Against an economic background more traditionally associated with interest rate rises, the US central bank has just cut rates. John Stepek explains what’s going on at the Fed.
China’s currency, the yuan, has weakened significantly against the dollar. That suggests the trade war will only get worse, says John Stepek. Here’s what it means for you.
The Federal Reserve has cut US interest rates for the first time in over a decade. It’s fair to say that the market didn’t like it. John Stepek explains why.
Hedge fund boss Kyle Bass thinks that the US is heading for recession, with even the gloomiest projections wrong.
America’s long bull market in stocks has rested on booming corporate earnings. But forecasts are gloomy.
The US might be politically divided. But both parties clearly now agree on one big issue – government spending, and plenty of it, is a good thing. John Stepek explains why this is so important for investors.
The US central bank is being far too relaxed about the potential consequences of taking out an “insurance” interest-rate cut reckons Sonal Desai of Franklin Templeton.
It is now a virtual certainty that the Federal Reserve will cut interest rates at the end of this month. And liquidity-addicted markets do love easy money.
June brought the best monthly US jobs growth of the year, but stockmarkets were not best pleased.
Author and strategist A Gary Shilling says the US economy is declining. But a recession won’t last, and things are looking good in the longer term.
A jubilee for student debt is an attractive idea but not a fair one, says Merryn Somerset Webb. Better to give everyone a hefty lump sum – whether they have debts or not.