3+ day, 16+ hour ago   (307+ words) Federal Reserve officials were already heading into next week’s meeting divided over whether inflation had cooled enough to leave rates alone. Thursday’s producer-price report made that decision harder: wholesale prices rose 5.4% from a year earlier in August, and traders pushed…...

5+ day, 1+ hour ago   (425+ words) Weak economic data is supposed to pull long-term interest rates down. Instead, Treasury yields have been climbing, and Brookings Institution senior fellow Robin Brooks says that reversal is evidence that demand for U.S. government debt is weaker than it looks. That…...

5+ day, 57+ min ago   (600+ words) The Japanese yen has strengthened roughly 4% against the dollar since the beginning of September, pushing the exchange rate to about ¥153 and reviving a risk markets learned about painfully in 2024: a currency move in Tokyo can force investors to sell assets…...

1+ week, 31+ min ago   (372+ words) Goldman Sachs Asset Management surveyed 1,000 wealthy Americans and found an unusually sharp threshold in how they invest. Only 39% of households with $1 million to $5 million in investable assets own alternatives, but adoption rises to 63% above $5 million, 80% above $10 million and 91% above $20 million....

1+ week, 57+ min ago   (401+ words) Goldman Sachs says oil could climb to $120 a barrel if attacks on Middle Eastern shipping intensify, after the United States struck Iranian tankers and Tehran declared a new restricted zone outside the Strait of Hormuz. Six months into a war…...

1+ week, 1+ day ago   (483+ words) President Donald Trump responded to an unexpectedly strong August jobs report with an unusual ultimatum for Federal Reserve Chair Kevin Warsh: lower interest rates or he could stop trading with countries that run surpluses against the United States. The threat…...

1+ week, 5+ day ago   (500+ words) Federal Reserve Governor Michael Barr put a straightforward condition on the Fed’s September decision Tuesday: if inflation isn’t cooling fast enough, policymakers should raise interest rates. “If inflation appears not to be moderating sufficiently, then I think we should act…...

2+ week, 37+ min ago   (218+ words) “The dollar amounts have gotten so big, so fast,” Nicholas Garcia, a principal wealth advisor at Compound Planning, told Business Insider. His firm manages more than $5 billion and says concerns about an AI bubble now arise in nearly every client…...

2+ week, 5+ day ago   (338+ words) President Donald Trump and Treasury Secretary Scott Bessent have settled on an appealing answer to a deeply unappealing number. With the national debt now above $40 trillion, both say the United States can grow its way out of the problem. Kent…...

2+ week, 6+ day ago   (344+ words) The tension is unusually personal for a central-bank communications dispute. Warsh wants investors to rely less on Fed guidance and more on economic data, but economists and traders aren't merely asking him to predict the next interest-rate decision. They want…...