Augusta Saraiva

Stay informed with Augusta Saraiva’s coverage and analysis for Fortune.

  • Jerome PowellEconomy

    Millions of workers are left out of the ‘low-hire, low-fire’ U.S. job market

    By Michael Sasso, Augusta Saraiva, and others
  • An aerial view of the New York Stock Exchange’s trading floor. Since the installation of the Hybrid Market system in 2007, there has been less traders on the floor due to an increase of electronically done trades and transactions.Economy

    Wall Street is divided over whether immigration is behind US hiring slowdown

    By Augusta Saraiva and Bloomberg
  • A wine shelf is half-emptyFinance

    U.S. economy to lose billions as foreign tourists stay away

    By Augusta Saraiva and Bloomberg
  • WASHINGTON, DC – FEBRUARY 20: The Internal Revenue Service (IRS) Building is seen on February 20, 2025 in Washington, DC. The Internal Revenue Service will begin laying off roughly 6,000 employees in the middle of tax season as the Trump administration pushes to downsize the federal workforce through the Department of Government Efficiency (DOGE). (Photo by Tasos Katopodis/Getty Images)Finance

    IRS to lose billions in revenue if migrants stop filing taxes

    By Augusta Saraiva and Bloomberg
  • Young people in an apartmentSuccess

    Gen Z Americans don’t have enough saved to cover a single month of spending

    By Augusta Saraiva and Bloomberg
  • Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.Finance

    U.S. household net worth climbed to record at end of 2024

    By Augusta Saraiva and Bloomberg
  • A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California.Finance

    US consumer sentiment unexpectedly falls on high cost of living

    By Augusta Saraiva and Bloomberg
  • Confused laptopFinance

    Housing inflation data mystery deepens as government says email to ‘super users’ was a ‘mistake’

    By Augusta Saraiva, Enda Curran, and others
  • Consumer confidence ticks up, with more people planning big purchases.Finance

    Job-market optimism pushed consumer confidence up for the first time in four months in November

    By Augusta Saraiva and Bloomberg
  • BORA BORA ISLAND, FRENCH POLYNESIA &#8211; 2019/09/25: A woman gazes at the sea in the aqua-centric luxury Bora Bora Pearl Beach Resort &amp; Spa resort.<br /> Bora Bora is a volcanic island of French Polynesia, in the Pacific Ocean. It is Tahiti`s most famous island and a major international tourist destination famous for its luxury resorts. The population is around 9,000 inhabitants. (Photo by John Milner/SOPA Images/LightRocket via Getty Images)Lifestyle

    Inflation? Uncertain economy? No problem. Americans are vacationing overseas like never before

    By Augusta Saraiva and Bloomberg
  • INGLEWOOD, CALIFORNIA &#8211; AUGUST 09: EDITORIAL USE ONLY. Taylor Swift performs onstage during &#8220;Taylor Swift | The Eras Tour&#8221; at SoFi Stadium on August 09, 2023 in Inglewood, California. (Photo by Kevin Winter/TAS23/Getty Images for TAS Rights Management)Lifestyle

    Taylor Swift, Beyoncé, and the Barbenheimer films are such blockbusters that they’ll add $8.5 billion to U.S. economy in just 3 months

    By Augusta Saraiva and Bloomberg
  • Jacob FreyFinance

    Minneapolis has a YIMBY message for America: Build more houses and get rid of suburban-style zoning and inflation will disappear

    By Mark Niquette, Augusta Saraiva, and others
  • Welder working in steel manufacturing facilityFinance

    ‘Reluctant to let workers go’: Scarred by labor shortages, employers in struggling sectors trim hours rather than cut jobs

    By Augusta Saraiva and Bloomberg
  • LEMONT, ILLINOIS &#8211; JUNE 21: A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. US housing starts climbed more than 20% last month which has helped lumber futures climb nearly 9% over the same period. According to the National Association of Home Builders, volatile prices of lumber products in recent years have caused the average price of a new single-family home to increase by more than $14,000. (Photo by Scott Olson/Getty Images)Finance

    Comerica Bank: Homebuilding is set to boost the economy after a two-year contraction—making a soft landing ‘easier to imagine’

    By Augusta Saraiva and Bloomberg
  • an angry looking young business man with long hair, holds his furrowed forehead, sitting on steps outside an office buildingFinance

    Layoffs may be starting to take a toll as weekly unemployment applications jump to their highest level since 2021

    By Augusta Saraiva and Bloomberg
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