macro

Miran, top Fed advocate for rate cuts, turns the page

The president’s ultimate goal is to push the Fed – among other independent US institutions – to bend to his will Jerome Powell, who stepped down this week as chair of the Federal Reserve, had his hits and misses. The Fed was late to react as prices started rising when the Covid pandemic abated, but

Analysts point to profit-taking, not panic, with ETF outflows at their worst pace since February as 10-year Treasury yield soars.

$800B in AI spending is juicing GDP and stocks — while real wages fall and Americans cut back on goods

Trending stocks this week as markets assess sticky inflation, rising Treasury yields

Bond markets won’t wait for the central bank to combat inflation.

Official CPI masks double-digit spikes in healthcare, insurance and energy. Meanwhile, an outdated strategy quietly drains your portfolio.

Real estate stocks edge down as Treasury yields surge, borrowing costs rise

“People are switching to cheaper proteins. They’re eating pork, they’re eating chicken,” says 73-year-old butcher Jorge García.

As inflation has tightened household budgets, several chain restaurants have brought back all-you-can-eat deals to drive foot traffic.