Why concerns are growing over the private credit market
Private credit — or borrowing money from investors or money managers, rather than banks — is an increasingly…
Canada warns USMCA could face annual reviews, fueling uncertainty and chilling investment
TORONTO (AP) — Canada’s minister for U.S. trade said Thursday the United States-Mexico-Canada Agreement could be subject to…
Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more
The U.S. economy remains the envy of the world in many respects, at least in President Donald Trump’s…
Trump gave Congress no road map with his State of the Union
President Donald Trump’s expansion of executive branch authority has famously met little resistance from Republican lawmakers, who, despite…
Bangladesh Bank Governor Removal | Appointment that can undo economic recovery
History repeats itself, first as tragedy, second as farce, the German philosopher Karl Marx said. What unfolded yesterday…
AI, the Immigration Crackdown, and Mind-Blowing Overhiring in 2020-2022 Are Now Rattling the Labor Market
Despite only tepid job creation by the private sector, unemployment remains historically low. By Wolf Richter for WOLF STREET. So another…
Explainer-How did Ivory Coast and Ghana’s cocoa sales crisis come about?
By May Angel LONDON, Feb 26 (Reuters) – The producers of half the world’s cocoa – Ivory Coast…
Long Islanders feel a price crunch as Trump touts economy
The growing cost of living on Long Island is putting pressure on residents’ pocketbooks, they say, even as…
Imminent Crisis or ‘No Big Deal’
(Bloomberg) — Even in the world of private credit, which for months has pitted skeptics against true believers…
Job Market Risks a More Dire Scenario Than Rapid AI Job Losses: Claudia Sahm
The job market may be at risk from AI, but it won’t be an apocalyptic white-collar recession that…
Mortgage Rates’ Fall May Trigger ‘Barn Burner’ Spring
The average long-term US mortgage rate slipped this week below 6% for the first time since late…
Mortgage rates fall below 6% for the first time in years : NPR
A for-sale sign stands outside a home in Nashville, Tenn., on Feb. 10. George Walker IV/AP hide caption…