Economy
34 articlesLook for pieces that explain consumer-spending stories, credit-trend updates and policy transmission, compare adjacent choices and show how interest rates, inflation data and labor market appears in applications, disclosures, statements or official pages.
S&P 500 Faces August Headwinds as Election and Fed Moves Loom
With the S&P 500 historically dropping an average of 18% in midterm election years and the Federal Reserve expected to raise rates, investors face heightened volatility as August approaches amid inflation and geopolitical risk
How to Prepare Your Portfolio for a Recession
With inflation at 3.5% and the Federal Reserve signaling more rate hikes, investors face renewed recession risk. Learn how to build a cash buffer, maintain diversification, and keep your investment plan on track during market volatility
The S&P 500's Unbelievable Run Since 2023 and How Investors Should Handle Fear, Uncertainty, and Doubt
Despite the S&P 500 doubling investor money since 2023, persistent concerns about inflation, interest rates, and AI-driven market risks continue to shape investor sentiment and challenge long-term decision-making
Cooling Inflation Fails to Bring Relief for Mortgage Rates in 2026
June's PCE inflation slowed, but mortgage rates remain stubbornly high as oil prices and Fed caution keep borrowing costs elevated. Homebuyers hoping for lower rates may have to wait until inflation and global risks subside.
June PCE Price Index Posts Rare Drop, But Gas Price Relief Unlikely to Last
The PCE Price Index fell 0.1% in June, its first monthly decline since 2020, as a brief drop in gasoline prices offset other increases. With fuel costs already rebounding, inflation pressures for U.S. consumers are far from over
Fed Chair Kevin Warsh's Press Conference Leaves Investors Frustrated
Fed Chair Kevin Warsh's vague remarks on inflation and policy left investors searching for direction as Treasury yields surged and stocks fell, highlighting the market's discomfort with uncertainty from the Federal Reserve
FOMC Interest Rate Decision Expected Today Amid Economic Uncertainty
The Federal Reserve is set to announce its latest interest rate decision as inflation runs above target and energy prices surge, but key economic data is missing, leaving markets and consumers bracing for potential volatility
Affluent Buyers Drive Uneven Rebound in U.S. Vacation-Home Market
Demand for vacation homes is rising for the first time since the pandemic, but the recovery is limited to high-income buyers as most Americans remain priced out by high mortgage rates and soaring property values
Japan's Earthquake Triggers Power Outages and Financial Strain for Thousands
A deadly earthquake in southwestern Japan has left 34 dead, thousands displaced, and over 30,000 households without power as extreme heat compounds the crisis, raising urgent questions about disaster readiness and the economic toll on local communities
Elon Musk Predicts Money Will Lose Value as AI Transforms Economy
Elon Musk claims that by 2036, artificial intelligence and robotics could make money nearly obsolete, but economists warn that scarcity and inequality may persist even as technology reshapes the global economy
Fed Faces Tough July Rate Call as Inflation and Oil Prices Stir Debate
With inflation running above target and oil prices rising, the Federal Reserve's July meeting could set the stage for a rate hike or signal a longer pause, leaving markets and households bracing for shifting borrowing costs
AI Job Loss Fears Clash With Labor Data as Anthropic Revises Outlook
Anthropic's head of economics finds no broad AI-driven job losses in U.S. labor data, challenging dire forecasts even as hiring slows for young workers in tech-exposed roles
Federal Reserve Chair Kevin Warsh Draws Hard Line on Inflation in First Congressional Appearance
Federal Reserve Chair Kevin Warsh signaled a tougher approach to inflation in his first testimony to Congress, raising the prospect of policy changes that could impact interest rates, bond markets, and growth stocks
DOJ Lawsuit Challenges Colorado's In-State Tuition for Undocumented Students
The Justice Department is targeting Colorado's policy of granting in-state tuition and financial aid to over 6,000 undocumented students, raising questions about state authority, federal law, and the financial impact on taxpayers and higher education access
Google, Ford, and BlackRock Invest $450M to Tackle Skilled Labor Gap
