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eco - Wolf Street - 5 hours ago

Homeowners Are Clinging to their Below-4% Mortgages for Dear Life as Mortgage Rates Went over 7%

The housing market, wrecked by ultralow mortgage rates, will stay wrecked for longer.

eco - Wolf Street - 13 hours ago
Eco - The Economist - 1 day ago

Governments want to hold America’s shares more than its debts

When countries switch towards riskier assets, the global economy feels the consequences

Eco - The Economist - 1 day ago

Research on grasping bureaucrats startles Singapore

It is more revealing about its academic culture than its civil service

Eco - The Economist - 1 day ago

Financial astrology is a serious business in India

That is bad news for investors’ returns

eco - Wolf Street - 1 day ago

The US Economy “Is Running Hot,” Lots of Consumer Spending Growth, Lots of Inflation. The Bond Market Sees it Too

Spending on discretionary goods and services that people buy to have fun with was particularly motivated.

eco - Wolf Street - 1 day ago

Not Even the Massive Changes of Methodology Can Get PCE Inflation Back into the Bottle

Those changes in methodology knocked the PCE price index down, but even the new-and-improved version remained far above the Fed’s target.

eco - Wolf Street - 2 days ago

Turnover in the Labor Market Calms Down, after Chaotic Churn

Workers quit quitting and settled in, after the epic rematching of workers and employers.

Eco - The Economist - 2 days ago

Investing for babies involves knotty trade-offs

Should new parents favour financial capital, human capital or something else?

Eco - The Economist - 2 days ago

The AI boom meets a new kind of crypto scam

Payment cards linked to cryptocurrency accounts may enable Chinese purchases of American AI models

Eco - The Economist - 2 days ago

How the AI boom could worsen the rich world’s fiscal crunch

Even with higher growth, taxes may be harder to find

eco - Wolf Street - 3 days ago

Anthropic Lost $42 Billion on $4.6 Billion in Revenues in 2025: Leaked IPO Prospectus

It plans to spend $518 billion in the coming years on cloud, computing, and infrastructure obligations and now needs a lot of AI magic money.