The Trigger Clause More Couples Want in Their Prenups
Stay-at-home parents face a nightmare scenario in divorce. More are trying to avoid it. Source link
Finance
The economy has added jobs for four straight months, and the unemployment rate has drifted down to 4.2%, yet nearly two million Americans have been locked out of the job market for at least half a year
The share of job seekers out of work for six months or longer is hovering near highest level in five
In charts: See how economists in the latest WSJ survey see growth, inflation and Fed independence
Here is how economists in the latest Wall Street Journal survey see growth, inflation and Federal Reserve independence. Source link
China’s economic growth cooled more than expected in the second quarter of the year despite robust exports, as local governments and households pulled back spending
Official data showed gross domestic product in the world’s second-largest economy expanded 4.3% from a year ago in the April-June
Spending on new factories, warehouses and other industrial sites has been damped by rising costs
Spending on new factories, warehouses and other industrial sites has been damped by rising costs. Source link
Americans got a break on inflation in June, with better deals at the gas station and cooler price increases across much of the economy
This was lower than the 3.8% expected by analysts polled by The Wall Street Journal. Source link
Chairman Kevin Warsh will pledge to lawmakers on Tuesday that the Fed will bring inflation down, saying members of its rate-setting committee “have no tolerance for persistently elevated inflation”
The new chairman bound the Fed to a goal without hinting at interest-rate path, two weeks before a meeting where
Americans got a break on inflation in June, with better deals at the gas station and cooler price increases across much of the economy
This was lower than the 3.8% expected by analysts polled by The Wall Street Journal. Source link
Nearly a Million People Have Left the SAVE Student-Loan Program. Here’s Where They Went.
About 20% of borrowers moved into two older repayment plans that will also be phased out by 2028. Source link
South Korea Raises 2026 Growth, Inflation Forecasts
Growth in Asia’s fourth-largest economy is accelerating, driven by the continued semiconductor boom and policy measures. Source link