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3 mins read

A researcher who studied Trump's plans to control the Fed said it could tank the economy

Economists at a top think tank found Trump's threat to undermine the Fed would lower GDP, raise inf…

Alice Tecotzky   


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Trump is about to make the Fed's job a lot harder

Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more com…

Jennifer Sor   


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2 mins read

Ukraine's surrender hotline is tempting North Koreans to desert, promising they'll be well fed

North Korea, which is ruled by its leader Kim Jong Un, is believed to have sent thousands of troops…

Kwan Wei Kevin Tan,Mia Jankow…   


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Kissing may have a surprising new origin, as per a new study!

Kissing rituals are remarkably diverse, and it’s clear that kissing is deeply woven into our social…

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2 mins read

Stock market today: S&P 500 hits 8-day win streak as investors focus on Fed conference

Aside from the Fed, investors will pay attention to 2nd-quarter earnings results from retailers thi…

Matthew Fox   


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Stock market today: Stocks edge up after best week of the year as investors turn attention to Fed symposium

A speech from Fed Chairman Jerome Powell, retail earnings, and the Democratic National Convention a…

Matthew Fox   


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3 mins read

Gen X is fed up, so they're taking more vacations alone

Gen Xers are shifting from family vacations to solo and friend-based trips, driven by newfound free…

Cork Gaines   


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5 mins read

The tattoo industry is facing a reckoning, with customers fed up with bad artists, overpricing, and sexism

There's a discussion on social media about problems in the tattoo industry, with customers becoming…

Lindsay Dodgson   


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1 min read

Americans are exhausting their excess savings - and could run out funds this quarter, Fed study says

"There is considerable uncertainty in the outlook, but we estimate that these excess savings are li…

Zahra Tayeb   


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5 mins read

5 charts that show how the Fed's war on inflation has frozen the housing market

The Federal Reserve aggressively hiked interest rates to lower inflation during the pandemic, but i…

Ayelet Sheffey,Madison Hoff   


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19 mins read

David Kushner   


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2 mins read

Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study

The study suggests that the Plains could face increased risks of crop failure due to rising tempera…

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2 mins read

Stock market news: US stocks climb as mega-cap teach leads gains ahead of Fed rate decision

The Fed started off its two-day policy meeting. All eyes will be on Jerome Powell on Wednesday as h…

Filip De Mott   


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1 min read

ChatGPT can accurately parse Fed statements and anticipate stock moves from corporate news, studies say

GPT-4, released in mid-March, was more likely to agree with humans than GPT-3, according to researc…

Filip De Mott   


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3 mins read

The Fed's new playbook for fighting inflation risks doing more harm than good, top economists at Bank of America, Deutsche Bank, and Morgan Stanley say

The Fed's fight with inflation comes with a "very difficult tradeoff," as it risks undoing the labo…

Ben Winck   


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2 mins read

It's time for the Fed to cut interest rates and bring relief to Americans who 'cannot afford to pay rent,' Elizabeth Warren says

Sen. Elizabeth Warren joined three of her colleagues in pushing for the Federal Reserve to "reverse…

Ayelet Sheffey   


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The Fed's war on inflation is hitting the profits of S&P 500 firms, Goldman Sachs says

Higher borrowing costs weighed on S&P 500 companies this year as the Fed fought inflation by jackin…

Jennifer Sor   


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Americans have saved $1.6 trillion since the pandemic started and it poses little inflation risk, the Fed says

Americans were sitting on $1.6 trillion of cash even before Biden's stimulus sent them more direct …

Ben Winck   


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US GDP growth will likely miss a key forecast if the global economy falters, Dallas Fed says

Federal Reserve researchers simulated 2021 growth 1 million times. Disappointing global growth prac…

Ben Winck   


Ayelet Sheffey