Parallels in price action and voters' concerns. Donald Trump has predicted that today will be "Brexit times 10" for the U.S. If it is, financial markets are about to go haywire. Luke Kawa | Bloomberg
...Presidential election? What presidential election? For the last three months, Down Ticket has been obsessing over every race that isn’t Donald Trump vs. Hillary Clinton — and we’re not about to stop now. As you may have heard, it’s Election...
A new paper lays out the dangers of one-size-fits-all savings advice. What assumptions are you making? If you're relying blindly on hallowed personal finance averages—planning for 40 years of work, saving 15 percent of salary—you could be in for a...
If you buy health insurance on a state or federal marketplace, the arrival of fall means it’s almost time to pick a health plan. The Affordable Care Act, also called Obamacare, requires most Americans to buy health insurance. This year’s open...
The number of Americans seeking unemployment benefits stayed at a 43-year low last week in the latest sign that layoffs are scarce. THE NUMBERS: Weekly applications for unemployment benefits were unchanged at a seasonally adjusted 246,000, the Labor Department said...
Parents often have no idea which assets hurt their financial aid chances and which do not. This is an especially relevant question because parents are now filing for financial aid for the 2017–2018 school year. Here’s a quick rundown of...
Low level of jobless-benefit claims reflects factors including pullback in state aid The fewest Americans in 42 years are filing applications for unemployment insurance, which on the surface looks like a sign of a historically hot U.S. labor market. The real picture is more...
THE collapse in the value of the pound—down by nearly 20% against the dollar since the Brexit vote—will result in rising inflation as the cost of imported goods goes up. Figures released on October 18th show that inflation in September...
It’s Off to Neverland We are now almost a year into the rate hike started by the Fed last December and rates, surprisingly, have dropped. The 10-year Treasury was at roughly 2.24% and now sits at 1.55% and mortgage rates...
China is edging towards "financial calamity" and must wean itself off its debt addiction and reform if it is to avoid a crisis, the International Monetary Fund has warned. Markus Rodlauer, deputy director of the IMF's Asia-Pacific department, said the world's...
Unity Bank and Skye Bank close to being insolvent, Arqaam says Seven Nigerian banks may be under-capitalized and in deficit Nigeria’s banking industry is experiencing a “full-blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch,...
Wall Street stock index futures were little changed throughout Sunday's highly contentious presidential debate, indicating that markets continue to view that Democrat Hillary Clinton holds an edge in the Nov. 8 election against her Republican rival, Donald Trump. The 90-minute...
The destination was decided in June, by simple majority: Britain is leaving the European Union. The journey, however, will be complex and perilous, beset by wrong turnings, chicanes and elephant traps. With 64m Britons in the back seat, perhaps that...
I have been talking about slow global economic growth since I've been writing for MarketWatch — nearly five years now. In May 2015, when I expanded my thoughts a bit and wrote "Global Growth Will Never Be the Same,” there...
Theresa May had to say something about Brexit at her first Conservative Party conference as party leader and prime minister. She could not just repeat her tedious mantra that “Brexit means Brexit”. So on October 2nd she came up with...
