Tag: Economy

G7 finance chiefs say it is urgent to limit Middle East war’s cost to global economy

The U.S. economy has so much to handle all at once. From rising oil prices, geopolitical tension, and fresh inflation concerns. Yet one of the country’s top economic officials just delivered a message that might be different from most people’s. Scott Bessent, Treasury Secretary, said the underlying …

Many Americans concerned about retirement income understand that the federal government faces a near-term funding problem for Social Security. In fact, this has been one of the leading issues I’ve discovered is on people’s minds during my years reporting on Americans’ personal finance worries. …

SEC approves rule change to allow customer cross-margining in Treasury market

World Bank launches ’Water Forward’ programme to tackle global water stress

Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices

During my years of reporting on mortgage rates and the housing market (and other personal finance topics), I’ve found that real estate trends can be difficult to predict. This is especially the case when global economic events become unexpectedly volatile, such as the current developments in Iran …

Factbox-Emerging economies in focus at IMF World Bank meetings

As I have reported for years regarding Americans’ personal finance concerns, employer-sponsored 401(k) plans are a vital part of one’s retirement savings. This is particularly important, considering that the average monthly Social Security retirement benefit is only $2,071, according to the Social …

Demand for amusement parks is not slowing down, despite economic headwinds and geopolitical tensions. In fact, consumers are more focused on the value of experiences and creating fun memories in times of uncertainty.  The U.S. amusement and theme park industry is projected to reach a market …