than expected ahead of midterm elections
The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.
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