Surging US unemployment has triggered a recession indicator with a perfect track record
A closely watched recession indicator flashed on Friday after a weak July jobs report showed an unexpected surge in…
Sports betting’s biggest losers
A new study shows that legalized gambling is destroying young men’s financial futures. The thing about sports betting is…
4 areas of the market set to surge if Trump wins the election — and 3 poised to benefit from a Harris victory
With less than 100 days until the US presidential election, investors are watching the race carefully. Whoever takes the…
Interest rates remain steady once again — but it’s likely the Fed will cut rates in September
The Federal Reserve held interest rates steady during its July meeting. The nation’s central bank didn’t give interest rate…
Goldman’s CEO reverses course, now expects up to 2 rate cuts in 2024
Goldman Sachs CEO David Solomon. Two months ago, Goldman Sachs CEO David Solomon said the Federal Reserve was unlikely…
Bitcoin volatile after Trump says US will be ‘crypto capital of the planet’
Bitcoin rose after Donald Trump voiced support for the currency during a weekend conference. During remarks a weekend bitcoin…
Gen Z strikes back
Companies reneged on their job offers. Now college students are getting even. Last fall, a college junior I’ll call…
Feds accuse famed short-seller Andrew Left of fraud and market manipulation
Andrew Left, the famed short-seller that made millions betting against public companies, has been charged of fraud by federal…
Credit-card rewards are tearing friends apart
Our obsession with points is turning brunch into a social minefield. Pam’s circle of parent friends likes to split…
The US economy grew way faster than expected this spring
A new Bureau of Economic Analysis report said the advance estimate for US GDP growth in the second quarter…