[{"data":1,"prerenderedAt":844},["ShallowReactive",2],{"home":3,"market:indices":707,"market:stocks":749},{"terms":4,"articles":584,"termOfDay":148,"news":676},[5,10,14,19,23,28,33,37,41,45,49,53,57,61,66,70,74,79,83,87,91,95,99,103,107,111,115,119,124,128,132,136,140,144,148,152,156,160,164,168,172,176,180,184,188,192,196,200,204,208,212,216,220,224,228,232,236,240,244,248,252,256,260,264,268,272,276,280,284,288,292,296,300,304,308,312,316,320,324,328,332,336,340,344,348,352,356,360,364,368,372,376,380,384,388,392,396,400,404,408,412,416,420,424,428,432,436,440,444,448,452,456,460,464,468,472,476,480,484,488,492,496,500,504,508,512,516,520,524,528,532,536,540,544,548,552,556,560,564,568,572,576,580],{"title":6,"description":7,"path":8,"category":9},"4% Rule","A guideline that withdrawing 4% of savings in the first year of retirement, then adjusting for inflation, has historically lasted about 30 years.","\u002Fterms\u002Ffour-percent-rule","retirement",{"title":11,"description":12,"path":13,"category":9},"401(k) Plan","An employer-sponsored U.S. retirement plan funded through payroll contributions.","\u002Fterms\u002F401k",{"title":15,"description":16,"path":17,"category":18},"Aggregate Demand","Total spending on an economy's goods and services at each overall price level.","\u002Fterms\u002Faggregate-demand","economy",{"title":20,"description":21,"path":22,"category":18},"Aggregate Supply","The total output firms are willing to produce at each overall price level.","\u002Fterms\u002Faggregate-supply",{"title":24,"description":25,"path":26,"category":27},"Alpha","The return an investment earns above (or below) its benchmark, after adjusting for risk.","\u002Fterms\u002Falpha","investing",{"title":29,"description":30,"path":31,"category":32},"Amortization","Paying off a loan in regular installments that cover both interest and principal.","\u002Fterms\u002Famortization","personal-finance",{"title":34,"description":35,"path":36,"category":18},"Animal Spirits","Keynes's term for the emotions and confidence that drive investment decisions.","\u002Fterms\u002Fanimal-spirits",{"title":38,"description":39,"path":40,"category":32},"Annual Percentage Rate (APR)","The yearly cost of borrowing, including interest and certain fees, as a percentage.","\u002Fterms\u002Fannual-percentage-rate",{"title":42,"description":43,"path":44,"category":32},"Annual Percentage Yield (APY)","The yearly return on savings, including the effect of compounding.","\u002Fterms\u002Fannual-percentage-yield",{"title":46,"description":47,"path":48,"category":9},"Annuity","An insurance contract that turns a lump sum or payments into a stream of income.","\u002Fterms\u002Fannuity",{"title":50,"description":51,"path":52,"category":27},"Asset Allocation","How a portfolio is split across asset classes such as stocks, bonds, and cash.","\u002Fterms\u002Fasset-allocation",{"title":54,"description":55,"path":56,"category":18},"Automatic Stabilizers","Parts of the budget that support the economy in downturns without new legislation.","\u002Fterms\u002Fautomatic-stabilizers",{"title":58,"description":59,"path":60,"category":18},"Balance of Payments","The record of all economic transactions between a country and the rest of the world.","\u002Fterms\u002Fbalance-of-payments",{"title":62,"description":63,"path":64,"category":65},"Bear Market","A period when a broad market index falls 20% or more from its recent high.","\u002Fterms\u002Fbear-market","trading",{"title":67,"description":68,"path":69,"category":27},"Beta","A measure of how much a stock moves relative to the overall market.","\u002Fterms\u002Fbeta",{"title":71,"description":72,"path":73,"category":65},"Bid-Ask Spread","The difference between the highest price buyers will pay and the lowest price sellers will accept.","\u002Fterms\u002Fbid-ask-spread",{"title":75,"description":76,"path":77,"category":78},"Bitcoin","The first decentralized cryptocurrency, with a fixed maximum supply of 21 million