A new $450 million push from Google, Ford, and BlackRock aims to address the growing shortage of skilled trades workers, as U.S. companies face rising costs and project delays tied to a shrinking labor pipeline
Hurricane Fausto's Path Raises Financial Risks for Hawaii and West Coast
Hurricane Fausto has intensified in the Pacific, with forecasters warning of increased wind and rainfall threats for Hawaii next week. U.S. investors and insurers are watching for potential impacts on travel, property, and local economies
Ken Griffin Throws Cold Water on AI Euphoria Despite Tech Spending Boost
Citadel CEO Ken Griffin warns that artificial intelligence is overhyped, even as tech investment lifts the economy, raising questions about how quickly AI can deliver real business gains and what history suggests about new technology cycles
Elon Musk's AI Debt Solution Faces America's Soaring Interest Costs
U.S. national debt has surpassed $39 trillion, with annual interest payments now outpacing the entire defense budget. Elon Musk claims only rapid advances in AI and robotics can reverse the trend, but experts see major hurdles ahead
Nvidia's $4 Trillion AI Bet Could Reshape Household Energy Costs
Nvidia CEO Jensen Huang projects global data center spending could hit $4 trillion by 2030, far outpacing Wall Street estimates and fueling a surge in electricity demand that may drive up U.S. household utility bills and inflation in coming years
Fort Knox Gold, the Dollar, and Why Central Banks Are Buying Bullion
The U.S. holds more gold than any other nation, but the dollar hasn't been backed by metal for decades. As central banks accelerate gold buying, investors face new questions about currency, reserves, and inflation risk
Treasury Secretary's Silver Certificate Error Fuels Gold Market Doubts
A televised misstatement about silver certificates by Treasury Secretary Scott Bessent has reignited debate over what backs the U.S. dollar, as gold prices and investor skepticism both climb amid persistent questions about Fort Knox's reserves
JPMorgan CEO Jamie Dimon Warns on Rising U.S. Wealth Inequality
Jamie Dimon, head of JPMorgan, says America's widening wealth gap is fueling social and economic risks. As the top 1% amass record assets, Dimon urges policymakers to address the root causes before discontent deepens
History suggests stock market faces correction risk as rate hikes and elections loom
With oil prices surging and the Federal Reserve signaling possible rate hikes, investors face renewed volatility. Historical data shows corrections often follow such moves, but long-term gains have rewarded those who stay invested
JPMorgan CEO Warns of Critical Shortage in Skilled Trade Workers
As AI reshapes white-collar jobs, JPMorgan's $24 million investment in Philadelphia shipbuilding highlights a growing crisis: the U.S. lacks enough welders and electricians to meet demand, and the existing workforce is aging fast
How Many Americans Work Beyond Age 65?
Nearly one in five Americans age 65 and older are still in the workforce, with many shifting to part-time jobs. This trend is reshaping retirement planning and highlights the need for flexible income strategies as financial pressures evolve
AI Stock Rally Faces Real Risks Beyond Bubble Fears
AI-driven stocks are posting record profits, but investors may be overlooking the real threat: persistent inflation and high interest rates could challenge lofty valuations even as earnings surge
Mortgage Rates Climb to 11-Month High, Squeezing Homebuyers
The average 30-year fixed mortgage rate has surged to 6.78%, the highest since last summer, making it even harder for buyers to afford homes as prices remain elevated and forecasts suggest little relief ahead
Congress Passes Sweeping Housing Law to Tackle Affordability Crisis
A major bipartisan housing bill aims to boost home supply and ease construction bottlenecks, but experts warn that relief for buyers and renters will take years to materialize
Rising U.S. Debt Interest Costs Squeeze Federal Budget and Taxpayers
The federal government's interest payments are climbing faster than the national debt itself, putting pressure on household budgets and crowding out other spending as borrowing costs hit new highs
US Home Prices Reach Record High as Affordability Worsens
The median price for existing homes in the US hit $440,660 in June, marking a new peak as affordability remains out of reach for many buyers and a major housing bill stalls in Washington
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