There are a lot of ifs involved in just being “okay” at that savings level too.
The legendary Oaktree Capital investor sees a reckoning ahead for commercial real estate and highly leveraged companies.
Large deposits do not go unnoticed by financial institutions — and for good reason, experts note.
Money isn’t everything when it comes to the top political donors, according to a recent working paper circulated by the National Bureau of Economic Research and co-authored by researchers from Cornell University and Sapienza University of Rome.
In a move that could significantly impact the future of digital assets, the Republican Party has included language in its 2024 platform promising to defend cryptocurrency.
Investors should start preparing for a stock-market correction as uncertainty surrounding U.S. politics, corporate earnings and Federal Reserve policy start to weigh on the market, according to Morgan Stanley’s Michael Wilson.
Greg Jensen, co-CIO of hedge fund Bridgewater Associates, said the current stock-market enthusiasm around artificial intelligence is different from the dot-com bubble that burst 24 years ago.
Total consumer credit rose $11.3 billion in May, up from a $6.5 billion gain in the prior month, the Federal Reserve said Monday.