coins.","\u002Fterms\u002Fbitcoin","crypto",{"title":80,"description":81,"path":82,"category":78},"Bitcoin Halving","The scheduled cut in half of the reward miners receive for new Bitcoin blocks.","\u002Fterms\u002Fbitcoin-halving",{"title":84,"description":85,"path":86,"category":78},"Blockchain","A shared, append-only ledger that records transactions in linked blocks.","\u002Fterms\u002Fblockchain",{"title":88,"description":89,"path":90,"category":27},"Blue-Chip Stock","Shares of a large, well-established, financially sound company.","\u002Fterms\u002Fblue-chip-stock",{"title":92,"description":93,"path":94,"category":27},"Bond","A loan an investor makes to a government or company in exchange for interest payments.","\u002Fterms\u002Fbond",{"title":96,"description":97,"path":98,"category":27},"Book Value","A company's total assets minus its total liabilities, as recorded on its balance sheet.","\u002Fterms\u002Fbook-value",{"title":100,"description":101,"path":102,"category":32},"Budget","A plan for how you will spend and save your income.","\u002Fterms\u002Fbudget",{"title":104,"description":105,"path":106,"category":65},"Bull Market","A period of rising prices, often defined as a 20% gain from a recent low.","\u002Fterms\u002Fbull-market",{"title":108,"description":109,"path":110,"category":18},"Business Cycle","The recurring rise and fall of economic activity around its long-run trend.","\u002Fterms\u002Fbusiness-cycle",{"title":112,"description":113,"path":114,"category":65},"Buying on Margin","Borrowing money from a broker to buy securities, using your investments as collateral.","\u002Fterms\u002Fmargin",{"title":116,"description":117,"path":118,"category":65},"Call Option","An option giving the right to buy an asset at a set strike price before expiration.","\u002Fterms\u002Fcall-option",{"title":120,"description":121,"path":122,"category":123},"Capital Gain","The profit from selling an asset for more than its purchase price.","\u002Fterms\u002Fcapital-gain","taxes",{"title":125,"description":126,"path":127,"category":18},"Central Bank Independence","Insulating a central bank from short-term political pressure in setting monetary policy.","\u002Fterms\u002Fcentral-bank-independence",{"title":129,"description":130,"path":131,"category":18},"Comparative Advantage","The ability to produce something at a lower opportunity cost than others.","\u002Fterms\u002Fcomparative-advantage",{"title":133,"description":134,"path":135,"category":32},"Compound Interest","Interest earned on both the original principal and on interest already earned.","\u002Fterms\u002Fcompound-interest",{"title":137,"description":138,"path":139,"category":18},"Consumer Price Index (CPI)","A measure of the average change in prices paid by consumers for a basket of goods and services.","\u002Fterms\u002Fconsumer-price-index",{"title":141,"description":142,"path":143,"category":18},"Consumption Function","The relationship between household spending and income.","\u002Fterms\u002Fconsumption-function",{"title":145,"description":146,"path":147,"category":65},"Correction","A decline of 10% to 20% from a recent peak.","\u002Fterms\u002Fcorrection",{"title":149,"description":150,"path":151,"category":123},"Cost Basis","The original value of an asset for tax purposes, usually the purchase price plus fees.","\u002Fterms\u002Fcost-basis",{"title":153,"description":154,"path":155,"category":27},"Coupon","The annual interest a bond pays, stated as a percentage of its face value.","\u002Fterms\u002Fcoupon",{"title":157,"description":158,"path":159,"category":27},"Credit Rating","An assessment of a borrower's ability to repay its debt.","\u002Fterms\u002Fcredit-rating",{"title":161,"description":162,"path":163,"category":32},"Credit Score","A number that summarizes how likely you are to repay borrowed money, based on your credit history.","\u002Fterms\u002Fcredit-score",{"title":165,"description":166,"path":167,"category":18},"Crowding Out","When government borrowing reduces private investment by