PODCAST: High Mortgage Rates? High Prices? Some Home Buyers Say ‘No Problem.’
Mortgage rates topped 7% for the first time in 20 years this week, and home prices remain near the high levels they hit last year....
Author : Nelli Avetisyan
The Case for Structural Financial Deglobalization
The strengthening US dollar and rising borrowing costs have left developing and emerging-market countries between a rock and a hard place. To insulate their economies...
The Fed may have to blow up the economy to get inflation under control – CNN
The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its fourth straight supersized...
Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality – The New York Times
Last year, a start-up called Party Round announced itself with a flurry of memes. For months, amateur investors had been going gangbusters, buying up stocks, cryptocurrencies...
Facebook became Meta one year ago. Its metaverse dream feels as far away as ever – CNN
Even by Facebook’s standards, 2021 was a rough year. A series of damning reports based on leaks from a whistleblower raised uncomfortable questions about Facebook’s...
Cash-Rich Consumers Could Mean Higher Interest Rates for Longer – WSJ
Washington’s response to the pandemic left household and business finances in unusually strong shape, with higher savings buffers and lower interest expenses. It could also...
How to escape scientific stagnation – The Economist
In 2008 ben jones of Northwestern University formalised a simple yet powerful observation. The more knowledge humans have, the longer it takes a budding researcher...
The problem with social media is that it is not a real place
For all the cat videos, funny memes and genuine insights the internet has to offer, it can sometimes — social media, in particular — be...
U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows – WSJ
The U.S. economy grew in the third quarter but showed signs of a broad slowdown as consumer and business spending faltered under high inflation and...
France, Spain Slow as Europe Frets Over Recession: GDP Update – Bloomberg
The French and Spanish economies slowed but remained resilient in the face of fears that Europe is on the verge of a recession sparked by...