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There’s a reason economics is frequently called the “dismal science.” What’s happening: The US economy is on track for a boom, with the Federal Reserve predicting last week that it would expand by 6.5% this year. That would mark the fastest growth since 1984, when Ronald Reagan was serving his first term as president. But

Tesla CEO Elon Musk says his company’s cars would never be used for spying in China, in response to reports that the country’s military has banned the vehicles over such concerns. “There’s a very strong incentive for us to be very confidential with any information,” the billionaire said Saturday at the China Development Forum, an

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Despite the best attempts of some 1/6 denialists and apologists, the aftermath of the pro-Trump riot at the Capitol is still with us every day. Sometimes it deserves to be a lead headline while more

Media outlets are ramping up their coverage of anti-Asian violence following last week’s Atlanta shootings, but many Asian-American journalists feel the issue has been ignored for far too long. “We have been miserably late,” journalist Connie Chung told CNN’s Chief Media Correspondent Brian Stelter on “Reliable Sources” Sunday. “We are insignificant, and it’s so apparent

Saudi Aramco had a rough 2020, just like every other oil company. But Aramco isn’t any ordinary oil company — it’s the world’s biggest, and the pandemic’s toll on its business had a decidedly adverse effect on the Saudi-owned business. The company announced Sunday that its net profit fell a whopping 44.4% to $49 billion

Former President Donald Trump is coming back to social media — but this time with his own network, a Trump spokesperson told Fox News on Sunday. Jason Miller, a long-time adviser and spokesperson for Trump’s 2020 campaign told Howard Kurtz on Fox’s “MediaBuzz” that Trump will be “returning to social media in probably about two

Spring break is here and people suffering from a year of cabin fever are throwing caution to the wind. Saturday marked the 10th straight day on which more than 1 million passengers traveled through American airports. The TSA reported 1,369,180 travelers passed through security checkpoints Saturday, a day after air passengers set a new pandemic

Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain’s Facebook page. He was 65. “Our community and the restaurant industry lost a legend and the Taylor family lost a wonderful son, father and grandad this week,” said a joint statement from Taylor’s family and Texas Roadhouse sent

As the world ground to a halt last March, many travelers expected to be globetrotting again in a few months time. Here we are just over a year later. But with the rapid development of effective vaccines and increased distribution of those life-saving doses in some countries, glimmers of hope are starting to emerge. The

Alexi McCammond is out as editor-in-chief of Teen Vogue even before officially starting, she and the magazine’s owner announced Thursday. The announcement of her appointment to the job had sparked outrage from the publication’s staffers and readers as well as some celebrities because of anti-Asian and homophobic tweets she posted a decade ago. “I became

A new, more contagious and potentially more deadly variant of the coronavirus is spreading across the US, and health officials are worried. The B.1.1.7 variant, first spotted in the UK, is not only more easily transmitted, but it also appears to be more deadly. Dr. Anthony Fauci warned about it Friday in a White House

After helping to furnish your home office in 2020, Amazon now wants to help provide your healthcare. The tech giant is expanding Amazon Care — which currently provides its Washington-based employees with access to virtual and in-person health services — to its workers nationwide. And it plans to offer the service to other companies as

Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an extension. JPMorgan Chase, Wells Fargo and other big bank stocks retreated on the news, helping to drive the Dow down as much as about 300 points, or 1%. US Treasury yields also crept higher,

Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an extension. JPMorgan Chase, Wells Fargo and other big bank stocks retreated on the news, helping to drive the Dow down as much as about 300 points, or 1%. US Treasury yields also crept higher,