pushing up interest rates.","\u002Fterms\u002Fcrowding-out",{"title":169,"description":170,"path":171,"category":78},"Crypto Wallet","Software or a device that stores the keys used to access and move cryptocurrency.","\u002Fterms\u002Fcrypto-wallet",{"title":173,"description":174,"path":175,"category":18},"Current Account","A country's trade balance plus net income and transfers from abroad.","\u002Fterms\u002Fcurrent-account",{"title":177,"description":178,"path":179,"category":65},"Day Trading","Buying and selling securities within the same trading day.","\u002Fterms\u002Fday-trading",{"title":181,"description":182,"path":183,"category":32},"Debt-to-Income Ratio (DTI)","Your monthly debt payments divided by your gross monthly income.","\u002Fterms\u002Fdebt-to-income-ratio",{"title":185,"description":186,"path":187,"category":78},"Decentralized Finance (DeFi)","Financial services such as lending and trading built on blockchains without traditional intermediaries.","\u002Fterms\u002Fdecentralized-finance",{"title":189,"description":190,"path":191,"category":18},"Deflation","A sustained fall in the general level of prices.","\u002Fterms\u002Fdeflation",{"title":193,"description":194,"path":195,"category":27},"Diversification","Spreading money across many investments to reduce the impact of any one loss.","\u002Fterms\u002Fdiversification",{"title":197,"description":198,"path":199,"category":27},"Dividend","A share of company profits paid to shareholders, usually in cash.","\u002Fterms\u002Fdividend",{"title":201,"description":202,"path":203,"category":27},"Dividend Reinvestment Plan (DRIP)","A program that automatically uses dividends to buy more shares.","\u002Fterms\u002Fdividend-reinvestment-plan",{"title":205,"description":206,"path":207,"category":27},"Dividend Yield","The annual dividend per share divided by the share price.","\u002Fterms\u002Fdividend-yield",{"title":209,"description":210,"path":211,"category":32},"Dollar-Cost Averaging","Investing a fixed amount at regular intervals, regardless of price.","\u002Fterms\u002Fdollar-cost-averaging",{"title":213,"description":214,"path":215,"category":27},"Duration","A measure of how sensitive a bond's price is to changes in interest rates.","\u002Fterms\u002Fduration",{"title":217,"description":218,"path":219,"category":27},"Earnings Per Share (EPS)","A company's net profit divided by its shares outstanding.","\u002Fterms\u002Fearnings-per-share",{"title":221,"description":222,"path":223,"category":123},"Effective Tax Rate","The share of your total income that you actually pay in tax.","\u002Fterms\u002Feffective-tax-rate",{"title":225,"description":226,"path":227,"category":32},"Emergency Fund","Cash set aside for unexpected, necessary expenses such as job loss or urgent repairs.","\u002Fterms\u002Femergency-fund",{"title":229,"description":230,"path":231,"category":78},"Ethereum","A blockchain platform for smart contracts, with its own cryptocurrency, ether (ETH).","\u002Fterms\u002Fethereum",{"title":233,"description":234,"path":235,"category":18},"Exchange Rate","The price of one currency expressed in another.","\u002Fterms\u002Fexchange-rate",{"title":237,"description":238,"path":239,"category":27},"Exchange-Traded Fund (ETF)","A fund that holds a basket of assets and trades on an exchange like a stock.","\u002Fterms\u002Fetf",{"title":241,"description":242,"path":243,"category":27},"Expense Ratio","The yearly fee a fund charges, as a percentage of assets.","\u002Fterms\u002Fexpense-ratio",{"title":245,"description":246,"path":247,"category":18},"Federal Funds Rate","The interest rate U.S. banks charge each other for overnight loans, targeted by the Federal Reserve.","\u002Fterms\u002Ffederal-funds-rate",{"title":249,"description":250,"path":251,"category":18},"Fiscal Multiplier","How much total output changes for each dollar of government spending or tax cuts.","\u002Fterms\u002Ffiscal-multiplier",{"title":253,"description":254,"path":255,"category":18},"Fiscal Policy","The use