Economy

Social Security cost-of-living adjustment for 2027 may be above average. Some say it's not enough

liberal

Social Security cost-of-living adjustment for 2027 may be above average. Some say it's not enough

The Social Security Administration is expected to announce the cost-of-living adjustment for 2027. Projections point to a higher-than-average increase.

10 days ago

Dead mascots, neon labels and internet trends: Inside the strategy wars to capture Gen Z's spending power

liberal

Dead mascots, neon labels and internet trends: Inside the strategy wars to capture Gen Z's spending power

Brands of all sizes are tailoring their marketing strategies to reel in Gen Z shoppers, sometimes going to extreme lengths to get their attention online.

10 days ago

When will bonds get so attractive that investors can't resist? Survey says 6% 10-year yield

liberal

When will bonds get so attractive that investors can't resist? Survey says 6% 10-year yield

Bank of America's October survey found 6% is the key 10-year Treasury yield level that could prompt investors to shift from stocks to bonds

10 days ago

Trump's diesel deal with Russia equals less than two weeks of U.S. demand

liberal

Trump's diesel deal with Russia equals less than two weeks of U.S. demand

President Donald Trump's diesel deal with Russia comes as he is under pressure to reduce fuel prices with the U.S. midterm elections less than a month way.

10 days ago

Could I make six figures from my couch? Influencers said yes

liberal

Could I make six figures from my couch? Influencers said yes

I was seduced by creators hawking passive income hustles. Like the language used in MLMs, it seemed too good to be true

10 days ago

The stock market is at a critical juncture. Wall Street is convinced it will resolve in the bulls' favor

liberal

The stock market is at a critical juncture. Wall Street is convinced it will resolve in the bulls' favor

There's an extraordinary split between the headline S&P 500 pinned just under a record high and the median stock in the index struggling in a 16% drawdown.

10 days ago

Trump’s dud of a diesel deal

conservative

Trump’s dud of a diesel deal

Last week, President Donald Trump and Russian President Vladimir Putin reached an agreement for Russia to supply a few million tons of diesel fuel to the United States and global markets to help lower soaring fuel prices. The agreement involves an immediate supply of over 300,000 tons of diesel, followed by an additional 3 to 5 million tons from Russian refineries.

10 days ago

Trump’s worse-than-useless Russian diesel deal

conservative

Trump’s worse-than-useless Russian diesel deal

Rising gas and diesel prices are a major reason Republicans risk losing the House and possibly the Senate in November, but President Donald Trump’s energy deal with Russia will not fix that. It is too tiny and comes too late to change anyone’s mind about the economy. Worse, it provides much-needed economic relief to a Russian war machine that continues its unrelenting attacks on Ukraine.

10 days ago

Bank Earnings Takeaways: Here's How JPMorgan, Goldman, Wells Fargo and Citi Performed in Q3

liberal

Bank Earnings Takeaways: Here's How JPMorgan, Goldman, Wells Fargo and Citi Performed in Q3

JPMorgan, Wells Fargo, Goldman Sachs and Citigroup reported third-quarter earnings on Tuesday, with mixed results.

10 days ago

Visa gets Beijing's green light for bank card business after 40 years of working with China

liberal

Visa gets Beijing's green light for bank card business after 40 years of working with China

The incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.

10 days ago

Oil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflict

liberal

Oil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflict

Oil prices fell as investors assess potential supply disruptions against prospects of more Russian diesel entering global markets.

11 days ago

IMF warns bond yields could see a 'disorderly' spike as debt, inflation risks worsen

liberal

IMF warns bond yields could see a 'disorderly' spike as debt, inflation risks worsen

The IMF says risks in the government bond market have worsened and that yields could jump sharply and disorderly.

11 days ago