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4 mins read

On their first date, he asked her if she had any debt. Today, they're a DINK couple in the world's most expensive city.

A DINK couple in the world's most expensive city breaks down their finances and how they think abou…

Shubhangi Goel   


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1 min read

Here's how one top Fed official is thinking about the increasingly unaffordable US housing market

Fed President Tom Barkin breaks down how the pandemic sparked a "secular change" in how people see …

Phil Rosen   


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3 mins read

The economy is roaring. So why do we keep hearing about layoffs?

Layoffs at big, prominent companies are in the news. However, the US layoffs and discharges rate ha…

Madison Hoff   


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3 mins read

The US jobs market stayed strong in August

The labor market was robust, adding 187,000 jobs in August. The job growth in August was greater th…

Madison Hoff   


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2 mins read

The Fed is tapping the brakes on its war against inflation

On Wednesday, the Federal Reserve announced a pause on its interest rate hikes. That doesn't mean A…

Ayelet Sheffey   


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9 mins read

Mutual funds: Definition, types, and how to invest

Mutual funds are popular investment vehicles that provide an easy way to diversify your portfolio t…

Lauren Perez,Tessa Campbell   


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2 mins read

Here are the 3 things the Fed needs to do to stick a soft landing and avoid a recession, according to Goldman Sachs

"The bad news is that high inflation is broad-based, measures of the underlying trend are elevated,…

Matthew Fox   


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6 mins read

eToro vs. Robinhood: Which is best?

eToro is best for crypto-focused traders, while Robinhood is a better option for frequent traders a…

Rickie Houston,Tessa Campbell   


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2 mins read

Rupee gains 8 paise to close at 81.22 against US dollar

At the interbank foreign exchange market, the local unit opened at 81.08 and touched an intra-…

PTI   


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1 min read

Bed Bath & Beyond plunges 28% as the meme-trader favorite plans offering of up to 12 million shares and to cut up to 20% of staff

Bed Bath & Beyond said it's already starting to close 150 "lower-performing" stores as it keeps wor…

Carla Mozée   


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4 mins read

The Great Resignation is giving way to the 'Big Stay' as job-hopping slows down

Americans are quitting jobs a lot less than they have been as pay bumps slow down. Welcome to the B…

Madison Hoff   


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7 mins read

Prices are about to soar even higher and it could trigger a recession

Efforts to control inflation are failing, and it could result in consumer pain and a stock market c…

Linette Lopez   


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4 mins read

The economy is doing exactly what we need to avoid a recession and keep booming

The latest economic data shows the US is bringing inflation down while enjoying a strong labor mark…

Noah Sheidlower,Madison Hoff   


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2 mins read

'We will liberate ourselves from a colonial mindset': Jaishankar declares

"We will liberate ourselves from a colonial mindset," India's External Affairs Minister S. Jaishank…

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6 mins read

Biden's economic policies have quietly made peoples' lives better — and no one seems to care

Biden's policies will create millions of jobs and help rebuild roads and public transit, but it's a…

Juliana Kaplan   


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1 min read

Goldman Sachs doesn't have a US recession as its baseline, but if it hits it'll be shallow, says bank's chief economist

For now, Goldman sees the economy growing significantly below trend with the labor market rebalanci…

Phil Rosen   


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2 mins read

Pound rallies from 2-week low amid mixed signals about whether the Bank of England's ready to keep buying bonds

The British pound stayed higher even after the Bank of England rebutted a Financial Times report th…

Karen Friar   


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4 mins read

Equal-weight index: For diversified investments with low volatility

An equal-weight index is an index that gives equal weightage to all the stocks making up a benchmar…

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4 mins read

More pain for the crypto industry means a chance for startups to pivot

The crypto market isn't out of the woods just yet, according to a top Goldman Sachs executive. If t…

Dan DeFrancesco   


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3 mins read

Russia could be suspended from OPEC's oil-output agreement. 4 experts lay out what that could mean for the price of oil and the wider energy market.

OPEC members discussed removing Russia from its monthly supply quota agreement, WSJ reported. Here'…

Zahra Tayeb