High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more
New York City bonds have suddenly become a hot topic on Wall Street — and you can thank socialist mayor Zohran Mamdani for this surprising development. This past week, the Big Apple went to investors to sell billions of dollars in municipal bonds. When Mamdani made his best example of Fidel Castro, the city sold … Read more
The S&P 500 may soon join other US benchmarks in a correction as the Iran war continues into its fifth week. Stocks are falling fast, and each of the major averages is on pace to post a monthly loss as hopes for a quick resolution to the Middle East conflict give way to fear. This … Read more