Short-term debt yields rose above ones on longer-term notes before each recession since 1955. That’s why this week’s yield curve inversion’s worrying.
Author: Medora Lee, USA TODAY
Considering a crypto investment? Why current owners are ‘committed’ despite recent volatility
Crypto users remain optimistic despite the recent price plunge, according to a Morning Consult survey. They still like the future of digital assets.
Prices don’t drop when inflation eases. Why your wallet will be hurting for a while.
Consumers should get used to paying higher prices. If inflation eases, that just means prices aren’t rising as fast but they’re still rising.
Inflation hurts more if you’re Black or Hispanic, New York Fed study says
Soaring inflation is painful for everyone, but more so for Blacks and Hispanics, who tend to spend more in high inflation categories, a study says.
Inflation means people are spending less, which may be putting a recession on fast track
Consumers cutting spending faster than expected due to inflation sends alarm bells about the economy. Some now see recession sooner rather than later.
Employees, employers find their way after Roe v. Wade decision
Employers and employees will have to see how policies shake out after the Supreme Court overturned Roe v. Wade. But this is what we know so far.
A double whammy for consumers: Home and auto insurance rates are set to jump in tandem
Consumers, already grappling with 40-year high inflation, will get squeezed again with home and auto renewal insurance rates set to rise sharply.
Is it too late to prevent a recession? Here’s what experts say
Recession odds are growing as investors fear the Fed’s interest rate hikes will be too fast and too big, bringing the economy to a screeching halt.
Middle class, minus debt: Apprenticeships, certificates offer low-cost option to college
As Biden mulls student debt, others discover alternative paths to the middle class without the debt. They’re using apprenticeships and certifications.
Gas tax holiday relief will likely be mild, short. Americans should brace for higher prices
Biden’s gas tax holiday plan would likely mean little relief for consumers. Americans should still brace themselves for higher prices, experts say.