PBS News Economy
Sharp swings for Nvidia and oil prices weigh on Wall Street
Nvidia's stock plunged as much as 14% at the start of trading following the resignation of Jensen Huang, its CEO, co-founder and face of the brand.
The Wire
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Economy — 3,810 stories
Euronews Economy
UK economy grows 0.7% in third quarter as AI demand lifts output
Britain’s economy grew 0.7% in the third quarter, in line with expectations. Computer programming and consultancy helped drive growth as demand for AI and cloud computing rose, while the Iran war pushed up energy costs.
Federal Reserve Board Economy
FEDS Note: A Common Pattern behind Diverging Fortunes: U.S. Tariffs and Exports from Canada and Mexico
Chris Avalos, Musa Orak, and Avani Pradhan The 2025 U.S. tariff increases were followed by sharply different export outcomes in Canada and Mexico. Comparing the 12 months ending in April 2026 with calendar year 2024…
NBER Economy Full text
AI as Shared Business Infrastructure: Firm Growth and the Distribution of Gains -- by Panle Jia Barwick, Lu Fang, Jinhan Liu, Huilan Xu, Zhe Yuan
Generative AI improves performance on individual tasks, but whether those gains translate into firm growth, and for which firms, remains an open question. We study a leading Chinese e-commerce platform that in 2024…
CNBC Economy Full text
Voters say the economy drove them to the polls — and blame Trump for their troubles
Participants in the CNBC Voter Poll ranked the economy the most important issue facing the country, ahead of topics tied to democracy and immigration.
U.S. Bureau of Economic Analysis Economy Primary Full text
GDP, (Third Estimate), Industries, Corporate Profits, State GDP, and State Personal Income, 2nd Quarter 2026; State PCE, 2025
Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the second quarter of 2026 (April, May, and June), according to the third estimate released today by the U.S. Bureau of Economic Analysis (BEA).
U.S. Bureau of Labor Statistics Economy Primary Full text
Payroll employment increases by 162,000 in August; unemployment rate unchanged at 4.1%
Total nonfarm payroll employment increased by 162,000 in August, and the unemployment rate was unchanged at 4.1 percent. Employment increased in food services and drinking places and in local government education. The…
The Guardian Economy
Jensen Huang built an AI kingdom. Now he’s gone, will Nvidia’s ramparts be breached?
CEO’s affair and resignation has brought company’s murky corporate contracts and supply chains into sharp focus Can the AI economy survive without its “central bank”? What does Jensen Huang’s fall mean for the world’s…
BBC News Economy
The rise and fall of Jensen Huang - how the tech superstar became mired in scandal
Within days, Huang's status as a seemingly untouchable figure leading the global tech race has crumbled.
PBS News Economy
Nvidia CEO Jensen Huang resigns after his affair raises national security concerns
After a dizzying series of headlines about Huang's infidelity and ties to an alleged Chinese spy, his departure sets off a scramble to find a permanent replacement to lead the multitrillion-dollar colossus that grew…
Euronews Economy
Nvidia shares tumble as Jensen Huang steps down as CEO
US stocks fell at the open, led by tech shares, as investors weighed what Jensen Huang’s resignation as CEO could mean for Nvidia and the wider AI industry.
Federal Reserve Board Economy
FEDS Note: The Effect of Oil Prices on Core Inflation: Recent Evidence from the Advanced Economies
Andrea De Michelis, Musa Orak, Avani Pradhan, and Albert Queralto Elevated oil prices and heightened geopolitical uncertainty have renewed interest in a longstanding policy question: do supply shocks like oil-price…
NBER Economy Full text
Knowledge Without Taxation? Experimental Evidence from a Tax Education Program -- by Anders Jensen, Nikhil Kumar, Konstantin Poensgen
A property tax experiment in Ghana randomly provides tax education to property owners and frontline officials. The intervention raises tax knowledge, which spreads through social networks to untreated neighbors, but…
CNBC Economy Full text
Analysis: Kevin Warsh is keeping Wall Street guessing. It may be his most powerful tool
The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.
U.S. Bureau of Economic Analysis Economy Primary Full text
U.S. International Transactions and Investment Position, 2nd Quarter 2026
The U.S. current-account deficit resulting from international economic transactions widened by $33.4 billion, or 15.7 percent, to $246.0 billion in the second quarter of 2026, according to statistics released today by the U.S. Bureau of…
U.S. Bureau of Labor Statistics Economy Primary Full text
Both payroll employment (-23,000) and unemployment rate (4.1%) change little in July
Both nonfarm payroll employment (-23,000) and the unemployment rate (4.1 percent) changed little in July. Employment declined in local government education and retail trade. Employment continued to trend up in health…
CNA Economy
Who is Colette Kress, the interim CEO replacing Jensen Huang at Nvidia
Colette Kress often pushed back against Jensen Huang’s riskier AI bets. Now Nvidia’s longtime CFO is running the company while it searches for a new CEO.
The Guardian Economy
Home sales hit 16-year low in October amid record-high mortgage rates
Sales of built units fell to 3.75m in October, down by 8.8% from last year, with mortgage rates at nearly three-year high US existing home sales hit a 16-year low in October as buyers were driven away by record-high…
BBC News Economy
Faisal Islam: Why the UK economy is surprisingly resilient
The UK is seeing impressive growth, but will it last?
Euronews Economy
European tech shares fall as Nvidia board weighs ousting Jensen Huang
European chip stocks fell after Nvidia slid 8.6% in after-hours trading on reports that its board was preparing to oust CEO Jensen Huang. In Frankfurt, the DAX topped 27,000 for the first time as Siemens rallied on…
PBS News Economy
How companies are using AI to make you spend more money
Companies have always tried to maximize profits, but now there are a host of sophisticated tools to determine the prices of the goods and services they sell. At a time when so many Americans are frustrated with rising…
NBER Economy Full text
Vigilance, Risk Vulnerability, and the Precautionary Augment -- by Miles S. Kimball, Vincent A. Mastantuno
Risk raises the expected marginal utility of a prudent agent. We define this proportional change as the precautionary augment, which measures risk-induced changes in the marginal value of saving, the Lucas Tree…
Federal Reserve Board Economy Full text
FEDS Note: Treasury Issuance and Dealer Balance Sheets
Jonathan Glicoes, Lubomir Petrasek, Zack Saravay, and Mary Tian Primary dealers play an important role as intermediaries in Treasury securities and repo markets, and demand for their intermediation rises on issuance…
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