Running another deficit with no credible plan to return to budgetary balance amounts to mortgaging future generations, says an MEI researcher in reaction to the federal budget tabled today.
This article was originally published Nov. 4, 2026. Democrats won control of Congress in Tuesday's midterm elections, and you may be wondering what such a reshuffle means for your investments. We asked our...
A Synchrony booth at the NC4ME hiring event for military veterans in Wilmington, North Carolina, US, on Wednesday, Oct. 28, 2026. Allison Joyce | Bloomberg | Getty ImagesThe U.S. economy isn't expected to...
President Donald Trump was publicly humbled by inflation in the midterm elections, as rising prices provoked a blistering set of losses for Republicans in House, Senate and gubernatorial races.Most voters...
Illustration by Lanette Behiry/Adobe Stock; ShutterstockThe 30-year mortgage dropped for the third straight week, but rates remain much higher than a year ago — and forthcoming jobs data could slow recent...
The United States has a K-shaped economy in which many higher-income households prosper while others struggle with housing, healthcare, and everyday expenses. A policy that increases the deficit while reducing those pressures may improve economic conditions rather than undermine them.
by KRISTINE FRAZAO | The National News DeskThu, November 5, 2026 at 3:15 PMNEW YORK, NEW YORK - OCTOBER 21: Traders work on the floor of the New York Stock Exchange during morning trading on October 21, 2026...
US Senator Bernie Sanders, (I-VT) speaks during the The Pro-Human Assembly, convening the leadership of nearly every constituency of the pro-human movement in the wake of the rise of artificial intelligence,...
RALEIGH, N.C. (WTVD) -- The midterm elections are over, but their impact could soon show up in your wallet.From Wall Street and gas prices to tariffs and the rapidly growing artificial intelligence industry,...
The ringgit extended its gains against the US dollar and other major currencies yesterday, closing firmer following Bank Negara Malaysia's (BNM) decision to maintain the overnight policy rate (OPR) at 2.75%.
Expert Quote: "Prospective borrowers may be holding off decisions until rates and economic and political conditions settle," — Bob Broeksmit, MBA President and CEO.Forward Look: Predictions of a chillier 2027...
Expert Quote: "Prospective borrowers may be holding off decisions until rates and economic and political conditions settle," — Bob Broeksmit, MBA President and CEO.Forward Look: Predictions of a chillier 2027...
Yesterday, it was a drop below 7.25%. Today, the 7.20% floor was broken. Mortgage rates have been on a tear over the past month and are now back to 7.17% for the average lender. If there's one thing that deserves most of the credit for this bull run, it's the extreme bearishness in tech stocks. The NASDAQ is now down roughly 14% from the October highs and the drop perfectly coincides with the drop in bond yields and interest rates. The road ahead is fairly simple: if tech continues causing panic in stocks, interest rates can continue to benefit. The caveat is that the benefit to rates has been getting smaller and smaller relative to the drama in stocks. This would also suggest that any miraculous bounce in stocks would likely prompt a similar correction in rates. Economic data still matters as well. On that note, tomorrow brings the monthly jobs report, which should always be respected as a potential source of volatility.
The US labour market continues to show strength, with unemployment claims reportedly falling to their lowest level in 57 years. This suggests that most employers are holding on to their existing employees and...
The U.S. midterm elections lay the foundations for a dramatic change in Washington, which saw global oil prices fall in response, and that could soon lead to relief at gas pumps. Oil prices fell sharply on...
Editorial | The Habesha November 5, 2026Ethiopia’s Economic Suffering Behind Abiy Ahmed’s GDP Claim. A displaced family cannot eat a GDP ranking. A farmer cannot rebuild a destroyed livelihood with a...
Presented by Lloyds Banking Group By EMILIO CASALICCHIO with ISABEL LOUBSER Good afternoon. This is Emilio Casalicchio. THURSDAY CHEAT SHEET — Andy Burnham admitted his 10-Year-Plan could be held up until 2027. — Former Keir Starmer allies are not impressed. — SCOOP: Antonia Romeo has updated her objectives for governm
Record imports masked a lopsided shift inside one monthly trade report, and a surprising country now tops America's deficit list. The AI buildout may be sending far more money overseas than anyone sees on the construction site.
America’s data center buildout suffered a resounding defeat in the midterms at all levels of government. Candidates and ballot measures in favor of restricting or altogether stopping the development of the...
GT Voice: Wall Street's bet on China is about more than finance Illustration: Chen Xia/GTBloomberg recently published an article headlined "Wall Street Banks Are Finally Seeing Their...
Debt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows.The UK government is preparing to...