Economy

Japan’s benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street. Other world markets were mixed but appeared to have settled after the rollercoaster start to the week.

Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.

The recent high on the 30-year fixed mortgage was 7.52% in late April, and home sales have been falling ever since.

The monthly inflation rate dipped for the first time in more than four years, providing further cover for the Fed to start lowering rates later this year.

Vietnam was ranked No. 1 in terms of personal finances for expats, according to InterNation’s Expat Insider 2024 report.

Gasoline prices are still slightly cheaper than this time a year ago, but they’ve been inching up this week. At about $3.51 as of Friday, a gallon of regular costs just a penny less than it did at the same time in 2023, according to AAA.

Five Below and Dollar General are moving back toward human cashiers, citing long-running industry concerns about lost inventory.

Although the overall unemployment rate is just 4%, there is a growing share of young adults not working — by choice or by force.

New York City, Chicago and Los Angeles were ranked in the top three cities with worst traffic in America.

U.S. couples without kids need to earn more than $60,000 annually to cover their basic needs.

Car payments skyrocketed in recent years. Pandemic-era shortages and high interest rates are partly to blame, but the auto market has also seen deeper changes.

The Federal Reserve will keep rates where they are, for now — here’s what that means for your credit card, mortgage rate, auto loan and savings account.

The share of credit card debt that’s more than 90 days overdue rose to 10.7% during the first quarter of 2024. 

They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.

As young people enter the job market, it behooves them to note which skills companies are most looking for. Accounting and virtual assistant are in high demand.

Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way.

The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices ahead of the July 4 holiday.

Target plans on cutting prices on thousands of consumer basics this summer with more Americans paying closer attention to their spending as inflation cuts into household budgets.

The Dow Jones Industrial Average briefly rose above 40,000 for the first time as a banner year on Wall Street continued.