Open Questions | US economist Barry Eichengreen on reality of de-dollarisation and next currency reshuffle
Barry Eichengreen is a leading American economist and one of the world’s foremost experts on international monetary systems.…
Consumers Cut Extras as Credit Card Debt Nears a Record
The June credit report indicates that the checkout total can keep rising even when the consumer’s financial cushion…
Dollar drops, stocks climb as weak US jobs data eases rate fears
A job fair in Los Angeles in July, when the US economy shed 23,000 jobs (Patrick T. Fallon)…
Markets see ‘all hat, no cattle’ in Fed’s inflation credibility: Chart of the Day
Federal Reserve Chairman Kevin Warsh told reporters during his post-decision press conference last week that the central bank…
Average 30-year US mortgage rate rises to highest level in a year at 6.66%
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a…
Here are the 6 levels of wealth for retirement-age Americans — are you at the top or bottom of the pyramida
Photo by Andy_Dean_Photog / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in…
No escape from inflation: ‘Godzilla’ El Niño, AI boom, tariffs, and fuel crunch to keep prices high
Oil prices have retreated as the U.S.-Iran war recedes, despite occasional skirmishes, but inflationary trends will continue to…
The 5 key levels of income in retirement for US boomers — where do you sit versus other seniors?
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49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying
A new Federal Reserve survey offers a somber look at how young Americans are getting by: a lot…
FTSE 100 advances as weak U.S. jobs data boosts rate-cut hopes and Iran talks remain on hold
Man with folded arms over chart of FTSE 100 ©Shutterstock UK equities moved higher on Friday after weaker-than-expected…
Fed’s Barkin warns of high inflation, but sees signs of relief
Federal Reserve Bank of Richmond President Tom Barkin warned that inflation is too high, though he sees tentative…
Bessent Signals Confidence in Warsh, Sees Inflation Coming Down
Treasury Secretary Scott Bessent signaled confidence in newly installed Federal Reserve Chairman Kevin Warsh during remarks Tuesday, and…