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It’s Jerome Powell’s curtain call. Loading audio narration… The Federal Reserve chair’s term is set to end on May 15 after eight years leading the central bank, making this week’s Fed meeting his last in the post. Trump nominee Kevin Warsh is likely to be greenlit by the Senate as…
Exactly how “big” is Big Tech’s workforce these days? Loading audio narration… The past several years brought a pandemic-era hiring surge followed by a swift pullback, waves of layoffs, and massive AI investments. Together, these shifts have reshaped the labor force at some of the largest US tech companies. Between…
New York City Mayor Zohran Mamdani has a new warning: Living in the city with kids could cost you at least $150,000 a year. Loading audio narration… The Mayor’s Office of Equity & Racial Justice released its inaugural “NYC True Cost of Living Measure” report Monday. The TCOL figure adapts…
It can get expensive to keep the gas tank filled, pay the bills, and decide what to make for dinner.Those costs and more add up over a year, especially for lower-income Americans. The Bureau of Labor Statistics publishes annual consumer expenditures data, with the most recent estimates capturing spending in…
Your next flight could be twice as expensive because the Iran war is causing volatility in oil prices.Brent crude is up more than 50% over the past month, to around $101 a barrel. Jet fuel costs are rising faster. The Argus US Jet Fuel Index is up 72% over the…
