Money

Last week’s movements in stock markets were a wake-up call for investors of all stripes. Only days after reaching record highs the Dow Jones plummeted once again, dropping nearly 1,400 …

The average interest rate on a 30-year mortgage rose above 5% this week for the first time since 2011. And while that’s still a relatively low rate historically speaking, the …

The Dow Jones on Wednesday suffered its third-largest one-day point drop ever, ending the day down more than 830 points. That was a major wake-up call for those who thought …

With the onset of tariffs pushed by the Trump administration, their effect on world trade has been profound. And while the effects on the US economy have been pronounced, affecting …

Political division is higher than ever nowadays. Left-wingers and right-wingers hate each other to no end and they both believe that the opposing side is what is standing in the …

It used to be that everyone had the same vision of the American Dream. Everyone wanted a good, well-paying job for life, a nice house in the suburbs with a …

It is commonly understood that government regulations are good because they protect workers and consumers and they keep greedy businessmen in check. But that’s actually not the case. Regulations almost …

After the unraveling of the previous housing bubble during the 2008 financial crisis, many people drew the natural lesson that loaning money to people who were poor credit risks was …

Nearly every country on earth backs its paper currency with US dollars. Now you may wonder, why would anyone do that? Or why does that even matter? Here’s why. “Why …

Fed up with what it sees as US bullying in the world financial system, the European Union plans to develop new payment systems to allow the EU to divorce itself …