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Economy

deep-sea mining equipment
China dominates the minerals that power AI. But one company claims there’s enough supply on the ocean floor to last for hundreds of years

Potato-sized mineral balls on the ocean floor may be an answer to easing the U.S.’s reliance on Chinese minerals.

By Jake AngeloMay 15, 2026
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay
By Jason MaMay 15, 2026
Kevin Warsh, U.S. President Donald Trump's nominee for Chair of the Federal Reserve, is sworn in to testify during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC.
Dominoes are steadily falling in the path of the rate cuts Trump wants to see from Kevin Warsh
By Eleanor PringleMay 15, 2026
Singapore Airlines defends its decision to invest in loss-making Air India: ‘We know the market and how difficult it feels’
Singapore Airlines defends its decision to invest in loss-making Air India: ‘We know the market and how difficult it feels’
By Angelica AngMay 15, 2026
lebanon
Lebanon’s economy minister on the ‘existential nature’ of the Iran War shock: companies closing, people losing jobs, no tourism
By Malak Harb, Kareem Chehayeb and The Associated PressMay 15, 2026
Current price of oil as of May 15, 2026
Current price of oil as of May 15, 2026
By Joseph HostetlerMay 15, 2026
Latest Stories
texas
North AmericaThe new American Dream doesn’t live in a big city. It lives in Celina, Texas
By Nick LichtenbergMay 15, 2026
Harrison Ford wearing a bow tie
SuccessBefore ‘Star Wars’ made him a multimillionaire, Harrison Ford struggled to make ends meet—so he spent 15 years working a trades side-gig
By Preston ForeMay 15, 2026
Jenn Hyman reflects on the highs and lows of running Rent the Runway for almost two decades
NewslettersJenn Hyman reflects on the highs and lows of running Rent the Runway for almost two decades
By Emma HinchliffeMay 15, 2026
US hedge fund manager Bill Ackman, CEO of Pershing Square Capital Management, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026.
InvestingBill Ackman has been quietly buying Microsoft since February, when AI fears were dragging the stock
By Eva RoytburgMay 15, 2026
newsom
Personal FinanceGavin Newsom blasts Trump and Bessent as ‘dumb and dumber’ while unveiling $350 billion state budget
By Trân Nguyễn and The Associated PressMay 15, 2026
new mexico
North AmericaNew Mexico is raking in oil profits from Iran War, gaining $59 million for every $1 added to the price of a barrel
By Morgan Lee and The Associated PressMay 15, 2026
boeing
LawJury awards $49.5 million to family of 24-year-old who died in Boeing 737 Max crash in 2019
By Rio Yamat and The Associated PressMay 15, 2026
ratcliffe
PoliticsCIA director traveled to Cuba and met with Raul Castro’s grandson, officials confirm
By Andrea Rodriguez, Eric Tucker and The Associated PressMay 15, 2026
More Economy
Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally
North AmericaWall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally
By Jim EdwardsMay 15, 2026
  • Musk stands with his arms cross next to Trump who sits a table.
    PoliticsElon Musk, Tim Cook and Larry Fink expected to join Trump’s entourage to Beijing this week
    By Michelle Chapman and The Associated PressMay 12, 2026
Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
BankingFed Governor Stephen Miran to resign after Kevin Warsh is sworn in
By Bloomberg and Enda CurranMay 14, 2026
Bat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds
EnvironmentBat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds
By The ConversationMay 14, 2026
data center
EconomyMeta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget
By Jake AngeloMay 14, 2026
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
PoliticsSenators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
By The Associated Press, Joey Cappelletti and Mary Clare JalonickMay 14, 2026
US Secretary of Defense Pete Hegseth (bottom L) speaks with US Treasury Secretary Scott Bessent (bottom centre R), as Tesla and SpaceX CEO Elon Musk (top R) uses his phone and Apple CEO Tim Cook (C) looks on at a welcome ceremony for US President Donald Trump at the Great Hall of the People in Beijing on May 14, 2026.
EconomyScott Bessent made a fortune spotting currency manipulation. He says Beijing’s $2.5 trillion black hole is ‘a problem for the Europeans’
By Eva RoytburgMay 14, 2026
  • cam
    PoliticsCameron Hamilton, fired by Trump for defending FEMA’s right to exist, tapped to lead FEMA by Trump
    By Gabriela Aoun Angueira and The Associated PressMay 12, 2026
Burned out and going nowhere: the American worker is too mentally drained to even look for a new job
HealthBurned out and going nowhere: the American worker is too mentally drained to even look for a new job
