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Inflation’s Too High

August 25, 2023 | The reality is that although higher interest rates continue to slow the rate of price increases, they won’t bring prices back down. The promise of cooling inflation doesn’t mean a return to pre-pandemic prices.

Knockout Earnings

August 24, 2023 | Chipmaker Nvidia crushed earnings again, signaling that we might only be in the early stages of an artificial intelligence boom.

Taxes of the Caribbean

August 23, 2023 | Yes, the Caribbean is an ideal vacation destination flex on Instagram, but it’s also a great place to dodge taxes and launder money. At least, it has been historically.

Exorbitant Privilege

August 22, 2023 | Goodbye dollar, my old friend: Every few years, markets are consumed by talk about the dollar’s demise as the go-to currency for international banking and trade. Expect that chatter to crescendo heading into this year’s “BRICS” summit — an acronym for Brazil, Russia, India, China, and South Africa — which starts today and runs through Thursday.

Follow The Money

August 21, 2023 | We’ve seen the stories: A mass exodus from New York and California to places like Miami, Nashville, and Dallas. Now, there’s hard data to prove the extent of the moves, particularly in the finance industry.

Six Pack

August 20, 2023 | America’s best-selling beer? A Mexican lager that dethroned Bud Light, which held the No. 1 spot for about 20 years.

Burgernomics

August 19, 2023 | Even if you're not in the U.S., chances are you've already memorized McDonald’s famous jingle, "Ba Da Ba Ba Bah, I'm loving it!” or seen its famous golden arches.

Digital Distinction

August 18, 2023 | The pandemic and inflation have made shoppers thriftier, but the nation’s biggest retailers are responding very differently. “Tarjay” appeals to a higher-end demographic than Walmart, which explains why its throw pillow-to-square-foot ratio is so high at its stores.