interest rates

Inflation & Prices

Renters Are Losing Hope They’ll Ever Own a House

Photo by Aubrey Odom via Unsplash

A New York Fed survey found renters saying their probability of ever owning a home fell to 40.1%, a new low.

2 min read

Photo illustration by Connor Lin / The Daily Upside

International Economics

Japan Looks to Leave its Lost Decades Behind

After years of chronic stagnation, prices are rising again, with inflation exceeding the Bank of Japan’s 2% target for two years running.

7 min read
Photo by Anirudh via Unsplash

Technology

Starlink is Poised to Move into Yemen

Elon Musk’s Starlink is set to receive official approval to enter Yemen, where a civil war has been raging since 2014, Bloomberg reports.

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

Inflation & Prices

Fed Keeps Interest Rates Steady Amid Solid Job Growth

The central bank held the funds rate at 5.25% to 5.5%, citing a “lack of further progress toward the Committee’s 2% inflation objective.”

2 min read

Advisor Upside

Older, Wealthy Americans Are Delaying Rate Cuts With Their Big Spending

Photo by Matt Bennett via Unsplash

Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.

1 min read

M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read

Banking

Jamie Dimon Sticks to His Cautious Worldview

Photo by Steve Jurvetson via CC BY 2.0

JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.

2 min read

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