Private Credit Could Amplify Shock in Next Crisis, Fitch Says
Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the…
Why 50% of Financial Advisors Are Putting Client Investments Into Annuities
Annuities have been all the rage lately among financial advisors. Research from ProtectedIncome.org revealed that 50% of financial advisors are allocating…
Spectacular AI growth to spark serious jobs issue for Fed: Zervos
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
6 Frugal Living Lessons From the Great Recession
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the…
Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…
Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing roared higher as the Federal Reserve cut interest rates this week. Rigetti also landed a new…
Do ‘The Markets’ Really Want The Federal Reserve To Lower Rates?
Facade of the Marriner S Eccles building of the United States Federal Reserve, on a bright and sunny…
Fed Cuts Could Fuel More Art Loans as Collectors Seize Opportunities
When the Federal Reserve announced earlier this week that it was lowering its benchmark interest rate for the…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Unemployment rate steady despite jobs losses in August
Australia’s unemployment rate has remained steady at 4.2 per cent in August, due to a big drop in…