““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary…
America’s housing shortage and the Federal Reserve’s inflation battle look poised to push the benchmark 30-year mortgage rate above 7%, according to strategists at BofA Global. More than a decade…
When layoffs surged in the spring and summer, the U.S. economy showed early warning signs of recession. Except, it turns out, there was no surge in unemployment. What’s to blame…
Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images LONDON – The first fiscal policy announcement from new British…
The U.S. dollar’s unrelenting surge is raising worries over corporate earnings, warned a closely followed Wall Street analyst, who noted that similar performances by the currency have historically led to…
Swedish maritime authorities have warned of two leaks on Russia’s Nord Stream 1 natural gas pipeline in Swedish and Danish territories. The leaks, located northeast of Danish island Bornholm, were…
The numbers: Orders at U.S. factories for long-lasting goods fell 0.2% in August because of lower demand for large airplanes, but investment rose in a sign the industrial side of the…
The U.S. dollar has been a wrecking ball through financial markets, to the point where there’s now speculation global authorities may try to cooperate to stop the greenback’s ascent. But…
FTX US has won the bid for Voyager Digital’s assets for about $1.4 billion, more than two months since the crypto broker filed for bankruptcy restructuring and after several attempts…
Now that the S&P 500 has hit a new closing low for 2022, it is a good time to rerun a screen of low-volatility dividend stocks that may perform relatively…