Putin’s dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport
Attendees of the BRICS summit, hosted by Russian President Vladimir Putin, have been advised to bring dollars and euros….
An increasing number of Americans are living paycheck to paycheck, BofA says
More Americans are living paycheck to paycheck than they were five years ago, with around a quarter of all…
Americans are quitting their jobs at the lowest rate in years. It’s making it harder to get raises and promotions.
The plummeting quits rate isn’t because everyone’s recently become satisfied with their jobs and pay. In 2021 and 2022,…
Why inflation isn’t returning to pre-pandemic levels — and 3 trades to capitalize on an overheating economy
For the last decade or so, the Federal Reserve’s magic number for inflation has been 2%. The central bank…
The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025
The IMF raised its US GDP growth forecast to 2.8% this year. The International Monetary Fund raised its growth…
Russia’s frozen assets are being used by the UK for a $3 billion loan to Ukraine
St Petersburg, Russia The British government is tapping Russia’s frozen assets for a loan to Ukraine, with the intention…
8 million student-loan borrowers enrolled in Biden’s new repayment plan won’t have to make payments for at least another 6 months
President Joe Biden extended the student-loan payment pause for borrowers on the SAVE plan. Millions of student-loan borrowers on…
Putin’s expanded BRICS summit proves he has friends — but risks buckling under its own contradictions
Russian President Vladimir Putin during the BRICS Business Forum in Moscow on Friday. Russia is flexing its muscles at…
Medicare coverage will change in 2025. Some boomers are already struggling to keep up with their medical bills.
Older Americans can now choose their 2025 Medicare plan. Some are already struggling to pay bills. Older Americans relying…
The hidden cost of high pricesA new study reveals the real reason everyone is still so worked up about inflation
Ever since 2022, when inflation hit a 40-year high of 9%, Americans have been pissed off about the economy….