Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in the economy and indicated that interest rates could be too restrictive now.Asked whether weakening in the labor market and manufacturing sector could prompt a response from the Fed, Goolsbee did…

We’re making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. Shortly after the opening bell, we are exiting our position in Ford , selling all of our 5,550 shares at roughly $9.48. We are also exiting our position in Wynn Resorts…

CrowdStrike fired back at Delta after the airline’s CEO lashed out at the cybersecurity firm for computer problems that he said cost Delta $500 million. CrowdStrike claimed Delta would have to explain its own IT shortcomings in any litigation, and that it ignored CrowdStrike’s offers of assistance. In a letter…

What a difference a day makes! After a two-week correction of nearly 5%, the S&P 500 (SPX) spent the first part of last week rallying in anticipation of a friendly Fed meeting. That Fed meeting Wednesday produced the expected, namely that a rate cut in September was likely. That pushed…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bangladesh’s Prime Minister Sheikh Hasina has resigned, a senior military official has said, after thousands of protesters descended on the capital demanding her ousting in a dramatic culmination of weeks of demonstrations.Bangladesh…

If Donald Trump is elected, he’ll take office next year having learned the lessons of four years of legal battles in his first term, during which inexperienced personnel, slapdash policymaking and his own indifference to how the federal government worked made his agenda especially vulnerable to legal challenges. The 2024…

Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all that appealing. I’d observed grandparents, great aunts and uncles, and aged family friends face a seemingly hyperbolic hill of discomfort, disease, and,…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

Earlier this year, Sam Dogen quit his job.For most people, that wouldn’t be much of a story, but for the millionaire founder of Financial Samurai, a couple of details stand out.For one, it was his first gig since 2012.Dogen, 47, has lived as a retired, stay-at-home dad since 2012, boosting…

Dailey Jogan was pleased to learn she would get $15 an hour and a handful of perks as the head swim coach for a metro Detroit team. Her older brother’s reaction looked more like surprise.At 18 years old, Jogan has spent the summer organizing meets as staff leader of the…