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  • I was kicked off my family phone plan. You could be next
  • Tracking oil prices and US gas prices amid Iran conflict
  • Influencing looks like the new American Dream for young people. Universities are taking advantage

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    Tracking oil prices and US gas prices amid Iran conflict
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    Situational Awareness, the hedge fund making headlines, explained
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    China’s humanoid robots have been taking over the global market. Now the US is banning them
  • US health officials say nearly 2,000 people reported eating Taco Bell before becoming ill in the cylospora outbreak.
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Top Stories

La Jolla Shores beach on April 20, 2026, in San Diego, California.
Kevin Carter/Getty Images
Influencing looks like the new American Dream for young people. Universities are taking advantage
Influencing is Gen Z’s new glamour job. So if more than half of young people say they want to be influencers, why not study it?
Don’t freak out about Kevin Warsh’s ‘credibility’
Economists and analysts kind of lost their minds about what they heard from new Federal Reserve Chairman Kevin Warsh Wednesday. Or, more precisely, what they didn’t hear.
Here we go again. Why oil keeps tumbling even when the Iran war drags on
Sound familiar? A pause in fighting between the United States and Iran has given oil traders hope that a diplomatic resolution could restart the flow of oil traffic out of the Middle East.
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Your money

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War in Iran

Children wade in the water with cargo ships at anchor in the background and a fisherman nearby, in the Strait of Hormuz off Bandar Abbas, Iran, on  June 30, 2026.
Amirhosein Khorgooi/ISNA/AP
The war with Iran has become a battle about a tollbooth. Free seas are at risk
By Hanna Ziady and David Goldman
The world no longer has an oil problem. It has a gasoline problem
By David Goldman
  • The Lutine Bell hangs in the center of the underwriting room at Lloyd's of London. The bell was recovered in 1858 from the wreck of the HMS Lutine, which sank in 1799.
    Chip Somodevilla/Getty Images
    Quills and conflict: How protection in the Strait of Hormuz is bought and sold
    Jul 10, 2026
    Inside a futuristic building in central London, leather-bound tomes contain quill-and-ink records of vessels lost at sea over the past 250 years.
  • President Donald Trump during a meeting with NATO Secretary General Mark Rutte at the NATO summit in Ankara, Turkey, Wednesday, July 8, 2026.
    Filip Singer/Pool EPA/AP
    Trump is playing with economic fire by calling the peace deal with Iran ‘over’
    Jul 8, 2026
    Three weeks of fragile peace bought President Donald Trump some time and leverage over Iran. But not too much.
  • Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, on Sunday, June 21, 2026.
    Amirhosein Khorgooi/ISNA/Wana News Agency/Reuters
    150,000 square feet of barnacles and sea gunk: The latest problem in the Strait of Hormuz
    Jun 23, 2026
    Warm-seawater-dwelling fauna and flora have latched onto oil tankers stranded in the Persian Gulf. Sounds like a job for the “bottom cleaners.”

Affordability in America

Parma, OH
iStockphoto/Getty Images
I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means
By Phil Mattingly
  • Model homes in Palm Beach Gardens, Florida, US, on Monday, June 29, 2026.
    Zak Bennett/Bloomberg/Getty Images
    A new law limits mega-investor home purchases. Will that make homes cheaper for Americans?
    Jul 12, 2026
    After years of backlash against Wall Street landlords, the federal government is taking its first step to limit large investors’ ownership of single-family homes.
  • Elara at the Market in Seattle’s Belltown neighborhood.
    Courtesy Seattle Social Housing Developer
    Seattle’s solution for the middle-class housing squeeze: government housing
    Jul 1, 2026
    The eight-story, 150-unit Elara at the Market looks like just another sleek apartment building in Seattle’s trendy Belltown neighborhood.
  • The New York Stock Exchange in New York.
    Michael Nagle/Bloomberg/Getty Images
    The stock market rally that’s making some people rich and everyone else miserable
    Jun 29, 2026
    The saving grace of this economy that everyone hates: Wealthy Americans are keeping it afloat by spending.

