The U.S. budget deficit just hit almost $2 trillion — and Washington isn’t doing much about it
The deficit figure is the largest since 2021 and amounts to an estimated 6.2% of U.S. gross domestic product. Source:MarketWatch
The COLA wars are coming for Social Security
The annual costofliving adjustment may soon be capped, curtailed, meanstested or scrapped altogether under various proposals being actively considered…
What to expect at the next Fed meeting now that rate-hike odds are rising
Market participants and economists are split on the question of whether or not the Federal Reserve will raise interest rates by another quarterpoint in two…
Chip bellwether ASML says customers are already asking to place orders — for 2030
The Dutch supplier for the semiconductor industry said there is strong interest in placing orders for 2029 and 2030. Source:MarketWatch
What to expect from Europe’s most valuable company before it kicks off tech earnings
ASML will report its thirdquarter financial earnings before the opening bell in Amsterdam, Netherlands on Wednesday. Source:MarketWatch
We’re about to get a huge read on whether earnings can keep propping up the stock market
High hopes for thirdquarter earnings are outweighing concerns around interest rates and oil prices — but one expert warns markets have gotten “extremely…
Trump ramps up battle to fire Fed’s Lisa Cook. Her lawyers say there’s no basis to remove her.
Trump wants the committee to report on whether there are grounds for Cook’s removal from office. She hasn’t been charged with a crime. Source:MarketWatch
Florida is voting on whether to slash property taxes. Here’s who it would benefit — and hurt.
Amendment 3’s passage could add momentum to other states’ efforts to slash property taxes Source:MarketWatch
Samsung just did something no tech company has ever done, and investors still aren’t satisfied
Since the stock peaked in June, Samsung shareholders have been unimpressed with record profits and shareholder return programs. Source:MarketWatch
These decisions you make in your 20s — not your income — determine whether you’ll spend decades in debt or retire comfortably
Don’t just focus on stock picks when you’re thinking of building retirement wealth Source:MarketWatch
America’s renters are emerging as a political movement
Housing policy has long prioritized homeownership. As young Americans face the prospect of renting indefinitely, more tenants are seeking political clout.…
After I sold TOMS Shoes for $400 million I was misdiagnosed with bipolar disorder — and it almost cost me everything
Most people land in a psychiatrist’s office because something happened: a loss, a breakup, the end of a career. Source:MarketWatch