Opinion

Middlemen are swallowing the economy

The real winners in today's economy are the middlemen — rich intermediary companies like Walmart, Airbnb, and Lyft that connect buyers and sellers.
The US economy grew at a faster-than-expected pace during the second quarter of this year. Real gross domestic product increased at an annual rate of 2.95% in Q2 2024, according to the second estimate ...
Real gross domestic product increased at an annual rate of 2.3% in Q4 2024, according to the second estimate. The latest estimate was consistent with the forecast and is slower than the Q3 final ...
U.S. consumer confidence falls as job pessimism rises, reflecting weakening expectations despite a generally stable labor ...
Andrew Foerster, senior research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of September 4, 2025 ...
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...
CNBC's Jim Cramer on Thursday suggested the current economy is divided into two parts — a strong segment spurred on by the artificial intelligence boom and a weaker consumer portion. Consumer ...
President Joe Biden came into office in 2021 with a strong economy that gradually weakened as inflation hammered Americans’ purchasing power. With inflation now fading, the Biden economy is once again ...
India’s GDP is measured using globally accepted SNA methods, and despite an outdated base year, key economic activity is ...
India's current account deficit narrowed to $ 12.3 billion, or 1.3% of GDP, in the Sept quarter, improving sharply from $20.8 billion, or 2.2%.