adminInflation hasn’t been defeated yet because the housing crisis could bring it back
Inflation has improved dramatically since the Federal Reserve launched its aggressive rate hikes in 2022, but the housing market's affordability crisis hasn't gone away and may even renew inflationary pressure.…
Putin turns to North Korean troops as Russia’s economy heads for a ‘meltdown’
Reports that North Korea is deploying troops to support Moscow's invasion of Ukraine highlight the severe manpower limits weighing on the Russian economy and military. On Friday, South Korea's intelligence…
The ‘Texas two-step’ is back as J&J tries to shed talc lawsuits for a third time
Johnson & Johnson (JNJ) is taking a controversial legal argument to court for a third time in hopes of containing a barrage of lawsuits alleging its baby powder caused cancer.…
World Economy Fault Lines Shift From Prices to Politics and Debt
(Bloomberg) — The global economy is heading toward year end with unexpected tailwinds as slowing inflation clears a path for an unlikely soft landing. But while the economics side of…
Fears of ‘False Start’ for Fed Leave Emerging Markets in Limbo
(Bloomberg) — Price action in some of the world’s most risk-sensitive assets is signaling concern that the Federal Reserve’s decision to begin lowering interest rates may have been premature —…
Commentary: One key issue neither presidential campaign is talking about enough
While seniors famously prefer for politicians to keep their hands off their Medicare, it should be more of a big deal on the campaign trail than it is. Sure, Kamala…
Is gold safer than U.S. Treasury bonds as federal debt keeps soaring?
Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe investments. In times of uncertainty, economic…
First drive: Lamborghini Urus SE hybrid is a dynamic, and green, super SUV
Sexy new Lamborghini exterior? Check. Throaty, twin-turbo V8? Check. Hybrid powertrain capable of 38 miles of all-electric range? Um… sure? Check. Welcome to the new Urus SE, starting at (gulp)…
Takeaways from AP’s reporting on how Arizona voters view the economy with the election close at hand
MESA, Ariz. (AP) — The Arizona economy by many measures is flourishing, but it doesn't feel that way for a lot of voters in the presidential battleground state as they…
It’s time to wake up to retirement realities
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. It’s time for families to get serious about the coming retirement and wealth…
