Elon Musk is a Trump win away from serious federal power
Former President Donald Trump adopted Elon Musk’s proposal to create a government-efficiency commission. It looks like Elon Musk is…
JD Vance’s plan to lower childcare costs: have grandma and grandpa ‘help a little bit more’
Trump’s VP pick JD Vance said older family members should have more options to help with childcare. JD Vance’s…
The US labor market is ‘healthy,’ Treasury Secretary Janet Yellen says, even as data shows conditions softening
Treasury Secretary Janet Yellen. Treasury Secretary Janet Yellen says the US labor market is holding up, even as this…
Fed rate cuts are coming too late to fend off a US recession, research firm says
Federal Reserve Chairman Jerome Powell appears during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, Nov….
A big rate cut this month would create a ‘self-fulfilling prophecy’ of recession fears, economist says
An outsized rate cut from the Federal Reserve could spark deeper recession fears and cause increased volatility despite a…
‘Big Short’ investor Steve Eisman explains why he refuses to predict another financial crisis
Once-in-a-lifetime trades are called that for a reason. Just ask Steve Eisman. The ultrawealthy investor made a fortune by…
The US economy could be on the precipice of triggering a ‘vicious feedback loop,’ Nomura analysts say
The US economy is at an important moment ahead of this Friday’s jobs data release, which could trigger a…
A Gen Xer who grew her savings from $50k to $350k in 10 years shares the FIRE methods she’s using to get to $1 million
Miriam, age 43, says she’s on track to reach her retirement savings goal of at least $1 million by…
The economy is at a fork in the road
Friday’s jobs report is a big one. That’s because the US economy is at a critical point. The next…
Russia built a secret trade channel with India, leaked documents show
Russian President Vladimir Putin meets with India’s Prime Minister Narendra Modi in India in September 2022. Russia covertly turned…