Finance
Latest in Finance
Discover the most recent articles in this category
2026-09-20 06:01:34.412 • by
Adam Israel
Global financial markets, initially optimistic, are now flashing red due to intensifying Middle East conflict, soaring oil prices, and rising government borrowing costs. Central banks are aggressively hiking interest rates, increasing recession fears. Experts warn of an 'AI bubble' with stock valuations at critical levels, drawing parallels to the dotcom crash and 1929. While some hope a crash can be avoided, the situation remains highly fragile amidst intense global volatility.
2026-09-17 06:01:41.929 • by
Adam Israel
Asian stock markets displayed mixed reactions following the U.S. Federal Reserve's first interest rate hike in three years, aimed at combating persistent inflation. While some markets like Japan and South Korea saw gains, others such as Hong Kong and Shanghai experienced declines. The move was largely anticipated, yet ongoing geopolitical tensions, rising oil prices due to supply disruptions, and elevated U.S. Treasury yields continue to exert pressure on global markets.
2026-09-17 00:01:13.34 • by
Alex Ingram
The Federal Reserve just raised its key interest rate for the first time in over three years to combat inflation, a move that will impact both borrowers and savers. Fixed-rate products remain unaffected, but variable-rate savings and new loans will see rate adjustments, with smaller banks potentially offering better deals for savers.
2026-09-09 18:01:10.914 • by
Andrew Ismail
Bond yields, including the 10-year US Treasury yield, surged after the Treasury Department announced a $6 billion bond buyback operation, significantly larger than usual, aimed at taming rising borrowing costs but failing to prevent yields from hitting multi-year highs.
2026-08-03 06:00:56.163 • by
Abigail Isaacson
The US has launched an unprecedented coordinated effort with Japan to boost the struggling yen, which is nearing 40-year lows and severely impacting Japan's import-reliant economy. This marks a rare intervention by the Trump administration to stabilize a key ally's currency.
2026-06-20 00:00:56.666 • by
Alex Ingram
Elon Musk became the world's first trillionaire after SpaceX's IPO, leading to widespread concern among Americans whose retirement savings are increasingly and involuntarily tied to the company and other AI firms through index funds, sparking fears of inequality and market instability.
2026-06-19 18:00:56.75 • by
Albert Inestein
Elon Musk's new trillionaire status, following SpaceX's $1.77tn IPO, has sparked widespread concern among Americans whose retirement savings are increasingly and involuntarily tied to tech and AI companies through index funds, raising fears about inequality and market instability.
2026-06-13 06:01:30.246 • by
Amanda Ireland
Elon Musk became the world's first trillionaire after SpaceX's IPO, but critics argue this valuation is based on hype, self-dealing, and regulatory capture, not economic fundamentals. The article warns that rule changes in major stock indices could force millions of Americans' retirement savings into this speculative venture, potentially leading to a significant wealth redistribution from ordinary investors to Musk and his associates.
2026-06-12 18:01:00.477 • by
Amanda Ireland
Elon Musk has become the world's first trillionaire after SpaceX's IPO, but critics argue his unprecedented wealth is built on hype, political connections, and arbitrary control, rather than sound economic principles, potentially rigging the financial system against ordinary investors.
2026-05-21 12:02:07.146 • by
Alex Ingram
Carrie Joy Grimes, author of 'The Joy of Money,' challenges common financial shame and 'crash diet' advice, offering practical tools and negotiation strategies to help individuals save money, manage debt, and navigate a challenging economy, emphasizing that financial empowerment is achievable for everyone.
