Dow tumbles as inflation reading triggers market shock waves: What investors need to know:

From Wall Street to Main Street, fears that the US economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all week. The Associated Press called it “the dreaded ‘S’ word.” The Wall Street Journal reminded readers of the neologism’s origins as a catchy way to … Read more

Americans have not felt this gloomy about their finances since the Great Recession: ‘I walk every day just to get out of my head and try to stay healthy. Otherwise, it’s just nonstop worrying ‘

The Human Cost is a new MarketWatch column looking at the toll world events have taken on people’s lives. Colleen Champagne, 65, a Dallas-based retiree, says she can’t bring herself to discover how her retirement accounts have performed lately. “I can not even look at my portfolio,” she told MarketWatch. “I have a pension from … Read more

Is A Recession Coming In The US? Here’s What Experts Say.

Americans are growing increasingly concerned about the possibility of a recession. Earlier this month, the Federal Reserve began raising interest rates to slow inflation pressures. During the first quarter of 2022, while consumers and businesses kept spending, US gross domestic product fell by 1.5%, the first drop since the second quarter of 2020, according to … Read more

Is A Recession Coming In The US? Here’s What Experts Say.

Americans are growing increasingly concerned about the possibility of a recession. Earlier this month, the Federal Reserve began raising interest rates to slow inflation pressures. During the first quarter of 2022, while consumers and businesses kept spending, US gross domestic product fell by 1.5%, the first drop since the second quarter of 2020, according to … Read more

Some economists say a recession is inevitable. Should you pay off your mortgage now? Consider these factors first.

An economic downturn appears to be in the cards. And that could put some homeowners in a tight spot. Fears of a recession were stoked last week when data showed that the US economy shrank in the first quarter at a 1.4% annualized rate. Roger Ferguson, who previously served as a Federal Reserve governor, said … Read more

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note:

Rampant inflation is helping reduce the weight of the world public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries — including Greece, Portugal and the UK — are on track to erase the additional debt raised to combat … Read more

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note:

Rampant inflation is helping reduce the weight of the world public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries — including Greece, Portugal and the UK — are on track to erase the additional debt raised to combat … Read more