Economy

Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy

Argentina’s Javier Milei, a far-right political outsider often compared to former U.S. President Donald Trump, vowed to deliver on his…

Legendary value investor’s firm launches new fund targeting ‘quality’ stocks

Legendary value investor Jeremy Grantham is betting on a special caliber of stocks with his firm’s first active ETF: the…

Fed’s Susan Collins says more rate hikes can’t be taken off the table yet

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could…

Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio…

Fed’s Mester wants ‘much more evidence’ that inflation has been defeated

Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to…