HONG KONG — For months, as a troubled property company called China Evergrande spooked global markets with its financial problems, Beijing sat on the sidelines. Now, the government is taking a more hands-on role. Evergrande, the world’s most indebted property developer, said officials from several state-backed institutions had joined a […]
This fall semester is the beginning of my 25th school year in middle schools, high schools and colleges making financial literacy presentations. Regular readers know that I frequently make, and often refer to, these CARE presentations. In fact, in the school year before the pandemic shutdowns, I made over 250 […]
Corporations are rushing to issue more debt amid the Federal Reserve’s messaging that it may move quicker to tighten the spigot on its easy money policies. Despite the emergence of the Omicron variant, Fed Chairman Jerome Powell and a chorus of other Fed officials recently signaled they were likely to […]
Though job growth didn’t improve as much as economists would’ve liked in November, it’s still hard to make the case for another direct payment. It’s been many months since stimulus checks have hit Americans’ bank accounts, as the last round to go out was approved back in March. And that’s […]
By STAN CHOE and ALEX VEIGA, AP Business Writers A week of volatile swings on Wall Street ended Friday with more losses for stocks, as a mixed batch of U.S. job market data triggered another bout of dizzying trading. The S&P 500 closed 0.8{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} lower after erasing a 0.7{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} gain […]
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getty Despite developing COVID-19 strain stress, inflation woes and the hesitation that many Americans have to ring in yet another new year that doesn’t seem so new, people are planning to spend more this holiday season. A wealth of surveys suggest that consumers are feeling more comfortable shopping in stores […]
