Commentary: AI is entering a whole new dimension
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The Hedge Fund Betting Fed Cuts Can’t Revive ‘Failing’ Green Bets
(Bloomberg) — It’s wrong to expect that a cycle of interest-rate cuts from the Federal Reserve will suddenly revive the green transition, according to Barry Norris, the founder and chief…
Powell Speech and Jobs Data to Help Clarify Fed Rate Path
(Bloomberg) — The appetite of Federal Reserve policymakers for another large interest-rate cut in November may come into better focus in the coming week as Jerome Powell addresses economists and…
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- September 28, 2024
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USTR Finalizes New Section 301 Tariffs
The United States Trade Representative (USTR) published a Federal Register notice detailing its final modifications to the Section 301 tariffs on China-origin products. USTR has largely retained the proposed list of products subject…
Author Q&A: Here’s how to navigate the complex world of Medicare
Signing up for Medicare is top of mind for the 4.1 million Americans turning 65 this year — a record number. Medicare is the primary health insurance for 67 million…
Americans say it’s harder to find a job. So why aren’t economists worried yet?
Consumers are feeling the pains of a cooling labor market. On Tuesday, the latest Consumer Confidence Index release showed a narrowing margin between respondents who are finding jobs "plentiful" and…
House-rich consumers are using their homes to help them get out of debt
Cash-strapped Americans are using their homes to pay down debt and keep up with the rising cost of living. Use of home equity lines of credit — a type of…
6 Reasons the Poor Stay Poor and Middle Class Doesn’t Become Wealthy
Every time a paycheck comes in and then seems to immediately go out again between bills and other expenses, it’s easy to be frustrated. You work hard. You try to…
DirecTV and Dish have spent years trying to merge. It might finally happen.
Another big media merger could be on the horizon. Satellite TV providers DirecTV (T, TPG) and Dish Network (SATS) are reportedly in advanced merger talks, according to the Wall Street…
Israel Is Cut by Moody’s Again as War Takes Economic Toll
(Bloomberg) — Israel was downgraded for the second time this year by Moody’s Ratings as the economic costs mount from almost 12 months of fighting in Gaza and an escalating…
