The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.
In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.
The US and Mexico will apply tariffs to some US steel and aluminum imports to keep Chinese metals from entering America.
America’s “left behind” counties — which fell behind the rest of the country beginning in the early 2000s — aren’t so far behind anymore.
The tight supply of both beans meant trading prices were extremely volatile, and the result was that cocoa almost tripled in price last year.
A portfolio doesn’t have to be just stocks and bonds. You can add something a little more fun, say your favorite vintage baseball cards.
Which way Trump will lean on the issue is difficult to say, though tech companies have worked hard to curry the incoming president’s favor.