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...

Allied Market Research published a report, titled, "Influencer Marketing Market by Component (Solution and Services), Enterprise Size (Large Enterprise and Small and Medium-sized Enterprises (SMEs)),  Application (Campaign Management, Influencer Relationship...

Source: Banking System Vulnerability: 2023 Update, by New York Federal Reserve BankThe bank failures that occurred in March 2023 highlighted how unrealized losses on securities can make banks vulnerable to a sudden loss of funding. This risk, which materialized...

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...

A perennial challenge with China’s growth model has been overly high investment spending relative to GDP and unusually low consumer spending, something which China has long struggled to rebalance. As China attempts to move away from credit-intensive,...

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...

Inflation has been a stressful reality for many Americans recently, having a marked impact on consumer budgets. But with inflation rates finally slowing, and the threat of a recession in the news, deflation is also a phenomenon many should prepare for. Deflation, or a...

Michael Smolyansky, a senior Fed economist, claims corporate profit growth will slow appreciably. His case rests on corporate tax rates and interest rates. Access to his white paper, The coming long-run slowdown in corporate profit growth and stock returns, can be...

This Monday marked a new high—or arguably low—in demonstrating the power of artificial intelligence (AI). A picture depicting a fabricated explosion at the Pentagon, quickly flagged as being AI generated, spread like wildfire across social media. It also appears to...

As federal spending continues to rise, accumulated federal debt will soon reach all-time highs relative to the size of the economy. Federal debt held by the public will hit 107 percent of gross domestic product (GDP) in 2028, surpassing the previous peak after World...

Google shares jumped Thursday, a day after the company announced its latest artificial intelligence model called Gemini. Google executives said Gemini outperforms OpenAI’s GPT-3.5, but the company did not share how it compares with OpenAI’s latest model, GPT-4....

In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favor of personal wealth. "They took their money and ran," he wrote. In fact, there wasn’t much money to take. Today, with the stock market in...

Over the past two decades, the corporate profits of stock market listed firms have been substantially boosted by declining interest rate expenses and lower corporate tax rates. This note's key finding is that the reduction in interest and tax expenses is responsible...

US-based sports retailer, Nike, reported a $790 million quarterly loss and revenue $1 billion below initial Wall Street forecasts. Despite the poor quarterly results, Nike reported a 75% increase in digital sales. The results drove Nike’s management to change...