Nov 21, 2023 | Markets
The end of the property boom is diminishing homeownership as a path to wealth and deepening economic divides. The shock that rippled through global housing markets as central banks rapidly raised interest rates last year has given way to a cold new reality: The real...
Sep 28, 2023 | Markets
Apparel, retail stocks lag market with borrowing costs rising Investors focus on back-to-school demand, annual outlook Nike Inc. is set to offer a crucial look at the financial health of American households as Wall Street frets over a growing list of headwinds to...
Sep 19, 2023 | Markets
Debt up a ‘staggering’ $100 trillion in past decade, IIF says Liabilities as a share of global GDP fell as inflation surged Global debt climbed by $10 trillion in the first half of 2023, resuming its upward march as a share of the world economy after falling for close...
Aug 30, 2016 | Markets
In the usually bleak debate over the economic health of average Americans and the utility of the finance industry, here’s a happy statistic: A private-sector wealth-transfer machine has saved average investors $1 trillion. That machine is Vanguard, and its model is...