American workers are demanding almost $80,000 a year to take a new job
Commuters arrive into the Oculus station and mall in Manhattan, New York, Nov. 17, 2022. Spencer Platt | Getty Images The amount of money most...
S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images S&P Global on Monday cut credit ratings and...
Here’s why Americans can’t stop living paycheck to paycheck
For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In...
Stock markets face a ‘perfect storm’ as high rates and China fears bite, analysts warn
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images...
Gold ticks up as dollar eases before Fed’s July minutes
A worker handles an Argor-Heraeus SA one kilogram gold bar at Solar Capital Gold Zrt. arranged in Budapest, Hungary Akos Stiller | Bloomberg | Getty...
Fitch warns it may be forced to downgrade dozens of banks
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades...
Gold prices to breach all-time highs, with some calling for $2,500
Sven Hoppe | Picture Alliance | Getty Images Gold prices are on track to rally to all-time highs in 2024 on the back of tapering...
Italian bank stocks rebound as government waters down windfall tax
A pedestrian wearing a protective face mask walks in front of a UniCredit SpA bank branch in Milan, Italy, on Thursday, Sept. 3, 2020. Camilla...
U.S. political polarization means Fitch debt downgrade is here to stay, economist says
Fitch Ratings in New York, United States. Cem Ozdel | Anadolu Agency | Getty Images Growing political instability means the U.S. will not regain its...
China deflation fears add to growth concerns; Wall Street downgrades
Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more...