Fed’s rate cut could catapult mid-cap stocks over the S&P 500 as the top trade, strategists say

Goldilocks might be onto something. Over the past week, investors were busy figuring out the best way to play the Federal Reserve’s decision to lower interest rates for the first…

What 3 economists say is in store in a second Trump economy

"Chaos." "Destructive." "A big hit to people's pocketbooks." That's what the economy will look like under a second Trump administration, according to three economists across the policy spectrum, if the…

Commentary: AI is entering a whole new dimension

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…

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…

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…