Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University of Chicago economics professor, believes rates are staying high into …
A ‘richcession’ may be underway “In most recessions, unemployment rises more for lower-income groups,” said Tomas Philipson, a professor of public policy studies at the University of Chicago and former …
Advancements in investment products and trading platforms haven’t altered long-standing investing fundamentals, according to neurologist and best-selling financial author William Bernstein. Bernstein, who released the second edition of his 21-year-old …
Lucigerma | Istock | Getty Images Predictions that a recession may be looming for the U.S. economy have so far not come to fruition. Now, some experts are backing off …
JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are …
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no substitute for …
It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO Terry Duffy. “Everybody that I’ve talked to over the last …
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
CNBC’s Jim Cramer said Wednesday that Wall Street is finally catching up to his long-held belief that the market has been bullish since inflation peaked last year. Regardless, he laid …
People walk past the New York Stock Exchange (NYSE) on July 12, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from …