Money

Last week’s movements in stock markets were a wake-up call for investors of all stripes. Only days after reaching record highs the Dow Jones plummeted once again, dropping nearly 1,400…

The average interest rate on a 30-year mortgage rose above 5% this week for the first time since 2011. And while that’s still a relatively low rate historically speaking, the…

The Dow Jones on Wednesday suffered its third-largest one-day point drop ever, ending the day down more than 830 points. That was a major wake-up call for those who thought…

With the onset of tariffs pushed by the Trump administration, their effect on world trade has been profound. And while the effects on the US economy have been pronounced, affecting…

Political division is higher than ever nowadays. Left-wingers and right-wingers hate each other to no end and they both believe that the opposing side is what is standing in the…

It used to be that everyone had the same vision of the American Dream. Everyone wanted a good, well-paying job for life, a nice house in the suburbs with a…

It is commonly understood that government regulations are good because they protect workers and consumers and they keep greedy businessmen in check. But that’s actually not the case. Regulations almost…

After the unraveling of the previous housing bubble during the 2008 financial crisis, many people drew the natural lesson that loaning money to people who were poor credit risks was…

Nearly every country on earth backs its paper currency with US dollars. Now you may wonder, why would anyone do that? Or why does that even matter? Here’s why. “Why…

Fed up with what it sees as US bullying in the world financial system, the European Union plans to develop new payment systems to allow the EU to divorce itself…