If you listened closely this week, you could hear the champagne corks popping all over lower Manhattan. The big banks just dropped their third-quarter earnings, and to put it mildly, it was a blowout. After a spring frozen by economic uncertainty, the dealmaking machine has

Does the current frenzy around Artificial Intelligence give you a sense of déjà vu? The soaring stock valuations, the breathless promises of a transformed world, the billions being poured into a new technology—for anyone who remembers the late 1990s, the parallels to the dot-com bubble

It’s one of the biggest paradoxes in finance right now. The Federal Reserve is cutting interest rates, causing the yields on cash to shrink, yet investors are stampeding into money market funds like never before. The total hoard has now swelled past a record $7.7

For the better part of a year, the U.S. economy has been a puzzle. Forecasters have consistently called for a slowdown that has stubbornly refused to arrive. Despite sluggish hiring and weakness in key sectors, the headline Gross Domestic Product (GDP) numbers continue to look

For decades, the golden rule of American economics has been simple: the consumer is king. We’ve always believed that our economy runs on the collective power of people buying things. But it seems the king may have just been unseated by a rather unlikely usurper:

Champagne corks are popping … in some circles. The Federal Reserve finally did it — they cut interest rates by a quarter-point.  The move was celebrated, particularly by the White House, which has been publicly advocating for just such a decision for months. One of