of government spending and taxes to influence the economy.","\u002Fterms\u002Ffiscal-policy",{"title":257,"description":258,"path":259,"category":27},"Free Cash Flow","Cash a company generates from operations after paying for capital investment.","\u002Fterms\u002Ffree-cash-flow",{"title":261,"description":262,"path":263,"category":65},"Futures Contract","A standardized agreement to buy or sell an asset at a set price on a future date.","\u002Fterms\u002Ffutures",{"title":265,"description":266,"path":267,"category":18},"GDP Deflator","A price index covering everything produced in an economy.","\u002Fterms\u002Fgdp-deflator",{"title":269,"description":270,"path":271,"category":18},"Gross Domestic Product (GDP)","The total value of goods and services produced in a country over a period.","\u002Fterms\u002Fgdp",{"title":273,"description":274,"path":275,"category":27},"Growth Stock","A stock of a company expected to grow revenue or earnings faster than average.","\u002Fterms\u002Fgrowth-stock",{"title":277,"description":278,"path":279,"category":18},"Hyperinflation","Extremely rapid inflation, often defined as prices rising more than 50% a month.","\u002Fterms\u002Fhyperinflation",{"title":281,"description":282,"path":283,"category":18},"IS–LM Model","A model of how interest rates and output are jointly set by the goods market and the money market.","\u002Fterms\u002Fis-lm-model",{"title":285,"description":286,"path":287,"category":27},"Index Fund","A fund built to match the performance of a market index.","\u002Fterms\u002Findex-fund",{"title":289,"description":290,"path":291,"category":9},"Individual Retirement Account (IRA)","A tax-advantaged U.S. account for retirement savings.","\u002Fterms\u002Fira",{"title":293,"description":294,"path":295,"category":18},"Inflation","The rate at which the general level of prices rises, eroding purchasing power.","\u002Fterms\u002Finflation",{"title":297,"description":298,"path":299,"category":18},"Inflation Targeting","A monetary policy framework built around a publicly announced inflation target.","\u002Fterms\u002Finflation-targeting",{"title":301,"description":302,"path":303,"category":18},"Interest Rate","The cost of borrowing money, or the return for lending it, as a percentage per year.","\u002Fterms\u002Finterest-rate",{"title":305,"description":306,"path":307,"category":18},"Keynesian Economics","The school of thought that total demand drives output and employment in the short run, and that policy can stabilize it.","\u002Fterms\u002Fkeynesian-economics",{"title":309,"description":310,"path":311,"category":65},"Leverage","Using borrowed money or derivatives to increase the size of an investment.","\u002Fterms\u002Fleverage",{"title":313,"description":314,"path":315,"category":65},"Limit Order","An order to buy or sell only at a specified price or better.","\u002Fterms\u002Flimit-order",{"title":317,"description":318,"path":319,"category":65},"Liquidity","How quickly an asset can be turned into cash without moving its price.","\u002Fterms\u002Fliquidity",{"title":321,"description":322,"path":323,"category":18},"Liquidity Preference","Keynes's theory that interest rates are set by the demand for and supply of money.","\u002Fterms\u002Fliquidity-preference",{"title":325,"description":326,"path":327,"category":18},"Liquidity Trap","A situation where interest rates are so low that monetary policy loses its usual power to boost spending.","\u002Fterms\u002Fliquidity-trap",{"title":329,"description":330,"path":331,"category":18},"Marginal Propensity to Consume (MPC)","The share of an extra dollar of income that a household spends.","\u002Fterms\u002Fmarginal-propensity-to-consume",{"title":333,"description":334,"path":335,"category":123},"Marginal Tax Rate","The tax rate paid on your next dollar of income.","\u002Fterms\u002Fmarginal-tax-rate",{"title":337,"description":338,"path":339,"category":27},"Market Capitalization","The total market value of a company's outstanding