By Nick LichtenbergMay 14, 2026
fulfilled
HealthHalf of older Americans are unfulfilled. Their doctors can’t see it
By Nick LichtenbergMay 14, 2026
Current price of Bitcoin for May 14, 2026
Personal FinanceCurrent price of Bitcoin for May 14, 2026
By Joseph HostetlerMay 14, 2026
trump
AsiaTrump tells Xi, ‘It’s an honor to be your friend.’ Xi responds by talking about Taiwan
By Will Weissert, Aamer Madhani and The Associated PressMay 14, 2026
student
LawParents want tech banned from schools. Teachers respond that it’s an insane idea
By Sharon Lurye and The Associated PressMay 14, 2026
  • robot
    AIThis South Korean hotel worker is training a robot to fold a banquet napkin: ‘I’ve been doing this about once a month’
    By Kim Tong-Hyung and The Associated PressMay 12, 2026
Current price of oil as of May 14, 2026
Personal FinanceCurrent price of oil as of May 14, 2026
By Joseph HostetlerMay 14, 2026
Young woman walking dogs and using smartphone in urban neighborhood
EconomyBusiness formations hit all-time high as ‘under-employed’ Americans turn to side hustles to make ends meet
By Eleanor PringleMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants
EconomyWall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
trump
CommentaryThe deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget
By Steve H. Hanke and David M. WalkerMay 14, 2026
Male CEO looking out a window in a large office.
C-SuiteJob-hopping is now the fastest path to becoming a CEO—and company loyalty may actually hold you back
By Tristan BoveMay 14, 2026
US President Donald Trump speaks to journalists as he makes his way to board Marine One before departing from the South Lawn of the White House in Washington, DC on May 8, 2026.
EconomyTop economist says $39 trillion national debt leaves government worse prepared for recession than ever
By Eva RoytburgMay 14, 2026
Boeing lost China. Trump—and 500 jets—may be about to win it back
EconomyBoeing lost China. Trump—and 500 jets—may be about to win it back
By Shawn TullyMay 14, 2026
Kevin Warsh, nominee for chairman of the Federal Reserve, arrives for his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026.
BankingKevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren’s ‘sock puppet’ criticism
By Eva RoytburgMay 13, 2026
charles
PoliticsKing Charles lays out government agenda as Starmer fights for survival: ‘absolutely preposterous’
By Pan Pylas, Danica Kirka and The Associated PressMay 13, 2026
trump
AsiaTrump asks Xi to ‘open up’ China so that ‘brilliant people can work their magic’
By Aamer Madhani, Will Weissert, Josh Boak and The Associated PressMay 13, 2026
President Donald Trump pictured in front of an American flag.
EconomyNational debt fears are where Democrats and Republicans are most aligned—more so than on inflation, healthcare, or even the jobs market
By Tristan BoveMay 13, 2026
250
CommentaryFor 250 years, America didn’t just invent the future—it built it. That connection is breaking. Here’s how to restore it
By Eric Kutcher, Shubham Singhal, Olivia White and Scott BlackburnMay 13, 2026
Four ways to create a lasting cost advantage from AI
Partner CommentaryFour ways to create a lasting cost advantage from AI
By Paul GoydanMay 13, 2026
frazier
CommentaryYour grandma should be using AI. really
By Kevin FrazierMay 13, 2026
President Trump’s Golden Dome will cost $1.2 trillion, the CBO says, five times more than initially expected
EnergyPresident Trump’s Golden Dome will cost $1.2 trillion, the CBO says, five times more than initially expected
By Eleanor PringleMay 13, 2026
Photo: Young woman spending day outside in residential area in city.
AIWells Fargo: AI is a ‘euphoric’ bubble and investors should ride it until it pops
By Jim EdwardsMay 13, 2026
A gold Nvidia server exhibit
AIEncrypted texts reveal how Nvidia chips and U.S. tech are being smuggled to China and Russia
By Amanda GerutMay 13, 2026
Michael Burry, Paul Tudor Jones, and a Nobel-winner all see the same thing: A stock market reckoning
InvestingMichael Burry, Paul Tudor Jones, and a Nobel-winner all see the same thing: A stock market reckoning
By Shawn TullyMay 13, 2026
calbee
EnergyJapanese snack giant resorts to black-and-white bags of potato chips as Iran War literally sucks color out of the world
By Marco Quiroz-GutierrezMay 12, 2026
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Most Popular
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promisesplaceholder alt text
By Jake AngeloMay 12, 2026
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting thatplaceholder alt text
By Preston ForeMay 13, 2026
Travel & Leisure
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centersplaceholder alt text
By Catherina GioinoMay 12, 2026
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