Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire economy, a portfolio ...
The Future Of Salary Increases: Why Next Year Might See A Decline
Salary increases are mainly driven by labor supply and demand, so they reached a new level in the early post-pandemic period.
Fed rate decision will be big economic news this week. How much traders bet they'll cut
The Fed will announce its interest rate decision on Wednesday. Nearly all expect them to cut rates because of weakening signs ...
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
Fed set to cut interest rates: What it could mean for inflation, economy, jobs
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...
Argentina economy forecast to extend recession in second quarter
Argentina's economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters poll showed on Monday, the ...
Canadians still feeling the economic pain despite three early rate cuts
Despite three interest rate cuts since June, Canadian consumers still appear to be feeling more stressed than their neighbors ...
Are Voters Feeling Better About the Economy?
After another tumultuous weekend in the presidential campaign, Americans are still largely focused on their finances, new ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
Two Steps Forward, One Step Back For Economy
Jeff Schulze of ClearBridge notes the U.S. market rebounded in August, with jobless claims steady, signaling resilience ...
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
Despite good economic news, experts warn the pain’s not over yet
The return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.