Economy

Trump’s housing market plan contains a fatal flaw and multiple obstacles, Morgan Stanley says

“Affordability in U.S. housing is a tricky issue that lacks a silver bullet,” the bank said. Trump’s actions are only “modestly helpful” for affordability.

Economy

Trump’s housing market plan contains a fatal flaw and multiple obstacles, Morgan Stanley says

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South Korea’s trade deal with Trump could sink its currency and trigger a financial crisis

Electronic Arts to go private in record $55 billion buyout, the largest in private equity history

U.S. gold reserves hit $1 trillion in value after record rally

Millions of workers are left out of the ‘low-hire, low-fire’ U.S. job market

Goldman Sachs says this ‘Goldilocks’ stock market could be in for a shock before the end of the year

Wall Street sees no ‘material drawback’ in stocks thanks to consumers, says Fed’s Hammack—problem is, shoppers are increasingly shaky

A government shutdown would delay the jobs report at a critical time as the Fed weighs more rate cuts amid mixed economic signals

South Korea unable to pay $350 billion in cash under trade pact

Everyone’s wondering if, and when, the AI bubble will pop. Here’s what went down 25 years ago that ultimately burst the dot-com boom

Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3

Farmer warns ‘this is a five-alarm fire’ as time is running out ahead of harvest, and there’s still no China deal

Your boomer parents are probably living in a house too big for them. They’re frozen in place because of taxes, top economists say

All bark, no bite: Trump’s latest trade war turns into another TACO salad for Wall Street

Wall Street snaps 3-day losing streak on moderate inflation report

Trump’s tariffs are bringing in serious revenue—and it’d be even higher if not for tariff dodgers costing the government $40 billion a year, Goldman Sachs says

Costco CFO promises the hot dog and drink combo will never cost more than $1.50

Trump’s overnight demand for 100% tariffs on pharmaceuticals will be ‘a meaningful commercial hit for U.S. consumers,’ top analyst says

The Fed’s once oh-so-certain cuts for the rest of 2025 are already fading into oblivion

S&P 500 has longest losing streak for over a month as Wall Street stumbles to third straight loss

With rural America starting to see huge financial losses from tariff policies, Trump offers vague aid package to farmers in the heartland

The August home sales mystery: Top analyst says ‘implausible’ housing market data ‘defies credulity’

Gen Z is so frugal they’re doctoring ‘heavy sodas’ at gas station fountains throughout the country to make one drink last all day

‘The frustration is overwhelming’: Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza

Scott Bessent tells NYC to ‘drop dead’ while he arranges a $20B swap line for Argentina’s chain-saw-wielding, dog-cloning president

Walmart is going head-to-head with Amazon and Target on fall sales. They could have the upper hand because no membership is required to shop

‘The most distrusted’ bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

If you can’t work out why you’re struggling when the economy is doing OK, it’s because you’re on the losing side

Bessent halts Argentina crisis as U.S. lifeline upends short bets

Jerome Powell just rattled markets by calling stocks ‘highly valued.’ BofA finds 19 of 20 key metrics in the S&P 500 are ‘statistically expensive’

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