shares.","\u002Fterms\u002Fmarket-capitalization",{"title":341,"description":342,"path":343,"category":65},"Market Order","An order to buy or sell immediately at the best available price.","\u002Fterms\u002Fmarket-order",{"title":345,"description":346,"path":347,"category":18},"Monetarism","The school of thought that the money supply is the main driver of inflation and nominal spending.","\u002Fterms\u002Fmonetarism",{"title":349,"description":350,"path":351,"category":18},"Monetary Policy","How a central bank manages interest rates and the money supply to steer the economy.","\u002Fterms\u002Fmonetary-policy",{"title":353,"description":354,"path":355,"category":18},"Money Multiplier","The textbook link between bank reserves and the total money supply.","\u002Fterms\u002Fmoney-multiplier",{"title":357,"description":358,"path":359,"category":32},"Mortgage","A loan used to buy property, with the property itself as collateral.","\u002Fterms\u002Fmortgage",{"title":361,"description":362,"path":363,"category":27},"Municipal Bond","A bond issued by a state, city, or other local government in the U.S.","\u002Fterms\u002Fmunicipal-bond",{"title":365,"description":366,"path":367,"category":27},"Mutual Fund","A pooled investment managed by professionals and priced once a day.","\u002Fterms\u002Fmutual-fund",{"title":369,"description":370,"path":371,"category":18},"Natural Rate of Unemployment","The unemployment rate that persists when the economy is at full strength, also called the NAIRU.","\u002Fterms\u002Fnatural-rate-of-unemployment",{"title":373,"description":374,"path":375,"category":32},"Net Worth","What you own minus what you owe.","\u002Fterms\u002Fnet-worth",{"title":377,"description":378,"path":379,"category":18},"Okun's Law","A rule of thumb linking unemployment to the gap between actual and potential output.","\u002Fterms\u002Fokuns-law",{"title":381,"description":382,"path":383,"category":18},"Open Market Operations","Central bank purchases and sales of government securities to manage reserves and interest rates.","\u002Fterms\u002Fopen-market-operations",{"title":385,"description":386,"path":387,"category":18},"Opportunity Cost","The value of the next-best alternative you give up when you make a choice.","\u002Fterms\u002Fopportunity-cost",{"title":389,"description":390,"path":391,"category":65},"Options","Contracts that give the right, but not the obligation, to buy or sell an asset at a set price before a set date.","\u002Fterms\u002Foptions",{"title":393,"description":394,"path":395,"category":18},"Output Gap","The difference between actual GDP and potential GDP.","\u002Fterms\u002Foutput-gap",{"title":397,"description":398,"path":399,"category":18},"Paradox of Thrift","When everyone tries to save more at once, total saving may not rise because income falls.","\u002Fterms\u002Fparadox-of-thrift",{"title":401,"description":402,"path":403,"category":18},"Phillips Curve","The short-run trade-off between unemployment and inflation.","\u002Fterms\u002Fphillips-curve",{"title":405,"description":406,"path":407,"category":18},"Price Elasticity of Demand","How strongly the quantity people buy responds to a change in price.","\u002Fterms\u002Felasticity",{"title":409,"description":410,"path":411,"category":27},"Price-to-Book Ratio (P\u002FB)","A company's share price divided by its book value per share.","\u002Fterms\u002Fprice-to-book-ratio",{"title":413,"description":414,"path":415,"category":27},"Price-to-Earnings Ratio (P\u002FE)","A company's share price divided by its earnings per share.","\u002Fterms\u002Fprice-to-earnings-ratio",{"title":417,"description":418,"path":419,"category":78},"Proof of Stake","A way for a blockchain to agree on new blocks, where validators lock up coins as collateral.","\u002Fterms\u002Fproof-of-stake",{"title":421,"description":422,"path":423,"category":18},"Purchasing Power Parity (PPP)","The idea that exchange rates should adjust so the same goods cost the same in different