The K-shaped economy has left many six-figure earners ‘on thin ice’ as housing costs, lifestyle creep, and the job market put them at risk

In a K-shaped economy defined by a stark divide in household income and spending, there are sure to be winners and losers—but even those considered “rich” are feeling the clinch.…

Wall Street can’t decide whether the job market is showing a ‘rebound’ or declining to ‘stall speed’

S&P 500 futures were flat this morning after the index closed up 0.37% yesterday. The Asian markets were up across the board today, but Europe’s STOXX 600 marginally declined in…

Millennials and Gen Zers are clamoring to break into the housing market. But this real estate expert says ‘not everyone should be an owner’

Millennials and Gen Z are clamoring to break into the housing market—a feat seemingly impossible in an inflationary period with high home prices and mortgage rates. But one real estate…

Trump fires lead official on economic data as tariffs cause market drop

Natalie Sherman Business reporter, in New York Watch: Trump defends firing of Bureau of Labor Statistics head over “wrong” numbers US President Donald Trump has fired the boss of one…

How a mountaintop Chilean winery is harnessing the earth’s energy to disrupt the global wine market

The origin story of Stonevik—the latest introduction from VIK Winery, a pioneering winery neighbored by its sister hotel in central Chile—is rooted some 3,000 feet above sea level, in a…

Private credit has Jamie Dimon worried about the next financial crisis. But the biggest swath of this hot market is less risky than some believe

In mid July, Jamie Dimon cautioned that the explosion in private credit could trigger the next financial crisis. The JPMorgan CEO and America’s most respected banker cited the wild lending…

eToro set to go public on Wednesday in key test for IPO market, trading firm prices $2 above range at $52

The year’s biggest test of the IPO market will occur this week when retail broker eToro Group opens for trading Wednesday. eToro late Tuesday boosted the size of its IPO,…

Southeast Asia’s Muslim market comes of age—and authenticity is in

Southeast Asia is showing signs of a potential consumer boom. Incomes in the region have been on the rise, partly owing to increasing foreign investment as global corporations look to…

Trump didn’t care that the stock market was crashing. Bond yields were the ‘pain point’ that finally got him to pause tariffs

President Trump didn’t seem especially bothered by the epic fall in stock prices following his unveiling of extremely high and far, far loftier than anticipated tariffs in early April. Instead,…

Why lowering the yield on 10-year bonds is more important to Trump than the stock market or interest rates

Donald Trump loved to brag about the stock market at the start of his first stint in the Oval Office. But as share prices tumble amid his on-again, off-again tariff…