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John Towfighi
Eliza Relman,Juliana Kaplan,A…
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1 min read
The US labor market is 'healthy,' Treasury Secretary Janet Yellen says, even as data shows conditions softening
Janet Yellen says the current unemployment rate is still low even after it ticked up in July. Inves…
Kelly Cloonan
2 mins read
A federal court just dealt a blow to 30 million student-loan borrowers by blocking Biden from carrying out his second try at broad debt cancellation
A federal court put a temporary restraining order on Biden's second try at broad student-loan forgi…
Ayelet Sheffey
2 mins read
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…
Kelly Cloonan
2 mins read
Fed rate cuts are coming too late to fend off a US recession, research firm says
Even if the Fed cuts in September, history shows that recessions can still occur during easing cycl…
Filip De Mott
3 mins read
Elon Musk is a Trump win away from serious federal power
Former President Donald Trump is taking a page out of Elon Musk's book, announcing a plan to create…
Ayelet Sheffey,Brent D. Griff…
5 mins read
US economy's fate hangs on jobs report as Fed decides how deep cuts will go
Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…
Dan DeFrancesco
4 mins read
A Gen Xer who grew her savings from $50k to $350k in 10 years shares the FIRE methods she's using to get to $1 million
A Gen Xer shares the FIRE strategies she uses to reach $1 million in savings and retire by age 55.
Jacob Zinkula
4 mins read
A Gen Xer quit a $110,000 salary job in DC for one in Germany that pays less than half. He says he's more financially stable and happier now.
Kobi Smith moved to Germany after a career as an attorney in Washington, DC. He works at Popeyes an…
John Towfighi
4 mins read
The economy is at a fork in the road
The economy could go one of two ways in the near future, and one last data point could make it clea…
Juliana Kaplan,Madison Hoff,A…
2 mins read
The US economy could be on the precipice of triggering a 'vicious feedback loop,' Nomura analysts say
The US unemployment rate has risen sharply while markets are jittery after stocks saw their worst l…
Huileng Tan
1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
2 mins read
Harris, Trump, and Biden all want to block US Steel's sale. Now the steelmaker is playing hardball in Pennsylvania.
Joe Biden, Kamala Harris, and Donald Trump all reportedly want to block the sale of Pennsylvania po…
Grace Eliza Goodwin
2 mins read
Russia built a secret trade channel with India, leaked documents show
Russia planned to use its trove of rupees to covertly buy critical supplies in India, according to …
Filip De Mott
4 mins read
A Gen Zer who moved from Boston to New York City says the higher cost of living is worth it for the better life experience
A Gen Zer who moved from Boston to New York City last year shares why the Big Apple's higher costs …
Jacob Zinkula
2 mins read
Kevin O'Leary says 'right to disconnect' laws are crazy and he'll just fire staff who don't answer his texts and calls
"Who dreams this crap up is my question. And why would anybody propose such a stupid idea?" O'Leary…
Kwan Wei Kevin Tan
2 mins read
30 million student-loan borrowers who were about to benefit from Biden's second try at broad debt cancellation are now facing the first lawsuit to block it
Seven GOP-led states have filed the first lawsuit targeting Biden's upcoming plan to cancel student…
Ayelet Sheffey
2 mins read
New business owners could get a $50,000 tax deduction under Kamala Harris's plan
Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…
Juliana Kaplan
3 mins read
The price of being a bridesmaid can quickly add up — and some Gen Z and millennials don't want to pay it
Women are documenting their bridesmaid costs on social media and some are sharing that it's OK to s…
Ana Altchek
1 min read
Why Fed rate cuts could mean corporate earnings will disappoint
Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…
Kelly Cloonan
2 mins read
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
1 min read
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
2 mins read
Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen
Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illum…