JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second half of 2026. The […]

China’s Zhipu AI says its newest model can find software security bugs as well as Anthropic’s most tightly restricted system. The claim landed this week with no benchmark paper behind it, just a viral post. That hasn’t stopped it from rattling a market already nervous about what’s propping up American AI valuations. The system Zhipu

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Small, awkward areas in your home may seem inconvenient at first, but there’s actually a lot of potential there. It may not be the best place

While travel brings so many people joy, those who do it frequently know that the rush of booking a trip to a new destination is often tempered by the price of the hotel. Accommodation accounts for up to 40% of the trip cost for the average traveler, Hotel News Resource indicates. In fact, creeping increases

A new analysis of retirement savings trends from Fidelity Investments reveals a surprising generational shift toward Roth accounts, alongside record-high individual savings rates. Younger workers are increasingly driving growth in after-tax retirement vehicles, heavily leading a significant surge in Individual Retirement Account (IRA) adoption, Fidelity’s Q1 2026 Retirement Analysis found. The report includes findings on

Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at $221.01 last week in when-issued trading, according to Yahoo Finance. The

The Bank for International Settlements published its Annual Economic Report on June 28, warning that the AI boom is becoming a source of financial instability. That alone is not surprising. What is surprising is the specific mechanism the BIS is worried about: not whether AI pays off, but who will take on the debt if

Many potential homebuyers are discouraged as mortgage rates remain in the 6.5% range, and inflation data doesn’t indicate much relief for rates in the near future. However, in my years of reporting on the real estate market, I’ve seen how multiple factors impact home affordability — not just mortgage rates. We should also consider demand,

It’s been a while since consumers across America started cutting back on discretionary spending to cope with rising inflation. A March YouGov report reveals that a financial outlook strongly shapes intentions to reduce spending. For example, it explains that consumers who expect their financial situation to worsen are more likely to cut back on clothing

The Supreme Court reinforced the Federal Reserve’s independence from interference from the White House in a historic 5-4 ruling that protects Fed governors from being fired by the president “for cause” without proof of wrongdoing. Ironically, the Fed protection came the same day as the high court in a separate ruling expanded President Donald Trump’s