Mortgage Rates Spike Over 7% in April 2024by Terry Bingman 25.04.2024The average 30-year fixed mortgage rate surpasses 7% for the first time this year, with rates rising for three consecutive ...
US Debt Levels Soaring: Economists Voice Concernsby Terry Bingman 25.04.2024The US government heavily relies on debt to function, as it fuels economic growth and stimulates hiring. However, the rising ...
Jay Powell and the Fed’s Recent Shift to “Higher For Longer”by Terry Bingman 24.04.2024Federal Reserve Chair Jerome Powell expects the March reading of PCE to be little changed from February, contradicting Mester's expectations ...
How A.I. Could Benefit Middle Classby Lilu Anderson 08.04.2024When AI skeptic David Autor expresses optimism, it's worth paying attention. This article explores his surprising viewpoint on artificial intelligence.
Markets Anticipate Strong Employment Data: Dow, Nasdaq, S&P 500 Previewby Mark Eisenberg 08.04.2024Last week, the stock market reached record highs with the S&P 500 increasing by 0.4% and the Dow gaining 0.8%. ...
Markets Brace for Strong Employment Databy Mark Eisenberg 08.04.2024Last week, the S&P 500 hit a new record high, while the Dow had its best start since 2021. The ...
America’s $141T National Debt: Severe, Irreversible Scars?by Mark Eisenberg 05.04.2024The Congressional Budget Office projects that public debt will reach 166% of GDP by 2054, but economists believe otherwise. The ...
Alex Krüger on TradFi Firms’ Three Bitcoin Optionsby John Darbie 31.03.2024Bitcoin continues to soar, reaching a trading price of $70,364. The ever-increasing ETF flows indicate that it's just the beginning, ...
Record US Debt to Drive Bitcoin Price Higher, Says Strike CEOby John Darbie 31.03.2024The US government's debt dilemma explained: defaulting is not an option, making paying it back the only alternative. More dollars ...
Fed in Position to Cut Rates in June with Cooling Inflation Databy Terry Bingman 31.03.2024The PCE index, the Fed's preferred inflation gauge, has decelerated to a 0.3% monthly increase, giving positive news for rate ...