Economics

Exclusive news, analysis and commentary on the US and global economy, central bank policy, interest rates, trade, and consumer sentiment.

International Economics

How Long Can China’s Bull Market Last?

Photo by Edward He via Unsplash

China is grappling with a depressed job market, a struggling property sector, weak consumer spending, geopolitical tensions, and debt.

2 min read
Advisor Upside

Sen. Warren Blasts Advice Industry Over ‘Kickbacks’

Photo by Gage Skidmore via CC BY-SA 2.0

Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.

2 min read
Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 min read
Economics

The Biggest Risk to a Soft Landing Might Just Be Jerome Powell

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Nearly 40% of 32 economists cited a “monetary policy mistake” as the “greatest downside risk to the U.S. economy over the next 12 months.”

2 min read
International Economics

The Rise of India’s Reckless Retail Investors

Photo illustration by Connor Lin / The Daily Upside, Photo by Prostock Studio via iStock

Regulators worry that undisciplined and inexperienced investors are taking on way too much risk in the country’s overheated stock markets.

6 min read
Real Estate

Zillow Adds Climate Risks to Home Listings

Photo by Eric Hamiter via CC BY-SA 2.0

Zillow will be adding climate risk scores and insurance information to for-sale listings on its online marketplace.

1 min read
International Economics

Rate Cuts Are Making an Impact, OECD Says

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The OECD upgraded its outlook for global economic growth, noting slowing inflation, central bank rate cuts, and falling energy prices.

2 min read
International Economics

Macron Taps 33-Year-Old to Lead France Out of Economic Wilderness

Photo by Kremlin.ru via CC BY 4.0

After two months of a post-election stalemate, French president Emmanuel Macron appointed a government Saturday.

2 min read
Economics

The Fed Finally Delivers on Promise to Slash Interest Rates

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The Federal Reserve finally slashed interest rates, delivering a half-point cut — the high end of consensus expectations.

2 min read
International Economics

Prices in China to Fall into 2025 Amid Deflationary Sputters

Photo by Gary Lerude via CC BY 2.0

China will see middling returns into 2025 according to new data and a bank analyst report, which paints a grim future for its consumer sector.

2 min read
Economics

Manufacturing, Construction Slowdown Trigger Broad Sell-Off

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Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.

2 min read
Personal Finance

Home Economics: Homeownership is still the American Dream. But Should it Be?

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Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?

4 min read
International Economics

With Dollar Reserves Running Out and Ratings Downgrades, Maldives Stares at a Crisis

Photo by Ishan @seefromthesky via CC0 1.0

Fitch Ratings downgraded the debt of the Maldives for the second time in just over two months, suggesting it’s likely to default on bonds.

1 min read
Real Estate

RealPage Sued by Justice Department for Alleged Rent Price-Fixing

Image Credit: iStock, JHVEPhoto

The DoJ launched an antitrust lawsuit against Thoma Bravo’s RealPage for allegedly helping property managers conspire to drive up rent.

1 min read
International Economics

Canadian Railway Shutdown Threatens US Supply Chains

Photo by Sangkeun Park via CC BY-SA 4.0

Canadian National Railway and Canadian Pacific Kansas City came to a halt after locking out 9,300 employees over a contract dispute.

2 min read
Banking

Wells Fargo Sells Most of Its Commercial Real Estate Servicing Business

Photo by NoeHill via CC BY-SA 3.0

Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.

1 min read
Economics

Political Conventions Bring in Less Money Than Promised

Photo by Andy Feliciotti via Unsplash

The economic impact on host cities of political conventions’ like the DNC and RNC are not quite as advertised

1 min read
International Economics

The UK’s Higher-Education Sector is Trying to Dodge a Finance Crisis

Photo by David Iliff via CC BY-SA 3.0

The UK’s top-notch schools are a premier destination for international students, and education is a big part of the economy.

2 min read
Real Estate

Mortgage Refinancings Surge as Rates Drop, Inflation Cools

Photo by Daniel Abadia via Unsplash

As mortgage rates drop, current homeowners are using the opportunity to refinance their mortgages at the fastest pace since 2022.

2 min read
Real Estate

Apartment Building Loans May Be Just as Bad as Office Building Loans

Photo by Andreea Ch via Pexels

Tens of billions of dollars’ worth of apartment building loans and mortgages are at risk of distress as of the end of the second quarter.

2 min read