It’s a Depressing Time to Care About Free MarketsFree-market-oriented economists probably live in a state of perpetual despair these days. Politicians and voters on both the left and right are turning on markets. Polls suggest widespread support for interventionist policies that economists long discarded for causing more harm than good.
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist SaysThe head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis.
US Mortgage Rates Rise for Seventh Straight Week, Climbing to 7.4%US mortgage rates increased for seven straight weeks for the first time in three years, adding pressure to an already weak housing market.
Jackpot Dreams Hook a Third of Britons on Premium BondsWhen Raj Gadhvi sees the subject line “You’ve just won!” he dreams, if only for a fleeting moment, that he’s a millionaire.
Australia Regulator Puts Stop Order on More Private Credit FundsAustralia’s corporate regulator has temporarily banned three more private credit products from being offered to investors, its latest move in a broader drive to address risks in unlisted markets.
Trump Heralds 70 Million Trump Accounts After Auto EnrollmentsPresident Donald Trump hailed an effort to automatically enroll every eligible American child in his Trump Accounts, showcasing the investment vehicles as he seeks to boost support for his economic agenda ahead of the midterm elections.