Economy
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Approximately 150,000 U.S. borrowers with adjustable-rate mortgages will see their rates reset this year, followed by 186,000 in 2027 and 155,000 in 2028, according...
Economy
My wife says we can’t afford to retire, yet she wants to take an $8,000 trip to Italy. We have $4 million. Do I...
An American holding $4 million is wondering if he can retire, with his wife believing they cannot afford it while wanting to take an...
Economy
U.S. Treasury yields fall as energy prices pull back
Bond yields fell on Tuesday after energy prices moved lower. The 10-year Treasury note yield dropped more than 5 basis points to 5.1937%, while...
Economy
IMF warns bond yields could see a ‘disorderly’ spike as debt, inflation risks worsen
The International Monetary Fund warned Tuesday that government bond yields could rise in a disorderly fashion, as rising inflation, mounting debt and AI-related borrowings...
Economy
Higher rates could be needed to avoid ‘inflationary mindset’ taking hold, says Fed’s Hammack
Cleveland Federal Reserve President Beth Hammack said Monday that tighter monetary policy might be needed to bring down inflation. A voting member of the...
Economy
Inflation likely peaked for 2026 but will remain sticky, according to prediction markets
Traders on prediction market platform Kalshi think inflation likely reached its annual peak, with no sharp decline expected soon. September consumer price index is...
Economy
The economics Nobel went to the scholar whose work shaped Fed ‘forward guidance,’ a practice Kevin Warsh says has gone too far
American economists Robert E. Hall and Michael Woodford have been awarded the Nobel Memorial Prize in Economic Sciences for their work on macroeconomic models...
Economy
The economy: Is G the new K?
American household spending remains resilient despite pressure from housing costs, debt, and rising everyday expenses. Research suggests generational wealth may partly explain this resilience....