Mohamed El-Erian: 'The Fed got itself into a cognitive trap'

The Bank of England announced its biggest rate hike since 1995 on Thursday, following the lead of the Federal Reserve in the U.S., which has been raising rates to respond to skyrocketing...

Americans hiding 'staggering' amounts of cash abroad

Whether dodging taxes or legal peril, wealthy Americans often succeed in concealing assets from the government by hiding their money in offshore bank accounts. Research from the IRS and a group of...

Legendary tech investor: We’re in a ‘generational bear marke…

For the last several months, Americans have nervously anticipated a recession as the market has fallen more than 20% since the beginning of the year. According to one longtime tech investor, the...

GM CEO: Chip shortage expected to ‘last until 2023’

In a wide-ranging conversation with Yahoo Finance Editor-in-Chief Andy Serwer from the Milken Global Conference, GM CEO Mary Barra emphasized the impact of the global chip shortage on supply, but...

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