An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this near-hyperinflation. He knew that the Fed cannot solve all economic woes. It can, however, ...
The issue is widespread and near historic highs nationally: As of last fall, the median homeowner in the U.S. was paying 42% of their income on homeownership costs, according to the Atlanta Fed. Four ...
The Federal Reserve decided to keep interest rates steady in its first policy decision of the year on Wednesday. U.S. stock indexes slipped slightly following the announcement, with the S&P 500 ...
Investment markets and key developments over the past week Global shares were mixed over the last week with US shares down as tech shares fell on the back of the rise of DeepSeek’s AI app and a less d ...
Trump has set a Saturday deadline for issuing 25% tariffs on imports from Mexico and Canada, unless they move to halt flows of illegal immigrants and the deadly opioid fentanyl into the United States.
The April gold futures contract on the New York Mercantile Exchange exploded by 2.7% today, closing at $2,845.20 per troy ounce. Earlier, it even touched an intraday high of $2,853.20, which is an all ...