Bankruptcy in the short term is painful. In the long term, it is cleansing decades of poor federal government choices.

During the quarter, the Lazard Emerging Markets Equity Advantage Portfolio returned 2.4%, lagging its benchmark, the MSCI ...

Atlanta Fed President Raphael Bostic explained it would take time for the central bank to fully understand the economic ...

Gold prices edged higher as investors reacted to a weaker U.S. dollar, upcoming Fed rate decisions, and growing interest in U ...

A bear market happens when a major stock index drops 20% or more from recent highs for at least two months. But smart ...

The amount of money sitting in money market funds hit a record $7 trillion in the first half of 2025, continuing a years-long surge of inflows into these short-term, low-risk investment vehicles. So ...

Interest rates held fast in a unanimous vote of the Federal Open Market Committee ... triggered by Trump’s “liberation day” announcement sent Arctic-strength squalls through the US treasury ...

As the House considers a reconciliation package that is shaping up to add $3.3 trillion to the debt over a decade as writte ...

The Mortgage Bankers Association latest forecast reflects the industry's current views on where their business is going, said ...

JPMorgan CEO Jamie Dimon is warning investors that the U.S. economy still hasn’t fully absorbed the impacts from Donald Trump ...

While Jerome Powell lives on borrowed time as Federal Reserve chair before President Donald Trump ... yet more unknowns following Trump’s April 2 “Liberation Day” tariff announcement. At his May 7 ...

The U.S. dollar slipped on Thursday after a flurry of economic data, including a gauge of consumer health that showed retail ...