A new Anthropic model seeks to test how AI could impact the U.S. economy
Will artificial intelligence nibble around the edges of the economy or upend it altogether? A new, interactive model from Anthropic…
The IRS slashed its staff. One result? More taxes going uncollected
The IRS slashed its auditing staff last year — but the move may have backfired as tax collections from enforcement…
Fed’s Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes…
The stakes as high as Kevin Warsh is set to give his first major speech as Fed Chair
The stakes are high as Fed Chair Kevin Warsh prepares to give a speech on Friday at the annual gathering…
The White House’s preferred economic tools are hitting snags
Tariffs and export controls have been the Trump administration's main economic security tools. Neither is working very well right now.
Soaring summer power bills spark protests — and even disconnections
The price of electricity is soaring in the summer heat, when fans and air conditioners are working nonstop. In Tulsa,…
Three things to know about the $40 trillion federal debt
The U.S. federal debt hit a record $40 trillion this week. The debt has doubled since 2017, and just paying…
The U.S. debt tops a record-shattering $40 trillion. Yes, with a T.
The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors…
We learned 5 important things about the economy this week
From inflation, to credit card debt, to who's actually doing the spending: These are key takeaways from this week in…
Inflation eases in July as gasoline and grocery prices fall
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or…