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economy

$83 Trillion Wealth Transfer is Leading First-Time Buyers to Skip the Starter Boat

The image of the superyacht owner once centered on champagne-soaked deck parties in the Mediterranean and gleaming vessels built to signal status from afar. Modern buyers want something different: high-speed satellite internet strong enough for investor calls in the Norwegian fjords, a wellness deck that rivals a luxury

U.S. economy adds 115,000 jobs in April

(The Center Square) – The U.S. economy added 115,000 jobs in April, about double what economists had forecast, while the unemployment rate held steady at 4.3%, the Bureau of Labor Statistics reported Friday. Health care led job gains, adding 37,000 positions, followed by transportation and warehousing, which

U.S. economy adds 115,000 jobs, beats estimates; But low-wage jobs lead gains

U.S. economy adds 115,000 jobs, beats estimates; But low-wage jobs lead gains

The U.S. economy created 115,000 jobs in April, besting economists’ and Wall Street estimates of 55,000 new jobs. But many of the biggest employment gains last month were in lower-wage jobs, according to the U.S. Bureau of Labor Statistics. Last month, the U.S. economy

Why Trump’s $2 billion buyoff to cancel offshore wind farms is a bad deal for American taxpayers and the US energy supply

Why Trump’s $2 billion buyoff to cancel offshore wind farms is a bad deal for American taxpayers and the US energy supply

The U.S. is in a bizarre situation in 2026: It’s facing a looming energy shortage, yet the Trump administration is making deals to pay offshore wind developers nearly US$2 billion in taxpayer money to walk away from energy projects. These politically motivated moves are costing Americans far

Missoula graduates weigh job options as Montana unemployment holds

MISSOULA, Mont. — Montana’s unemployment rate held at 3.6 percent as University of Montana graduation moved forward this week and many students looked ahead to the job market. State officials said Montana’s push to grow workforce participation and connect people with careers helped support the economy. Officials also

Mortgage Rates Dip in Hope of War’s End

Mortgage Rates Dip in Hope of War’s End

If you've seen contradictory headlines about mortgage interest rates today, that's because rates are in an unusual spot. Where rates have been, where they are right now, and where they could go are three separate, but related, stories. Let's start with where rates have

U.S. deficit projected to hit $2 trillion, double fiscal target

(The Center Square) – The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has bipartisan support in Congress, according to Treasury's quarterly refunding documents. The $2 trillion figure in fiscal year 2026 is up from $1.