As American shoppers have become more price-conscious – more than a quarter (27%) have hit a pricing limit, according to Empower research – some are turning to less-expensive duplicate versions of premium products, known as “dupes.”

While there’s still ambiguity about whether the economy is contracting or expanding, ten-year treasury yields edged back above 4.2% this week.

There was almost no hint of a spending slowdown in Thursday's retail sales report, though spending for things that people “want” is arguably growing far more slowly than things they “need”. 

This week’s economic release had lots of potential splash but not enough substance to move the needle. Prices at the consumer level rose 0.2% last month, a little hotter than expected.

After months of seemingly endless speculation, in late September the Fed finally delivered its first rate cut since the early days of the pandemic.

The economy is rife with inflection points, from labor markets to oil and artificial intelligence to services and manufacturing. 

Making smart, confident investing decisions means having a plan — not just in the coming days but for the long term.

Markets are now comfortable pricing in as much as 0.75% or 1.00% of rate cuts from now to Christmas, more aggressive than the most recent dot-plot by the Fed.

What comes first, the fame or the fortune? Many celebrities have rolled their fame into thriving businesses. 

Last week, markets took the Fed’s super-sized cut mostly in stride, leaving stocks modestly higher (and, unsurprisingly, short-term rates sharply lower).

Tracking your net worth is a common way to gauge your financial health. Here's a look at the average net worth by state.

Last week’s inflation numbers did little to change the conclusion that price growth has finally been (mostly) brought under control by the Fed’s aggressive tightening.