More Americans are living paycheck to paycheck, putting retirement out of reach, report finds
Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.
US Government Shutdown Pushes Dollar Lower for Fourth Day
Shutdowns have typically weighed on the greenback, and recent options market positioning shows traders are preparing for more weakness this time around. “You’re already seeing the weakness in the dollar,” George Goncalves, head of US macro strategy at MUFG, told Bloomberg Television on Wednesday. If the shutdown “were to linger, it could be disruptive.”
As stock market booms, Americans have more at stake than ever...
Mystery drone sightings over critical infrastructure in Germany...
Young people are richer than boomers were
Despite viral claims, a typical 25-year-old Gen Zer has annual household income that's 50 percent above Baby Boomers'.
Flights delayed as airlines warn of chaos with government shutdown
Industry experts have warned that the government shutdown will cause chaos across America's airports.
Prediction markets see government shutdown lasting nearly two weeks
On Polymarket, traders see the highest likelihood that the government won't reopen until October 15 or later.
Jobs outlook darkens further as US firms cut 32k positions in a month
A jobs collapse is gaining steam, new data suggests.
A Once Unstoppable Luxury Housing Market Is Starting to Crack...
As stock market booms, Americans have more at stake than ever...
Consumer confidence lower than expected as Wall St braces for shutdown data blackout...
Cannabis stocks soar after Trump shares video promoting drug’s use for seniors
Video posted on Truth Social touts CBD as a ‘gamechanger’ and promotes Medicaid coverage of CBD products
Once-Vibrant Housing Scene Hit by Exodus of Migrants...
The Argentina bailout is all about propping up a Trump ally | CNN Business
The White House is negotiating a financial lifeline for Argentina, seeking to stabilize its currency and prevent a broader economic fallout.
Auto Industry Flashing Warning Sign on Economy...
Where's the prosperity? Middle class not feeling it...
Wall Street rethinking need for multiple rate cuts...
STARBUCKS to Cut Hundreds More Jobs, Close Stores...
‘Frothy and Risky’ Rally in Profitless Tech Grows as Fed Eases
A basket of unprofitable tech companies tracked by UBS has jumped 21% since the end of July, compared with a 2.1% advance for its profitable tech counterpart and the Nasdaq 100 Index’s 5.9% advance. The run-up has sent the group, which includes lesser-known companies like SoundHound AI Inc. and Unity Software Inc., near its highest since late 2021, back when rock-bottom interest rates were fueling a bubble in speculative assets that popped the following year.
Fed Chief Powell says stock prices appear 'fairly highly valued'
Powell on Tuesday noted that asset prices, a category that typically includes stocks and other risk instruments, are at elevated levels.
America First? Treasury Chief Hints at Argentina Financial Rescue...
Cryptocurrencies sink as $1.5 billion in bullish bets wiped out...
Black Swan Manager Sees Huge Rally, Then 1929-Style Crash...