Francesca Hong, a democratic socialist running for Wisconsin governor, this week narrowly lost her primary battle against David Crowley, a Milwaukee County executive, but that doesn’t mean the sheen has rubbed off on the left. With 82 days before the midterm elections, younger voters are taking up the mantel for Democratic Socialism, according to a…
In 2026, gold has been a tough trade to time right, falling from a 10-year high over $5,300 an ounce that it reached early in the year by as much as 18%, according to Goldprice.org. But last week was the precious metal’s best week since January, while gold mining stocks had their hottest five-day run…
A produce worker stocks shelves near romaine lettuce (top shelf, right) at a supermarket in Washington, DC on November 20, 2018. Andrew Caballero-Reynolds | AFP | Getty Images Lettuce prices cratered in July as the multistate cyclospora outbreak pushed diners to shun the leafy green. Prices for the vegetable tumbled 16.4% from June, the largest…
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in Washington, DC. J. David Ake | Getty Images The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued…
East Northport, N.Y.: Customers shop the produce section at the Farmer’s Market in East Northport, New York on Aug. 4, 2026. Steve Pfost | Newsday | Getty Images Readings for July on the prices consumers pay for goods and services came in pretty much on target Wednesday, driving traders to lower odds for a September…
Director of the National Economic Council Kevin Hassett speaks to reporters outside of the White House in Washington, on Aug. 7, 2026. Anna Moneymaker | Getty Images A tax break for Americans selling their primary residence could become part of the Trump administration’s midterm pitch. But experts say such an effort is unlikely to happen…
Wendy’s logo sign is seen in Chicago, Illinois, United States, on July 29, 2026. Marcin Golba | Nurphoto | Getty Images Shares of Wendy’s jumped as much as 15% in morning trading on Wednesday after the Financial Times reported that Nelson Peltz’s Trian Fund Management is preparing a takeover bid for the struggling burger chain….
Customers looking at products in the refrigerated section inside Publix grocery store, North Beach, Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images The Social Security cost-of-living adjustment for 2027 may be 3.4% to 3.6%, according to new estimates based on government inflation data released Wednesday. The Social Security cost-of-living adjustment, or…
Joshua Kushner, founder of Thrive Capital (L), and Bob Iger during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 10, 2026. Getty Images (L) | CNBC (R) The Los Angeles Lakers have sold — again. Less than a year after buying a controlling ownership stake in the…
A person pumps gas at a Chevron gas station on Aug. 7, 2026 in Austin, Texas. Brandon Bell | Getty Images Consumer prices rose in July — a reversal of the pullback in June — but showed inflation broadly moderating, even as energy remained sharply higher than a year ago. The consumer price index, an inflation…