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Want to Understand 2024? Look at 1948.
Americans were angry with Truman because of high prices in the aftermath of World War II, even as other economic…
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Politics
11 Charts That Explain the Year in Business, Technology and the Economy
It has been a confusing year for the economy and markets. At the start of 2023, economists largely predicted a…
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Politics
A Christmas Gift From the Bond Market
It’s been a strange few days on the Donald Trump front: He said something about himself that I actually believe…
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Politics
U.K. Inflation Unexpectedly Cools to 3.9 Percent, Lowest in 2 Years
The News A streak of unexpectedly good news on inflation has continued in Britain, as the annual rate of price…
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Politics
Bank of England Keeps Rates Steady, Seeing ‘Some Way to Go’ on Inflation
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank…
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Politics
Gas Prices Are Falling, Hitting Their Lowest Level in Almost a Year
In the fight to bring down inflation, the falling price of gasoline stands out, even if Federal Reserve policy has…
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US
By the Numbers: How Schools Struggled During the Pandemic
The News The federal Education Department released a new trove of data on Wednesday from the 2020-2021 school year, the…
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Politics
The Bond Market, a Sleeping Giant, Awakes
Soaring interest rates have the power to alter the direction of the economy and command the attention of Washington, our…
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Politics
Trying for a Mortgage? Here’s How Much Money You Need to Make.
Qualifying incomes for standard mortgages on typical homes have gone through the roof. Especially in California.
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Politics
What’s Happening in the Bond Market?
The rapid rise in interest rates in recent months has shaken investors and cast a cloud over the economy.