Hedge funds made huge gains before the pound crash
Hedge funds in the City of London made huge profits by betting against the U.K. pound ahead of the country’s mini fiscal budget last week, according to a report by…
‘How much should I tip my housekeeper?’ My husband says we should tip the bare minimum. I say give her 30%. Who’s right?
Dear Quentin, I am a mother of one child and have a busy career. How much should I tip my cleaning lady? My husband says that we should not tip…
‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low
Women’s financial health took a hit during the pandemic, and despite a brief rebound, it’s on the decline again, leaving many ill-prepared for a possible recession. That’s according to a…
‘They’re waiting to see if home prices fall’: Home buyers are backing out of contracts in the Sun Belt at a record rate
The tide has turned, and buyers are now backing out of deals in the Sun Belt as rates rise and home prices remain unaffordable. Once pandemic boomtowns, 15.2% of homes…
Rents fell in August for the first time since 2021, but they remain sky-high in these major U.S. cities
For the first time since November 2021, U.S. median monthly rents failed to notch a new record high and even fell a little compared to the previous month — by…
New Truss government is like a doomsday cult, UBS economist says
The harshest verdict on the policies of the new Liz Truss come from the financial market itself. But among the harshest comments comes from Paul Donovan, the chief economist of…
Bond Report: Treasury yields rise to new cycle highs as rates on U.K. gilts soar
U.S. benchmark bond yields rose to fresh cycle highs on Monday, as rates on gilts soar on worries about more debt supply in the U.K.
Morgan Stanley says investors should consider this port in the market storm right now
The great British pound selloff, credited with exacerbating a global rout for markets last week, looks set to continue wreaking some havoc on Monday. Economic woes in Old Blighty are…
Kyrsten Sinema Sabotages Democrats With Call For Stronger Filibuster
While speaking at the McConnell Center, Sen. Kyrsten Sinema (D-AZ) called for strengthening the filibuster. Video of Sinema: Sen. Kyrsten Sinema (D-AZ) says she’s not only against abolishing the filibuster,…
The 1/6 Committee Has A Devastating Road Map To The Coup Thanks To Mark Meadows
Former 1/6 Committee adviser Denver Riggleman said that texts from Mark Meadows were a treasure trove that provided a roadmap to the attempted coup. Video: [embedded content] Transcript of Riggleman…