Most Americans are cutting back even as US markets roar, survey shows
WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained…
Taiwan urges $630 billion asset management industry to scale up
Taiwan must scale up its largest asset managers if it hopes to compete as a regional financial hub…
America In Focus: mortgage rate rises while Wall Street looks to continue its winning ways
The economy, inflation and how those forces could impact the lives of Americans were front and center over…
Soaring inflation and plummeting economy test Iran in wartime
TEHRAN, Iran (AP) — Iran’s grip on the Strait of Hormuz is throttling the world’s energy supplies and…
A weak dollar can help but also harm
NEW YORK (AP) — A hidden force is quietly pushing up costs for everything from your summer vacation…
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In 1987, economist and Nobel laureate Robert Solow made a stark observation about the stalling evolution of the…
1970s lessons have made global economies less vulnerable to oil shocks
WASHINGTON (AP) — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once…
IMF urges BOJ to keep raising rates even as Iran war poses new risks
The International Monetary Fund has urged the Bank of Japan to continue raising interest rates, even as the…
Wall Street drops again to close its 5th straight losing week and its worst since the Iran war
NEW YORK (AP) — U.S. stocks deepened their drops Friday as Wall Street finished off a fifth straight…
Shockwave of war is rippling through the global economy
The global economy’s first collective health check since war broke out in the Middle East will arrive in…
Trump’s ‘roaring’ economy meets a rough start to the year
WASHINGTON (AP) — President Donald Trump promised that 2026 would be a bumper year for economic growth, but…
Should you raid retirement savings for a home down payment?
LOS ANGELES (AP) — Raiding retirement savings for a down payment on a home can be tempting, especially…