America has spent decades building a sprawling higher education system around a steady supply of college-age students. Now, there are about to be fewer of them to go around. A record 3.9 million U.S. students graduated from high school in 2025. But that peak marks a turning point: By 2041, the country is projected to
As the US-Canadian trade war expands, some Canadians are purposefully shrinking their shopping options by staying local. It isn’t easy. Earlier this week, President Donald Trump’s 50% tariffs on about $20 billion in Canadian goods went into effect, prompting “dollar-for-dollar” retaliatory tariffs from Canada — the latest escalation since the trade war officially began in March 2025,
South Korea is one of the biggest winners of the AI boom. It’s home to Samsung Electronics and SK Hynix, the two largest manufacturers of memory chips. Chip workers are flashing bonuses of around $400,000. The KOSPI, Korea’s benchmark index, is up almost 60% for the year so far. Yet a report from Goldman Sachs
Stew Leonard Jr. is greeted like a celebrity as he makes his way through his family’s business. Known as Connecticut’s “Disneyland of grocery stores,” Leonard’s locations come complete with animatronics, petting zoos, and costumed mascots. Every few feet, a customer does a double-take and rushes over. Mostly, they want to say hello or ask for
The Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming, which featured Kevin Warsh’s first speech as chairman, is winding down Saturday. Here are some of the key takeaways from the conference: Warsh Emerging Warsh used a keynote speech to hammer home a message that curbing inflation is the central bank’s
Among the many potential downsides for letting the national debt get too high was that the federal government would suck up so much capital that businesses wouldn’t be left with enough. Today, U.S. debt is at $40 trillion, the federal budget deficit is on track to reach $2 trillion this fiscal year, and debt servicing