News
Bruce Yandle: Tax refunds are coming. Will they be vaporized by inflation?
18+ hour, 28+ min ago (230+ words) Will this time be different? There's a lot to consider. If the story sounds familiar, it's because not long ago " when President Joe Biden was doling out generous piles of emergency funds to taxpayers " the price of gold reacted mildly,…...
Budget office expects Federal Reserve to cut rates in 2026
1+ day, 4+ hour ago (309+ words) Despite the Fed's cuts, however, the budget office projects the yield on 10-year Treasury notes to increase gradually, from 4.1% in the fourth quarter of 2025 to 4.3% in the fourth quarter of 2028. The 10-year Treasury yield is a benchmark for mortgage rates,…...
Other voices: Lower housing prices, not loan standards
1+ week, 13+ hour ago (261+ words) Philosopher George Santayana once famously observed, "Those who cannot remember the past are condemned to repeat it." Unfortunately, our nation's collective memory doesn't seem to even extend back two decades. Last month, Fannie Mae dropped the requirement that borrowers have…...
Other voices: Imagine how well the economy would be doing without these tariff tax increases
1+ week, 1+ day ago (303+ words) The U.S. economy has been marked this year by the paradox of a rising stock market but a slowing labor market. Could the explanation be a productivity boom, led in part by artificial intelligence? That seems possible given last month's report…...
Stocks slip on Wall Street as 2025 winds down
1+ week, 4+ day ago (345+ words) By DAMIAN J. TROISE, AP Business Writer The S&P 500 fell 0.4%. With just three trading days left in 2025, the benchmark index is still up more than 17%for the yearand it remains on track for its eighth monthly gain in a row....
Real World Economics: Tales of economic growth speak volumes
1+ week, 5+ day ago (628+ words) There are thinkers throughout history who offer grand overarching explanations of economic growth. Karl Marx was an economic determinist who focused on perpetual struggle between economic classes. Philosopher Adam Smith argued that human ingenuity and enterprise should not be throttled…...
Trump overturned decades of US trade policy in 2025. See the impact of his tariffs, in four charts
2+ week, 2+ hour ago (340+ words) By WYATTE GRANTHAM-PHILIPS and PAUL WISEMAN, Associated Press Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy " building a wall of tariffs around what used to be a wide open economy. His…...
US stocks open mixed at the end of a holiday-shortened week
2+ week, 9+ hour ago (108+ words) Derek Orth works on the floor at the New York Stock Exchange in New York, Wednesday, Dec. 10, 2025. (AP Photo/Seth Wenig) The S&P 500 edged up 0.1% in the early going Friday. The index is holding on to a modest gain…...
Other voices: Inflation appears to ease
2+ week, 2+ day ago (123+ words) The November inflation numbers are in, and they're a disappointment for Democrats. The Labor Department reported last week that consumer prices rose 2.7% in November compared with a year earlier. That's an improvement from the September rate of 3%. The markets responded…...
US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump’s fight with the Fed
2+ week, 3+ day ago (1110+ words) It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence technology. In the end, though, it was a great year…...