Category: Finance

When Chevron reported its highest quarterly profit in six years on July 31, 2026, it was just one detail in a larger picture: Analyst firm Wood Mackenzie estimates the global oil and gas industry is on course for a cash windfall of US$495 billion in 2026. That’s profit above and beyond what the industry expected […]

Over the past few years, consumers have been hit with a steady stream of price hikes on everything from groceries to streaming subscriptions. And more are coming: 55% of companies in a recent survey by the consultancy KPMG say they plan to increase their prices within the next six months. Given significant customer backlash and […]

Over the past few years, consumers have been hit with a steady stream of price hikes on everything from groceries to streaming subscriptions. And more are coming: 55% of companies in a recent survey by the consultancy KPMG say they plan to increase their prices within the next six months. Given significant customer backlash and […]

Business leaders and investors face a deepening paradox: Companies are pouring more money into artificial intelligence than ever, but they’re not seeing the gains in productivity that they expect. Even CEOs are starting to admit this disconnect. One Atlanta Federal Reserve study found that about 90% of executives believe AI has not yet boosted productivity […]

Business leaders and investors face a deepening paradox: Companies are pouring more money into artificial intelligence than ever, but they’re not seeing the gains in productivity that they expect. Even CEOs are starting to admit this disconnect. One Atlanta Federal Reserve study found that about 90% of executives believe AI has not yet boosted productivity […]

President Donald Trump’s tariff announcements no longer cause the market gyrations that they did in 2025. But their sticker shock for American consumers is becoming increasingly clear – just as economic sentiment is souring ahead of the November 2026 midterm elections. Many business groups had hoped that the tariff wars would end in February, when […]

In Colorado, a full-time worker must earn US$36.44 an hour to afford a modest two-bedroom apartment without spending more than 30% of their income on rent, according to a recent report from the National Low Income Housing Coalition. The state’s minimum wage is $15.16. Someone earning that would have to work 96 hours a week, […]

A record 332 million people visited U.S. national parks in 2024, followed by roughly 323 million in 2025. That’s a lot of love for national parks and lands. You might think that such big numbers of visitors automatically create windfalls for the towns and businesses that serve them. The National Park Service calls towns or […]

The number of Americans who file for bankruptcy is growing. More than 500,000 people took this step in 2025, nearly 50% more than in 2022. And the numbers have kept on climbing, with a 12% jump in June 2026 from a year earlier as many consumers struggled to pay their bills. I am a business […]

Both major U.S. political parties regularly tout their commitment to working-class Americans and claim to be the party of the working class. However, neither the Democrats nor the Republicans nominate many candidates who spent substantial time in working-class jobs. This near-absence of people from working-class jobs in the halls of power matters. According to research […]