Economics

Economics

The Fed Cut Interest Rates Exactly as Planned. But What’s Next?

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

The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.

2 min read

Photo by Dannel Malloy via CC BY 2.0

Personal Finance

Hurricane Milton Might Be the Costliest Hurricane Since Katrina

When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.

1 min read
Photo by Jun Rong Loo via Unsplash

Markets

The Carry Trade is Unwinding. How Much is Left to Go?

In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.

1 min read
Photo by Phil Roeder via CC BY 2.0

International Economics

US, Mexico Agree to Steel Import Rules Against Chinese Circumvention

The US and Mexico will apply tariffs to some US steel and aluminum imports to keep Chinese metals from entering America.

1 min read

Economics

America’s ‘Left Behind’ Counties Make a Comeback (of Sorts)

Photo by Eric Prouzet via Unsplash

America’s “left behind” counties — which fell behind the rest of the country beginning in the early 2000s — aren’t so far behind…

1 min read

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