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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.
The Qs
August 17, 2023 | Surely, one of the world’s biggest investment funds prints money for the firm that owns it, right? Surprisingly, no.
Peak Coffee
August 16, 2023 | Roughly 3 billion cups of coffee are drunk each day. Consumption has almost doubled over the past 30 years. At that rate, 6 billion cups of coffee could be consumed daily by 2050.
The World’s Factory
August 15, 2023 | You probably knew by looking at your credit card statement: Streaming prices are up nearly 25% over the past year. Thus, The Wall Street Journal has coined the term “streamflation.”
Economic Losers
August 14, 2023 | The rich keep getting richer.
Giving Spree
June 28, 2024 | Warren Buffett, who turns 94 in August, has made his largest annual charitable donation to date. Read on for a preview of Warren Buffett’s will.
Cash Trap
June 26, 2024 | Even as the stock market has soared through the first six months of 2024, some Americans aren’t in any hurry to move their cash. Some investors have 25% or even 50% of their assets in Treasury bills and money-market funds, per The Wall Street Journal.
Real Estate Retirees
June 24, 2024 | With 401(k) balances as high as they’ve ever been, some investors are turning to something else: real estate.
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