More top stories

  • FCC chairman Brendan Carr has led the Trump administration’s targeting of ABC’s eight station licenses, which Disney has deemed a threat to the First Amendment.
    Kevin Dietsch/Getty Images
    Trump’s FCC targeted ABC. Viewers rushed to its defense
  • Falling gas prices were expected to drive inflation lower in June. Economists are expecting the Personal Consumer Expenditures price index slowed to 3.7% last month.
    Brandon Bell/Getty Images
    The Fed’s preferred inflation gauge cooled in June. It might not last
  • The former Pfizer headquarters building on July 7, 2026, in New York City. Construction workers  were evacuated from the high-profile housing project after it was determined that it was at risk of collapse.
    Michael M. Santiago/Getty Images
    New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems
  • A shopper uses a smartphone to pay for produce during a farmers market at the Ferry Building in San Francisco on July 16, 2026.
    David Paul Morris/Bloomberg/Getty Images
    US economy’s growth was weaker than expected in the second quarter
(L-R): Apple CEO Tim Cook; Nvidia CEO Jensen Huang. Tech companies Nvidia and Apple are taking opposite approaches to the AI frenzy.
Justin Sullivan/Patrick T. Fallon/AFP/Getty Images
The world’s most valuable companies are taking opposite paths in the AI race
Which is worth more: a company that’s sitting out Big Tech’s mega AI spending spree or a company that’s fueling it?
The market’s big AI doubts are exposing the riskiest players
The meteoric rise and stunning near-collapse this week of a US hedge fund has sent shockwaves across global markets, becoming a kind of cautionary tale for the AI era.
Fed officials warn not raising interest rates was a mistake
Inflation is a far more serious and persistent issue than the Fed has made it out to be, and it must be addressed by raising interest rates, a group of rate-setting committee members said Friday.
Exxon made $160 million per day last quarter as oil prices surged
ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits driven by the spike in global oil prices unleashed by the US-Iran war.
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Your Money

  • The IRS tax-filing deadline is tonight at 11:59 pm local time. If you're still trying to get your return in under the wire, having all your tax documents in order can make that easier. But if that's not possible, at least file for an automatic extension and pay whatever else you owe the IRS for 2024 by Tuesday night.
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  • Roughly 55 million people worldwide are living with dementia today, a number that is expected to rise to 139 million by 2050, according to the World Health Organization and Alzheimer's Disease International.
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Tech and AI

  • Claude app icon in this photo illustration taken June 5, 2026.
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  • Meta CEO, Mark Zuckerberg, pictured at a dinner hosted by US President Donald Trump with US tech leaders at the White House on September 4, 2025.
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    Meta CEO Zuckerberg warns US shouldn’t ban Chinese AI models
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    Employees from the world’s biggest AI companies want the US to be ready to slow AI development

Media

  • New York Times columnist Ross Douthat will join “60 Minutes” as a correspondent — one of five new hires announced Tuesday for the newsmagazine during its rebuilding phase.
    Ben Rosser/BFA.com/Shutterstock
    Ross Douthat joins ‘60 Minutes’ as CBS races to rebuild the show
  • President Donald Trump speaks during the rescheduled White House Correspondents Dinner in the Presidential Ballroom at the Waldorf Astoria on July 24, 2026.
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    Trump bombed at the White House Correspondents’ Dinner — and proved its point
  • The Paramount Studios in Los Angeles, California, on November 9, 2025.
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    Paramount agrees to delay Warner Bros. Discovery takeover for months
  • U.S. President Donald Trump stops to speak to the media before boarding Air Force One on July 01, 2026, at Joint Base Andrews, Maryland.
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    At White House Correspondents’ Dinner do-over, Trump meets a press corps under his pressure

Housing

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    Zohran Mamdani’s capitalist plan to fix the housing crisis
  • Single family homes in a residential neighborhood in San Marcos, Texas, US, on Tuesday, March 12, 2024. The National Association of Realtors is scheduled to release existing homes sales figures on March 21.
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    Is it finally a buyer’s market? That depends where you look for a home
  • Construction workers build a home at a new housing development on July 1, 2025 in Hercules, California.
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    House passes housing affordability bill that softens institutional investor ban
  • Homes in Surfside, Florida, on August 20, 2025.
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    Robert Reffkin is changing the way Americans buy homes. Who do those changes help?
  • Artist rendering of the Lunar Outpost Mobile Autonomous Prospecting Platform (MAPP) rover with Nokia antennas extended. The images, data and telemetry collected by MAPP will be sent back to the Nova-C lander over the Nokia 4G/LTE network and then relayed to Earth. Mission controllers in Colorado will issue commands to the rover over the same connection.
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    Streaming and texting on the Moon: Nokia and NASA are taking 4G into space
  • This photo taken on March 27, 2024 shows employees working on a car assembly line at a factory of Chinese carmaker Li Auto in Changzhou, in eastern China's Jiangsu province.
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  • A detailed view of the match ball prior to the Premier League match between Burnley FC and Arsenal FC at Turf Moor on February 17, 2024 in Burnley, England.
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  • A SpaceX rocket lifts off from the Kennedy Space Center. The Elon Musk-owned space company has purchased another one of Musk's companies, artificial intelligence firm xAI, with plans to put a network of 1 million AI data centers into orbit.
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