The Market Now

U.S. Economy







The net worth cul-de-sac: Buy a house and pay down the mortgage is the typical American's investing plan.

Photographer: Chris Rank/ Bloomberg

The net worth cul-de-sac: Buy a house and pay down the mortgage is the typical American's investing plan.

U.S. Wealth Hits a Record, Typical Savings Plan Is Still ‘Buy a House’

U.S. household net worth climbed by $3 trillion to surpass $80 trillion in the latest data. It’s a number so dumbfoundingly big it invites Americans to celebrate just what a rich country we are. It shouldn’t.

Read more »

Barack Obama at Buck's restaurant in Greenville, Mississippi as a candidate in 2008.

Photographer: Emmanuel Dunand/AFP via Getty Images

Barack Obama at Buck's restaurant in Greenville, Mississippi as a candidate in 2008.

Race, the Great Unmentionable

Even when unmentioned, race lurks in the background of almost every discussion of economic advancement. In the 20 most heavily African-American towns in the South it remains harder to rise out of poverty than in just about every U.S....

Read more »

T-Mobile President and CEO John Legere in Las Vegas.

Photograph by David Becker/Getty Images

T-Mobile President and CEO John Legere in Las Vegas.

Without the FCC, This Man Wouldn’t Be at the Telecom Party

Is there any big-company executive in the U.S. right now as compelling as T-Mobile's John Legere? Having taken every possible opportunity to tweak Brand X (Verizon Wireless) and Brand Y (AT&T) in public, Legere outdid himself by showing up at...

Read more »