countries.","\u002Fterms\u002Fpurchasing-power-parity",{"title":425,"description":426,"path":427,"category":65},"Put Option","An option giving the right to sell an asset at a set strike price before expiration.","\u002Fterms\u002Fput-option",{"title":429,"description":430,"path":431,"category":18},"Quantitative Easing (QE)","Large-scale bond purchases by a central bank to lower long-term interest rates.","\u002Fterms\u002Fquantitative-easing",{"title":433,"description":434,"path":435,"category":18},"Quantity Theory of Money","The idea that money supply times its velocity equals the price level times real output.","\u002Fterms\u002Fquantity-theory-of-money",{"title":437,"description":438,"path":439,"category":18},"Rational Expectations","The assumption that people use all available information to forecast the future without systematic errors.","\u002Fterms\u002Frational-expectations",{"title":441,"description":442,"path":443,"category":18},"Real GDP","GDP measured at constant prices, so it changes only when the quantity of output changes.","\u002Fterms\u002Freal-gdp",{"title":445,"description":446,"path":447,"category":18},"Real Interest Rate","An interest rate adjusted for inflation.","\u002Fterms\u002Freal-interest-rate",{"title":449,"description":450,"path":451,"category":27},"Rebalancing","Buying and selling holdings to bring a portfolio back to its target mix.","\u002Fterms\u002Frebalancing",{"title":453,"description":454,"path":455,"category":18},"Recession","A significant, widespread decline in economic activity lasting more than a few months.","\u002Fterms\u002Frecession",{"title":457,"description":458,"path":459,"category":9},"Required Minimum Distribution (RMD)","The minimum amount U.S. retirees must withdraw each year from most tax-deferred retirement accounts.","\u002Fterms\u002Frequired-minimum-distribution",{"title":461,"description":462,"path":463,"category":27},"Return on Investment (ROI)","The gain or loss on an investment relative to its cost.","\u002Fterms\u002Froi",{"title":465,"description":466,"path":467,"category":18},"Ricardian Equivalence","The idea that debt-financed tax cuts may not boost spending because people save to pay future taxes.","\u002Fterms\u002Fricardian-equivalence",{"title":469,"description":470,"path":471,"category":32},"Risk Tolerance","How much loss an investor is willing and able to accept in pursuit of returns.","\u002Fterms\u002Frisk-tolerance",{"title":473,"description":474,"path":475,"category":9},"Roth IRA","A U.S. retirement account funded with after-tax money, with tax-free qualified withdrawals.","\u002Fterms\u002Froth-ira",{"title":477,"description":478,"path":479,"category":27},"Sharpe Ratio","A measure of return earned per unit of risk taken.","\u002Fterms\u002Fsharpe-ratio",{"title":481,"description":482,"path":483,"category":65},"Short Selling","Selling borrowed shares in the hope of buying them back later at a lower price.","\u002Fterms\u002Fshort-selling",{"title":485,"description":486,"path":487,"category":78},"Smart Contract","A program on a blockchain that runs automatically when set conditions are met.","\u002Fterms\u002Fsmart-contract",{"title":489,"description":490,"path":491,"category":9},"Social Security","The U.S. government program that pays retirement, disability, and survivor benefits funded by payroll taxes.","\u002Fterms\u002Fsocial-security",{"title":493,"description":494,"path":495,"category":18},"Solow Growth Model","A model showing how saving, population growth and technology determine long-run living standards.","\u002Fterms\u002Fsolow-growth-model",{"title":497,"description":498,"path":499,"category":78},"Stablecoin","A cryptocurrency designed to hold a steady value, usually pegged to the U.S. dollar.","\u002Fterms\u002Fstablecoin",{"title":501,"description":502,"path":503,"category":18},"Stagflation","High inflation combined with slow growth and high unemployment.","\u002Fterms\u002Fstagflation",{"title":505,"description":506,"path":507,"category":123},"Standard Deduction","A fixed amount U.S. taxpayers