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‘Trump is going after the housing market’ and mortgage rates plunge
Mortgage rates slide to three-year lows as Trump targets housing affordability.
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Huang stays, Ellison leaves: California’s billionaires turn on each other
Nvidia CEO Jensen Huang says he’s “perfectly fine” paying billions to stay in California. Other tech billionaires aren’t.
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Year one of Trump presidency was brutal for job seekers
A promised manufacturing boom has yet to materialize, as hiring stalls, unemployment ticks up, and blue-collar workers bear the brunt of a divided economy.
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A K-shaped recovery is still crushing America’s working class
Higher earners are pulling further ahead while low-income households face rising costs and weaker wage growth, raising questions about who the U.S. economy is really working for.
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Trump’s blue-collar base is getting crushed by a ‘booming’ economy
Manufacturing is in its longest downturn since the financial crisis, job losses are spreading across industrial sectors, and the workers who powered Trump’s rise are paying the price.
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'A sign of desperation'—Venezuela and the petrodollar endgame
Economists are framing a stunning U.S. raid on Nicolás Maduro as a last-ditch effort to defend dollar dominance as global de-dollarization accelerates.
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Democratic lawmaker demands hearing over SEC's crypto policies
Rep. Maxine Walters wants the House to bring Paul Atkins in questioning
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Worst trade of the century? Canada sold gold at the worst possible time
Canada liquidated its bullion decades ago. As global central banks stockpile gold and prices surge, the country stands alone among G7 peers with nothing in reserve.
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Copper sends a warning shot across markets, economist says
Copper’s surge to record highs is sending a louder inflation signal than official data suggests.
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The U.S. economy didn’t boom in Q3, health insurance did
Behind the eye-popping Q3 GDP number lies a troubling truth: growth was driven less by consumer strength than by surging insurance costs and statistical distortions.
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Americans are hoarding cash again as economic anxiety grows
Cash now makes up the largest share of household wealth in decades as inflation anxiety and economic uncertainty push Americans into defensive mode.
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Why Wall Street can't admit inflation is going down
A surprise drop in CPI has ignited a backlash among analysts unwilling to abandon entrenched political and macro narratives even as the data points the other way.
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“You have to make twice what you make today in 15 years to stay even” — billionaire explains why Americans are getting poorer
Billionaire investor Ron Baron says inflation is quietly draining Americans’ wealth faster than wages can replace it
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The most surprising CPI report since pandemic has economists asking how numbers add up
Inflation cooled faster than expected, but economists flagged anomalies in CPI rent data, raising doubts about how much the report should influence Fed policy.
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The Fed’s quiet dove is speaking, and markets aren’t listening
Fed Governor Christopher Waller says rates are far above neutral, the labor market is softening, and aggressive cuts may be warranted — just as his name surfaces in the race to replace Jerome Powell.
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America’s inflation crisis is due to deficit spending, economist warns
With QE set to return, economist Peter Schiff says runaway deficit spending and stealth money printing have turned inflation into a hidden tax on everyday Americans.
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AI analysis signals massive Fed rate cuts markets aren't ready for
AI analysis of 17,500 earnings calls suggests inflation won’t rebound, payrolls will weaken, and markets are badly underpricing how far the Federal Reserve may slash rates.
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Inside Trump’s manufacturing meltdown: Tariffs, job losses, and a $10 billion power grab
Critics argue that the president’s unprecedented equity-taking strategy is only exacerbating the manufacturing crisis
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Trump torches economist in fiery inflation feud: “Trump-hating loser”
As Trump accuses economist Peter Schiff of stoking false fears, new data and polls reveal an electorate that remains unconvinced inflation is under control.
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Bernie Sanders lights up billionaires as inequality hits a boiling point
Sanders says the ultra-rich are cashing in while Americans fall behind, but the real forces behind the wealth gap may cut deeper than politics.
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