Economy & Markets

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Another Trade War With China Would Be A Fiscal Disaster

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Higher tariffs would not only wreck the U.S. economy, they would also devastate the federal budget.

Gundlach Sees Grim Outlook For Economy After Fed Decision

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The bond investor said the Fed's ‘higher-for-longer' strategy posed a negative risk to future growth.

Gen Z Is Splurging On Luxury Goods To Soothe Their Economic Despair

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Increasingly, younger generations figure their financial futures are doomed no matter what.

JPMorgan Quants Warn Of Dot-Com Style Concentration In U.S. Stocks

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U.S. stocks have been soaring as the economy held up better than expected.

Is Too Much Optimism Priced In?

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Here are several different stock valuation approaches to get a more complete picture.

Fed's Inflation Battle Hinges On Convincing Americans Price Hikes Are Done

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Price shocks can have long echoes in the memories of consumers and businesses.

Housing Affordability Near Record Low Hits Black Buyers Particularly Hard

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Many Black buyers haven't benefited from rising home equity.

Guaranteed Income Plans Only Work in Studies--So Far

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Too many experiments in paying struggling households a set stipend are too short.

Workers' Confidence In Their Employers' Outlook Hits New Low

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Layoffs continue to mount across multiple sectors.

Parents Are Supporting Adult Kids Financially And Emotionally

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Nearly 60% of parents said they were providing financial support to their adult kids in a new survey.

El-Erian Says It's Too Soon For Fed To Declare Inflation Victory

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He reiterated his call for the Federal Reserve to wait to cut its target rate until June or July.

Wall Street Unleashes Quants In Race For Private-Market Billions

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These opaque markets have grown fourfold over the past decade to command $10 trillion.

Fed's Preferred Core Price Gauge Cools Amid Robust Spending

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The new data caps a year that saw inflation retreat at a much faster rate than the Fed anticipated.

Vanguard's Credit Chief Sees Second-Half Recession Hitting Corporate Debt

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He predicted the Fed will start cutting rates in May or June.

Mortgage Rates Rise The Most Since October

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The average for a 30-year, fixed loan was 6.69%.

U.S. GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong Year

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A closely watched measure of underlying inflation rose 2% for a second straight quarter.

Many Younger Americans Don't See A Path To Retirement

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Good entry-level jobs are getting harder to come by.

U.S. Jobless Claims Are An Unreliable Indicator Of Tight Labor Market

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The latest weekly data showed initial claims at 187,000

Rubin Says U.S. In A ‘Terrible Place' On Deficit, Urges Tax Hikes

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The former Treasury Secretary estimated that about 60% of the increase in debt from 2000 to 2022 came from tax cuts.

Ed Yardeni Is Getting Nervous About The Speed Of S&P 500's Rally

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The S&P 500 has already blown past the Wall Street consensus over where the index will finish the year.

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