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
Personal Finance

Hurricane Milton Might Be the Costliest Hurricane Since Katrina

Photo by Dannel Malloy via CC BY 2.0

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

1 min read
Markets

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

Photo by Jun Rong Loo via Unsplash

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
International Economics

US, Mexico Agree to Steel Import Rules Against Chinese Circumvention

Photo by Phil Roeder via CC BY 2.0

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