The lag effects of monetary policy are hard – by definition – to put in the rearview mirror, and as the Federal Reserve has raised interest rates at an aggressive pace to fight inflation those moves have remained core to fears about the eventual effect on the economy and stocks, …

Zoran Zeremski | Istock | Getty Images Retirees who rely on Medicare for health-care coverage may see those benefits diminish in as soon as eight years. “It’s life and death for millions of older Americans,” Sen. Sheldon Whitehouse, D-R.I., said last week during a Senate budget committee hearing titled “Medicare …

With inflation once again on the rise, stubbornly high prices continue to impact Americans across the country. But some metropolitan areas are seeing steeper inflation rates than others. The Miami-Fort Lauderdale-West Palm Beach metro area topped WalletHub’s recent list of cities most impacted by inflation, with a 7.8% increase in …

All resumes should include the following: Language mirroring the job description you’re applying to as relevant to your own experience. Numerical proof of your accomplishments, such as a 30% increase in revenue. And zero grammatical and spelling errors. But if you ask consulting firm Deloitte’s chief innovation officer, Deborah Golden, …

House Speaker Kevin McCarthy on Tuesday lashed out at Rep. Matt Gaetz, saying the fellow Republican lawmaker has “personal things in his life that he has challenges with.” McCarthy threw that jab on CNBC’s “Squawk Box” one day after Gaetz moved to oust him as the leader of the House. …

The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007. As of 8 a.m., the note rose more than 64 basis points to hit 4.727% as investors considered the state of the economy …

Bernard Looney gestures as he addresses the gathering on the second day of the three-day B20 Summit in New Delhi on August 26, 2023. Arun Sankar | Afp | Getty Images Former BP CEO Bob Dudley on Tuesday said that Bernard Looney’s abrupt resignation last month came as a shock …

Visitors walk across the U.S. Supreme Court plaza on the first day of the court’s new session on Oct. 2, 2023. Bill Clark | Cq-roll Call, Inc. | Getty Images The Supreme Court is set to hear oral arguments Tuesday in a case with the potential to gut the Consumer …

A year ago, Sam Bankman-Fried was revered as a titan of the industry and living large at a $40 million penthouse in the Bahamas, while he ran a crypto empire valued at $32 billion. On Tuesday morning in a Manhattan federal court in New York, the now disgraced founder and …

A woman looks at a board showing the rates of dollars and euros against the ruble in front of the exchange office on February 19, 2023, in Moscow, Russia. Russia’s economy is beginning to feel the weight of Western sanctions, following the start of the war against Ukraine.  Contributor | …