Money Market Income

September 26, 2024

Income generated from money markets surged to more than $27 billion in August, a record on an inflation-adjusted basis going back to 1990.

Food Wage Inflation

September 25, 2024

The gap between food-price and wage inflation between the end of 2019 and the second quarter of this year was roughly four percentage points.

CRE Foreclosures

September 23, 2024

The value of commercial real-estate loans in foreclosure nearly tripled between January and August this year to reach $19.2 billion.

Private Credit

September 20, 2024

Apollo Global Management Inc. clinched $5 billion in fresh firepower from BNP Paribas SA as it looks to grow its private lending business.

Fed Concensus

September 19, 2024

Powell has prioritized consensus building, reflected in a string of 17 meetings with no dissenting votes. That came to an end on Wednesday as some of Powell’s colleagues had implied they were more comfortable leading off with a smaller cut.

Return To Office

September 18, 2024

Only 7% of large tech companies require employees to be in the office five days a week, compared with 33% for all U.S. companies.

Wealthy Renters

September 17, 2024

Between 2018 and 2022, the share of households with annual incomes of more than $750,000 that rented rose to 10.5%, the highest level since the survey began in the mid-2000s. It was 8.4% in the previous five-year period.

Rate Cut Odds

September 16, 2024

On Monday, derivatives markets showed investors saw a 65% chance of a half-point cut. That’s up from 50-50 odds on Friday.

Corporate AMT

September 12, 2024

The Treasury Department released 603 pages of proposed rules for the corporate alternative minimum tax, or CAMT, an exceptionally complex endeavor for regulators and corporate tax executives. The proposal comes more than two years after Congress passed the law creating the tax and more than 20 months after it took effect.

Manufacturing Multiplier

September 11, 2024

American and overseas companies have committed nearly half a trillion dollars to build new factories for electric vehicles, semiconductors and other products in the U.S. Investors are planning to acquire or build warehouses, hotels, office buildings and apartments near coming factories across the Sunbelt and Rust Belt, where most of these so-called onshoring projects are under way, wagering that as new manufacturing hubs come online and create jobs they will produce a “multiplier effect,” with growing employment increasing demand for homes, shopping and more.