Economic change made legible from policy and markets to work, prices, and households.
Meet the economy desk ↗On October 14, 2026, Netflix cut roughly 6% of its global workforce, touching senior programming leaders and core operations as co-CEOs press for tighter discipline and growth.
Read the story ↗Meta released the Muse Wonder and Muse Wonder Full models on October 12, 2026, claiming frontier status despite incomplete independent benchmarks and skeptical prediction markets.
Read the story ↗HMV will shutter its historic Oxford Street flagship in March 2027 due to soaring rent demands, despite strong group-wide financial performance.
Read the story ↗An automated test involving Anthropic's Claude Haiku 4.5 led to a fabricated eyewitness submission on a Philadelphia police unsolved-murders database.
Read the story ↗The benchmark 30-year fixed-rate mortgage has climbed to 7.40% for the seventh consecutive week, driven by surging Treasury yields, inflation, and the U.S. war with Iran.
Read the story ↗The Federal Reserve's first rate increase since July 2023 resets borrowing costs across the economy, pushing Treasury yields to multi-year highs and tightening credit for households and businesses.
Read the story ↗An accidental fiber-optic line cut in New Jersey exposes the fragile telemetry underpinning the national airspace system, grounding flights across major Northeast hubs.
Read the story ↗U.S. equity futures climbed across major indices as falling crude prices offset the pressure of a 5% Treasury yield and a recent Federal Reserve rate hike.
Read the story ↗.jpg)
Nvidia CEO Jensen Huang dismissed existential AI risks as zero, criticized industry calls for regulation as unscientific, and linked commercial growth to geopolitical stakes.
Read the story ↗At 96, Warren Buffett steps down as chairman of Berkshire Hathaway, concluding an extraordinary tenure that built a $1.1 trillion conglomerate through disciplined value investing.
Read the story ↗
Consumer prices accelerated to 3.1% over the year to August, driven primarily by soaring motor fuels and airfares, while core pressures remained steady.
Read the story ↗Amazon has temporarily halted all cargo operations with 21 Air after a Boeing 767 freighter overran a Miami runway, killing five people on the ground as federal investigators review approach speed and weather factors.
Read the story ↗