Bitcoin Price Is Stable Despite Trouble at Silvergate. But Banks Are a Risk.
Text size Bitcoin prices have largely failed to consolidate recent gains above $24,000. Dreamstime Cryptocurrencies held their ground on Thursday, seeming to shrug off news...
‘The U.S. housing market is crumbling under the weight of higher mortgage rates and rock-bottom affordability’: Prices fell the most in these U.S. states
Americans are finding it hard to afford homes at mortgage levels now beyond 7%, according to some measures. Home prices have begun to reflect that....
Russia Turns to China’s Yuan in Effort to Ditch the Dollar: WSJ
Russia’s economy, restricted from Western financial networks and the U.S. dollar, has embraced a burgeoning alternative: the Chinese yuan. Energy exporters are increasingly getting paid...
Opinion: The stock market’s rally was a head fake and the smart money now is with the bears
The stock market, as measured by the S&P 500 Index SPX, +0.53%, has fallen below the 4100 level. That is significant because there previously was...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
Opinion: No ‘soft landing’ is in the cards from Fed rate hikes. Look for recession and a buying opportunity once stock prices decline.
Is the bear market of 2022 over? Are we already in the early innings of the next great bull market? The S&P 500 SPX, -0.16%...
Steepest Home-Price Declines in Fourth Quarter Were in the West: WSJ
U.S. home prices rose in the fourth quarter from a year earlier, but once-booming West Coast markets were among a growing number of metro areas...
Credit Suisse Bank Losses Deepen, Threatening Overhaul: WSJ
Credit Suisse Group AG reported a fifth consecutive quarterly loss and said rich customers withdrew around $100 billion in the fourth quarter, signs that the...
Households Burn Through What’s Left of Their Pandemic Savings
The cushion of savings many built up during the pandemic is thinning out. In some households, it is already gone. Americans have spent down about...
The U.S. Consumer Is Starting to Freak Out
Listen to article (2 minutes) The engine of the U.S. economy—consumer spending—is starting to sputter. Retail purchases have fallen in three of the past four...