KEY POINTS Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. The consumer price index, which measures costs across a broad array of goods and services,… Read More »August core inflation, excluding food and energy, rose 0.3%, hotter than expected
FASB voted Wednesday to issue a cryptoassets standard that will require entities to report on fungible crypto holdings using the fair value measurement standard. After reviewing shareholder feedback received on the exposure draft of Accounting for and disclosure of crypto assets during Wednesday’s… Read More »FASB approves cryptoassets standard
The Federal Reserve’s 5.25 percentage points of interest-rate increases over the past 18 months may be enough to bring inflation down to the US central bank’s 2% target and avoid a recession, according to an analysis from two Chicago Fed… Read More »One Fed Model Suggests Central Bank Has Already Beaten Inflation
The US economy has been looking so solid lately that Federal Reserve officials will probably need to double their projection for growth in 2023 when they publish an updated outlook later this month. Following a string of stronger-than-expected reports on… Read More »Fed Set to Double Its Economic Growth Forecast After Strong US Data
Many of us are walking around much of the time in a mild state of anxiety, frustration, or negativity, and it colors almost everything we think and do. Our thought-streams are heavy with negative self-talk, worrying, rumination, and harsh self-judgment from our… Read More »The Power of Reframing to Change Our Outlook
With each cohort that graduates from Y Combinator, the same debate emerges: How can such early-stage startups justify such high valuations? According to YC President Garry Tan, 75% of the current summer cohort is pre-revenue and 81% are looking at raising their first external… Read More »Are YC Valuations Really Too High?
For expert advice on identity theft risks, Kiplinger interviewed Raj Ananthanpillai, founder and CEO of Trua, an identity verification and screening company. He has over 30 years of experience as a tech entrepreneur, and one of his companies helped develop TSA-Precheck for… Read More »Expert Tips To Avoid Identity Theft
US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase & Co. “There is complacency in sentiment evident, VIX is near record low and positioning has increased” to above-average levels, a team led by Mislav Matejka… Read More »US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn
Persistently higher interest rates in major economies mean global growth is likely to slow next year after outperforming expectations so far in 2023, economists say. Output will expand 2.1 per cent in 2024, according to an aggregation of forecasts by… Read More »Economists grow gloomier on 2024 as central banks delay rate cuts
A new docuseries debuts today (Aug. 30) on Netflix that examines the formula for longevity. Live to 100: Secrets of the Blue Zones features the work of bestselling author Dan Buettner, a man who has traveled across the globe investigating the diets… Read More »Financial Planning in an Age of Increasing Longevity