U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says
The U.S. economy should be able to avoid a recession next year — but a sharp pullback in consumer spending…
‘You can’t just make your own rules’: Tesla faces Scandi revolt as Danes join Swedish strike
Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish mechanics, heaping pressure on…
Fed is ‘disconnected’ from reality, must cut rates 5 times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy…
Supply chains, trade top agenda for Yellen Mexico trip
WASHINGTON — Treasury Secretary Janet Yellen will travel to Mexico City this week to strengthen economic ties with America’s top…
Case for gold fever: NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year…
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a…
Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…
Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate cuts
The U.S. economy is “back to normal” for the first time in two decades, but the market is getting ahead…
Bank of America fined $12 million for mortgage disclosure violations by federal watchdog
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday fined Bank of America $12 million for reporting false mortgage lending…
