Economy

Treasury to borrow $776 billion in the final three months of the year

The U.S. government’s borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a…

Stocks making the biggest moves midday: SoFi, McDonald’s, Western Digital, ON Semiconductor and more

Check out the companies making headlines in midday trading.

The escalating Israel-Hamas conflict raises risks of global market contagion, economist says

As the Israel-Hamas war draws into into its fourth week, the risks to the global economy are rising, economist Mohamed…

Suze Orman: ‘Big mistake if you park your money forever in bonds’

Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of…

Achieving the ‘American dream?’ A lot of it depends on where you grow up

Where a child grows up in the U.S. is becoming an increasingly critical component toward determining their future economic status.…

Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns

An intensifying bond rout is piling pressure on the global economy and creating a “tremendously dangerous” outlook for equities, the…

Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate

Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday. The…