Economy

Commercial real estate saw record lending competition in April, according to JLL

Global credit activity among lenders as well as overall competitiveness of loan terms reached an all-time high in April, JLL found.

What Social Security recipients should (and shouldn't do) before potential insolvency

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Trump says 'I love the inflation' after consumer price index hits 3-year high

President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "We've been taking out millions of barrels of oil."

Pay what you wish: the restaurant where customers can eat for free

Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profit

The SpaceX IPO could be coming for the 'Magnificent Seven' and chip stocks

The "Magnificent Seven" is the market pocket that's most likely to see a rotation, analysts say.

Polymarket’s volume fell for the second month in a row even as prediction markets see huge growth

Polymarket's international prediction market saw another slump in notional trading volume for May while its U.S. platform continues to grow.

Inflation just increased again. Here's what that could mean for mortgage interest rates.

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Speculation surrounding Taylor Swift and Travis Kelce's wedding fuels prediction markets

Bettors have wagered millions of dollars on platforms like Polymarket and Kalshi as rumors swirl surrounding the wedding of Taylor Swift and Travis Kelce. Jo Ling Kent has more.

Rate hikes are back on the table amid rising prices, Fed officials say—here's what it means for your money

Just weeks ago, investors were debating when interest rates would fall. Now, some Federal Reserve officials are talking about rate hikes instead.

Consumer prices rose 4.2% annually in May, highest in three years

The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

The Crisis Iran’s Leaders Can’t Ignore

Two months into the cease-fire, the Iranian economy lies in tatters.

How Britain Became as Poor as Mississippi

Who broke Britain? Someone—or something—must have. The past 18 years, enough time for a whole lost generation to be born and brought up, have yielded nothing but stagnation and mass disillusionment. In 2007, before the global financial crisis, Britain was at its postimperial zenith. Median household income had just surpassed that of Germany. A pound was worth more than $2, and London was arguably displacing New York as the center of international banking.