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5 things to know before the stock market opens Wednesday

Stocks are off to a lackluster start for August.Fitch Ratings downgrades the U.S.'s credit rating.Former President Donald Trump has been indicted for a...

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don't count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner.Kroszner, who's now a University of Chicago economics professor,...

Are U.S. seniors among the developed world’s poorest? It depends on your point of view

Peopleimages | E+ | Getty ImagesIs old-age income poverty too high?Consider this thought exercise: What is a tolerable poverty rate among American seniors?By...

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate.In July 2023, the federal funds...

Private equity giant KKR’s antidote to worker discontent — employee stock ownership programs

(Click here to subscribe to the Delivering Alpha newsletter.)The job market may be strong, but the invisible strings that connect workers to their jobs are...

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