can subtract from income without itemizing.","\u002Fterms\u002Fstandard-deduction",{"title":509,"description":510,"path":511,"category":18},"Sticky Prices","Prices and wages that adjust slowly to changes in demand.","\u002Fterms\u002Fsticky-prices",{"title":513,"description":514,"path":515,"category":27},"Stock","A share of ownership in a company.","\u002Fterms\u002Fstock",{"title":517,"description":518,"path":519,"category":65},"Stop-Loss Order","An order to sell a security once its price falls to a set level, to limit losses.","\u002Fterms\u002Fstop-loss-order",{"title":521,"description":522,"path":523,"category":9},"Target-Date Fund","A fund that automatically shifts from stocks to bonds as a chosen retirement year approaches.","\u002Fterms\u002Ftarget-date-fund",{"title":525,"description":526,"path":527,"category":123},"Tax Bracket","A range of income taxed at a particular rate in a progressive tax system.","\u002Fterms\u002Ftax-bracket",{"title":529,"description":530,"path":531,"category":123},"Tax Credit","An amount subtracted directly from the tax you owe.","\u002Fterms\u002Ftax-credit",{"title":533,"description":534,"path":535,"category":123},"Tax Deduction","An amount subtracted from income before tax is calculated.","\u002Fterms\u002Ftax-deduction",{"title":537,"description":538,"path":539,"category":18},"Taylor Rule","A formula suggesting where a central bank should set interest rates based on inflation and the output gap.","\u002Fterms\u002Ftaylor-rule",{"title":541,"description":542,"path":543,"category":32},"Time Value of Money","The idea that money now is worth more than the same amount later.","\u002Fterms\u002Ftime-value-of-money",{"title":545,"description":546,"path":547,"category":18},"Total Factor Productivity (TFP)","Output growth that is not explained by more labor or capital.","\u002Fterms\u002Ftotal-factor-productivity",{"title":549,"description":550,"path":551,"category":18},"Trade Deficit","When a country imports more goods and services than it exports.","\u002Fterms\u002Ftrade-deficit",{"title":553,"description":554,"path":555,"category":27},"Treasury Bill (T-Bill)","A short-term U.S. government debt security that matures in one year or less.","\u002Fterms\u002Ftreasury-bill",{"title":557,"description":558,"path":559,"category":18},"Unemployment Rate","The share of the labor force that is jobless but available and actively looking for work.","\u002Fterms\u002Funemployment-rate",{"title":561,"description":562,"path":563,"category":27},"Value Stock","A stock that trades at a low price relative to measures like earnings or book value.","\u002Fterms\u002Fvalue-stock",{"title":565,"description":566,"path":567,"category":18},"Velocity of Money","How many times a unit of money is spent on final goods and services in a period.","\u002Fterms\u002Fvelocity-of-money",{"title":569,"description":570,"path":571,"category":65},"Volatility","How widely an asset's price swings over time.","\u002Fterms\u002Fvolatility",{"title":573,"description":574,"path":575,"category":123},"Wash Sale Rule","A U.S. rule that disallows a tax loss if you buy the same or a substantially identical security within 30 days.","\u002Fterms\u002Fwash-sale-rule",{"title":577,"description":578,"path":579,"category":27},"Yield","The income an investment produces, as a percentage of its price.","\u002Fterms\u002Fyield",{"title":581,"description":582,"path":583,"category":27},"Yield Curve","A chart of interest rates on bonds of the same credit quality across different maturities.","\u002Fterms\u002Fyield-curve",[585,593,598,602,607,612,616,620,624,628,632,636,640,644,650,655,659,664,668,672],{"title":586,"description":587,"path":588,"category":18,"author":589,"readingTime":590,"trending":591,"updatedAt":592},"The Best Macroeconomics Books, From Beginner to Advanced","A reading path through the classic macroeconomics texts, from free introductions to graduate references: what each book covers, who it is for, and the key ideas to look