When most couples split up, sleep in separate bedrooms or spend time apart and then decide to get back together, they might go to couple’s counseling or air their grievances in a backstreet coffee shop as a last-ditch effort to repair a once fruitful and happy relationship.  Successful conscious re-couplings…

Inflation in the U.S. has slowed from a 40-year peak of 9% last year, but prices are still rising rapidly and putting acute stress on household budgets. Topping the list is rent — the single biggest expense for people who don’t own homes. Putting food on the table, caring for…

© Reuters Investing.com — Stocks turned lower on Monday as investors focus on the Federal Reserve’s next steps. The and were higher for most of the day but turned red heading into the closing bell. Investors have been shifting their bets on whether will raise interest rates next week at…

Investing.com — Fear that the OPEC+ alliance of world oil producers could announce a third production cut in nine months led crude prices to rally again on Friday, significantly paring weekly losses. New York-traded West Texas Intermediate, or , crude settled up $1.64, or 2.3%, at $71.74 per barrel. For…

TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki on Tuesday said he must guide fiscal policy based on common international understanding as global economic and financial situations change greatly. Suzuki told reporters the finance minister’s advisory panel argued on Monday that economic fundamentals that have backed the yen’s credibility are…

(Reuters) – The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal Reserve to alter course with its rate-hiking cycle, CNBC reported on Sunday, citing IMF’s Managing Director Kristalina Georgieva. The lack of a significant slowdown in lending combined with…

Senator Dick Durbin (D-IL) deserves credit for persistence. He successfully introduced new regulations and price controls in the debit card market in 2010, and he’s consistently tried to expand both in the credit card market ever since. The fact that the 2010 Durbin amendment led to the virtual disappearance of…

Perhaps this is really, as Mike Tuchen of Onside said on Forbes in the spring, the year when digital identities start to become mainstream. With announcements from Apple AAPL and Plaid, it seems that some of the components might be coming together in the U.S. right now. Perhaps there is…

Cava Group (CAVA) raised its planned IPO valuation from $1.5 billion to $2.2 billion and is expected to begin trading this Thursday, June 15, 2023. I originally warned investors about the dangers of investing in the Cava IPO on May 25, 2023. It appears most investors did not heed my…

Medicare is always facing a fiscal cliff. It consistently faces higher expenses every year, often worsening its outlook for the future. In the most recent Medicare trustees’ report, a more nuanced — and slightly more optimistic view — is on hand. The near-term view is not positive, but fairer winds…