The Market

Few would dispute that the Federal Reserve’s enormous doses of monetary medicine this year were necessary to alleviate the worst economic impacts of the coronavirus pandemic. But every treatment comes with risks and side effects, and the aggressive intervention by the U.S. central bank added significantly to the ranks of …

Dr. Anthony Fauci has some advice for New York Gov. Andrew Cuomo, and the four other states that have vowed to independently review the efficacy and safety of a vaccine before making it available to their residents. “Trust the process because it is a sound process,” he said. Fauci, the …

In 2014, three months into her four-year tenure leading the Federal Reserve, Janet Yellen was trying to draw an important link for investors, policy makers and community development leaders. “Although we work through financial markets, our goal is to help Main Street, not Wall Street. By keeping interest rates low, …

The election of Joe Biden as president has increased confidence among Democrats, but not enough to counter growing worries about the record spike in coronavirus cases. alex edelman/Agence France-Presse/Getty Images The numbers: Consumer confidence fell in November to a three-month low after a record wave of coronavirus cases spurred some …

Dear Moneyist, In 2012, my daughter and her husband (at the time) wanted to start a business. She asked for a loan of $ 20,000 to start the business, but I decided to make that part of her inheritance. So I gave them $ 20,000. Now they are divorced, and …

Economists and other analysts were sounding off Monday following news that President-elect Joe Biden has selected former Federal Reserve Chairwoman Janet Yellen to lead the Treasury Department. Biden plans to nominate Yellen, said a Wall Street Journal article citing unnamed sources, and other news outlets also reported that she was …

Agence France-Presse/Getty Images As high-school seniors finalize their college applications, parents are sweating over the dreaded Free Application for Federal Financial Aid (FAFSA) form and financial aid applications from the colleges themselves. Unfortunately, many have probably missed their best chance to position themselves for the best financial aid deals. Hey, …

Hard out there for a bear. Getty Images/iStockphoto Bears are an endangered species these days. You might not know it from the depressing headlines, but it’s been a great run for the bulls and an increasingly brutal stretch for those betting against the stock market. At the end of October, …

As the nation’s attention was focused on who would be the next president the day after the Nov. 3 election, Sierra Graves was busy grabbing as many of her and her three children’s belongings as she could. Just 10 minutes later, sheriff’s deputies knocked on her apartment door to evict …