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2 mins read

Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…

Theron Mohamed   


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2 mins read

The US risks being caught off-guard by a recession with the labor market far weaker than most realize, strategist says

Recent US unemployment figures included temporary government jobs that may disappear after Septembe…

Filip De Mott   


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2 mins read

New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan

Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…

Ayelet Sheffey,Juliana Kaplan   


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3 mins read

Waaree Energies Limited opens for subscription today. Should you invest?

The company, which operates 4 manufacturing facilities in Gujarat, India, commenced operations in 2…

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2 mins read

A Trump victory raises the risk of a US economic situation worse than recession, 'Dr. Doom' Nouriel Roubini says

Roubini says investors should buy defensive assets like gold and Treasury inflation-protected secur…

Filip De Mott   


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3 mins read

Subsidies help a 55-year-old pay $96 a month for health insurance. Her costs could increase 186% if they expire next year.

Lisa Jolly, 55, relies on pandemic-era subsidies to pay for ACA coverage. The subsidies could expir…

John Towfighi   


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3 mins read

Kamala Harris' pitch to families struggling to care for both kids and aging parents: Medicare for in-home eldercare

Kamala Harris proposed Medicare coverage for in-home eldercare, which cost families an average of n…

Ayelet Sheffey   


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3 mins read

Kevin O'Leary says the US needs to go 'DEFCON 19 against China' and break the country with heavy tariffs

"You squeeze them because the Chinese only understand the stick," Kevin O'Leary told Fox News prese…

Kwan Wei Kevin Tan   


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5 mins read

Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut

The spotlight is on earnings season after a surprise jobs report called into question when the next…

Dan DeFrancesco   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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3 mins read

Trump's trade and tax policies are the new hot-button topic dividing economists and market experts

Many notable economists are sounding the alarm on the inflationary impact of Trump's proposals. Oth…

Filip De Mott   


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6 mins read

America's trade war is coming for Gen Z's favorites

Gen Z could see higher prices on Shein and Temu goods due to a Biden administration proposal.

Jacob Zinkula   


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2 mins read

New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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1 min read

ED conducts raids in Gujarat in GST fraud case

The Enforcement Directorate conducted multi-city searches in Gujarat related to a money laundering …

PTI   


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6 mins read

A major curveball in retirement preparedness: divorce

Divorcees have lower 401(k) balances, less savings, and a more limited monthly retirement income th…

Allie Kelly,Juliana Kaplan   


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2 mins read

RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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3 mins read

Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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5 mins read

Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'

Small breweries damaged by the hurricane are scrambling to help workers and figure out how to rebui…

Allie Kelly,Noah Sheidlower   


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3 mins read

Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules

Dalio, whose company runs the biggest foreign hedge fund in China, says the country needs to start …

Matthew Loh   


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2 mins read

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

William Edwards