Section · page 13

Economy

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Economy archive — page 13 of 22, newest and highest-significance first.

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Diversity is good for business, report on Black consumer spending finds

The National Urban League released its 2026 State of Black America report. The report includes a special section called "The Why Behind the Buy: Analyzing Black Buying Power". It found that Black consumers spend more when brands support diversity, equity and inclusion. When brands reduce those commitments, Black consumers cut back their spending.

Aug 1, 11:00upd. 3h
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The rich have one financial habit most Americans ignore at their peril

Fox News says the rich have a habit that most Americans ignore. They do not make big money decisions by themselves. Instead, they ask for advice from experts or trusted people. Many Americans try to decide alone, which can lead to mistakes. The article suggests copying this habit could improve personal finances.

Jul 31, 09:00upd. 1d
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Portland General Electric: Q2 Earnings Snapshot

Portland General Electric reported second‑quarter net income of $68 million. That equals 59 cents per share. After adjusting for one‑time items, earnings were 64 cents per share. The company said the results met Wall Street expectations.

Jul 31, 09:07upd. 1d
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We must help more people buy a home. It’s key to the American Dream

A real estate expert says we need to help more Americans buy homes. He describes the special moment when buyers get their keys at closing. He says buying a home is a big part of the American Dream. He warns that getting a home is now harder because of low supply, high insurance costs, and many rules.

Jul 31, 09:00upd. 1d
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Why is Pirelli stock sliding today?

Pirelli's stock price went down. The company's earnings report was not good. Investors sold their shares.

Jul 30, 09:20upd. 2d
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Wall Street week ahead: monthly jobs report, McDonald’s and SpaceX earnings

{"Wall Street is watching several important updates this week.","The U.S. government will release the monthly jobs report on Friday.","McDonald’s and SpaceX will announce their quarterly earnings.","Investors use these reports to gauge the health of the economy and specific industries."}

Aug 1, 08:00upd. 5h
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economy1 outletCalibrating

These Levi's jeans are built to last — and most styles are under $50

Levi's jeans are known for being strong and lasting a long time. Many styles, like the 501 and 505, are sold for less than $50. The article highlights popular fits for men and women, including the Ribcage and Athletic Fit. It notes that the classic 501 has been made since 1873 and gets softer with wear.

Jul 31, 18:29upd. 19h
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economy1 outletCalibrating

The real reason Americans are fleeing blue states for Florida and Texas

New York Comptroller Thomas DiNapoli released a dashboard showing how many people left the state. The data reveals a large loss of married, middle‑class taxpayers. He urged policymakers to improve affordability for families. An analysis of IRS records from 2018‑2023 confirms many of those movers are heading to Florida and Texas.

Jul 31, 13:00upd. 1d
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Trump's new tariffs are just as questionable as his previous ones

President Donald Trump announced a third round of broad tariffs on imports. His first two tariff plans were blocked by federal courts. Critics say the new tariffs are just as questionable as the earlier ones. They argue Trump is choosing a policy first and then looking for a legal reason.

Jul 31, 11:00upd. 1d
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economy1 outletCalibrating

Boeing and professional aerospace union reach contract agreement

Boeing and the Society of Professional Engineering Employees in Aerospace (SPEEA) have reached a contract agreement. The union said its members endorsed Boeing's final contract offer on Thursday. The deal covers wages, benefits, and working conditions for engineers and technical staff.

Jul 31, 04:30upd. 1d
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Barclays Names Top Picks in European Consumer Staples on Resilient Premium Demand, Innovation

Barclays analysts selected several European consumer staples companies as top investment picks. They cited strong demand for premium products and ongoing innovation as reasons. The picks include firms in food, beverages, and household goods. Barclays expects these stocks to perform well despite broader market uncertainty.

Jul 30, 12:32upd. 2d
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Bank of England policymakers set out views on rates outlook after split vote

{"The Bank of England's policymakers recently voted on interest rates and the vote was split.","After the vote, they explained their views on where rates might go next.","This helps markets understand what the central bank might do in the coming months."}

Jul 30, 12:24upd. 2d
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economy1 outletCalibrating

Mastercard profit jumps as stable spending drives transaction volumes

Mastercard reported higher profits in its latest quarter. The increase came from steady consumer spending, which led to more card transactions. The company said transaction volumes grew because people kept using their cards for everyday purchases. Mastercard expects this trend to continue if spending stays stable.

Jul 30, 12:24upd. 2d
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economy1 outletCalibrating

Labcorp raises annual profit forecast on strong testing demand

Labcorp raised its annual profit forecast. It reported better-than-expected second‑quarter results. Steady demand for diagnostic testing and growth in drug‑development services helped the performance. Shares fell about 6% in premarket trading.

Jul 30, 12:31upd. 2d
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Major central banks steer a cautious hiking path

The US Federal Reserve kept interest rates unchanged after its meeting. Fed official Kevin Warsh said the bank will keep fighting inflation, which confused some traders. The Bank of England also left rates steady on Thursday. The report says the Bank of Japan is facing decisions about its policy as well.

Jul 30, 12:30upd. 2d
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German inflation accelerates to 2.8% in July

German inflation rose to 2.8% in July, up from 2.5% in June. Inflation also increased in four major German states. In Bavaria it reached 2.8%, in North Rhine‑Westphalia 2.7%, in Baden‑Wuerttemberg 2.5%, and in Lower Saxony 2.7%. Higher energy and raw material prices, partly due to the war in Iran, contributed to the rise.

Jul 30, 12:31upd. 2d
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economy1 outletCalibrating

Blue Owl posts slower inflows to credit, real assets support profits

Blue Owl, an alternative asset manager, reported quarterly profit that matched analysts' expectations. Inflows to its credit business slowed as wealthy investors pulled back money. However, growth in its data‑center and real‑asset investments helped support overall profits. The company is emphasizing its broader business to show it is not dependent only on private lending.

Jul 30, 12:30upd. 2d
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How Washington’s war on ‘Wall Street landlords’ could backfire on Gen Z renters

Congress has passed a big housing bill called the 21st Century ROAD to Housing Act. The bill aims to limit big investors, often called “Wall Street landlords,” who buy many single‑family homes to rent. Supporters say it will help make housing more affordable. But new research shows the limits could cut rental homes available to young renters, especially Gen Z, and may not lower rents.

Jul 30, 10:30upd. 2d
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