Americans Begin to Feel the Sting of Fed Rate Hikes
Rising interest rates due to Federal Reserve’s decisions are straining American finances. Consumers face higher costs for home and car loans, and existing debts are...
Why More Baby Boomers Are Facing Homelessness
The surge in elderly homelessness is being significantly impacted by the Baby Boomers, amplifying a public-policy crisis and burdening taxpayers. Increasingly, aging individuals face homelessness...
The U.S. Is Not Yet Ready for the Era of ‘Great Power’ Conflict With China and Russia
Clint Hinote returned from a deployment in Baghdad in the spring of 2018 to a new assignment and a staggering realization. A classified Pentagon wargame...
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...
BlackRock Profit Falls 23%: WSJ
The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. [ad_2] Source link...
The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?
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It Now Costs $300,000 to Raise a Child
The cost of raising a child through high school has risen to more than $300,000 because of inflation that is running close to a four-decade...
The Bursting Chinese Housing Bubble Compounds Beijing’s Economic Woes
China’s deflating property bubble is imperiling the world’s second-largest economy with effects that could ripple for years. Home prices are dropping in many cities after...
The Upper Middle Class Is Getting Squeezed
By Dion Rabouin | Photographs by Dina Litovsky for The Wall Street Journal July 25, 2022 5:30 am ET Mark Yu had a profitable pandemic....
Food Prices Squeeze Poorest in Rich Countries
LONDON—Rampant food inflation is roiling the world’s least-developed nations. It is also hitting poor people in rich countries. Matsentralen Norge, a food-bank operator in oil-rich...