“Reported rejection rates for credit cards, mortgages, auto loans, credit card limit extension applications and mortgage loan refinance applications all rose in 2024,” the New York Fed said in a ...

House Speaker Mike Johnson said Donald Trump’s plan to end income tax on tips would have to be paid for, injecting a note of caution into one of the president-elect’s key campaign pledges.

Proposed legislation to create a national retirement plan could decrease wealth at retirement by as much as 20%, especially for millennials and Gen Z,, according to new research from Morningstar.

“Go for gold,” analysts including Daan Struyven said in a note, reiterating a target of $3,000 an ounce by December 2025. The structural driver of the forecast is higher demand from central banks, ...

Morgan Stanley strategists reduced Chinese equities to a slight underweight within the region, while Goldman Sachs Group Inc. trimmed its index target on the MSCI China Index to reflect a less ...

Over the weekend, billionaire Elon Musk and Key Square Group LP founder Scott Bessent — whom Trump is considering for the Treasury secretary post — spoke after Musk publicly endorsed a separate ...

The Cleveland Fed paper, which was published last month, presents another complication — the authors found that declining mobility in the US is compounding the delay. So rent inflation will be more ...

It may sound like an odd problem for an institution that charges almost $52,000 a year, but Ransom’s tuition is below elite New York schools like Dalton or Collegiate, which cost about $65,000 a year.

But on the eve of New York’s fall megasales, where Christie’s, Sotheby’s and Phillips will attempt to sell roughly $1.5 billion worth of art in just one week, the true prospects of the market might be ...

When Donald Trump first won the White House in 2016, his victory created one of the all-time best sales pitches for green-minded investment funds: If Washington wasn’t going to push for a transition ...

J.P. Morgan Asset Management is predicting annual returns of 6.4% over the next 10 to 15 years in a traditional 60/40 portfolio, according to its 2025 Long-Term Capital Market Assumptions report. The ...

When metro areas are ranked by the prevalence of $1 million paychecks, Florida locales climb higher. On that measure, the Cape Coral-Fort Myers-Naples region takes the No. 2 spot after San Francisco, ...