for.","\u002Farticles\u002Fbest-macroeconomics-books","Lynktor Editorial Team",4,false,"2026-10-30",{"title":594,"description":595,"path":596,"category":32,"author":589,"readingTime":597,"trending":591,"updatedAt":592},"Budgeting With the 50\u002F30\u002F20 Rule","A simple way to split take-home pay between needs, wants, and savings: where the rule comes from, how to apply it, when to bend it, and alternatives that may suit you better.","\u002Farticles\u002Fbudgeting-with-the-50-30-20-rule",3,{"title":599,"description":600,"path":601,"category":9,"author":589,"readingTime":590,"trending":591,"updatedAt":592},"How Much Do You Need to Retire?","The 4% rule, the 25x shortcut, what the latest research says about safe withdrawal rates in 2026, and how Social Security and inflation change the math.","\u002Farticles\u002Fhow-much-do-you-need-to-retire",{"title":603,"description":604,"path":605,"category":32,"author":589,"readingTime":590,"trending":606,"updatedAt":592},"How to Build an Emergency Fund","A step-by-step guide to sizing, saving, and storing the cash that keeps a surprise bill from becoming debt, and why more than a third of Americans still lack one.","\u002Farticles\u002Fhow-to-build-an-emergency-fund",true,{"title":608,"description":609,"path":610,"category":18,"author":589,"readingTime":611,"trending":591,"updatedAt":592},"Keynes and The General Theory: The Book That Created Macroeconomics","Why a 1936 book written during the Great Depression still shapes economic policy: effective demand, the multiplier, liquidity preference, animal spirits, and what came after.","\u002Farticles\u002Fkeynes-general-theory-explained",5,{"title":613,"description":614,"path":615,"category":65,"author":589,"readingTime":597,"trending":591,"updatedAt":592},"How to Read a Candlestick Chart","Open, high, low, close: a guide to the chart traders use most, its history, the patterns worth knowing, and the limits of reading charts.","\u002Farticles\u002Freading-a-candlestick-chart",{"title":617,"description":618,"path":619,"category":9,"author":589,"readingTime":590,"trending":606,"updatedAt":592},"Roth vs. Traditional IRA: Which Fits You?","Pay tax now or later? How the two IRA types differ, the 2026 limits and income ranges, the question that usually decides it, and the rules that trip people up.","\u002Farticles\u002Froth-vs-traditional-ira",{"title":621,"description":622,"path":623,"category":78,"author":589,"readingTime":597,"trending":591,"updatedAt":592},"Stablecoins, Explained","What keeps a stablecoin at $1, what can break the peg, how the new U.S. GENIUS Act regulates issuers, and what to check before you hold one.","\u002Farticles\u002Fstablecoins-explained",{"title":625,"description":626,"path":627,"category":123,"author":589,"readingTime":590,"trending":591,"updatedAt":592},"Tax-Loss Harvesting Basics","How selling investments at a loss can lower your tax bill, the 2026 capital gains rates, the wash-sale rule that trips people up, and when harvesting gains makes more sense.","\u002Farticles\u002Ftax-loss-harvesting-basics",{"title":629,"description":630,"path":631,"category":18,"author":589,"readingTime":611,"trending":591,"updatedAt":592},"The AD–AS Model: How Economists Explain Booms, Busts and Inflation","The core model of introductory and intermediate macroeconomics, explained step by step: aggregate demand, short- and long-run aggregate supply, shocks, and what policy can do.","\u002Farticles\u002Fthe-ad-as-model",{"title":633,"description":634,"path":635,"category":27,"author":589,"readingTime":590,"trending":606,"updatedAt":592},"The Hidden Cost of a 1% Fund Fee","A fee that looks small takes nearly a quarter of a portfolio over thirty years. Here is how fund fees work, what is typical in 2026, and how to check what you pay.","\u002Farticles\u002Fthe-hidden-cost-of-fund-fees",{"title":637,"description":638,"path":639,"category":18,"author":589,"readingTime":590,"trending":606,"updatedAt":592},"What the Fed Does With Interest Rates","How the Federal Reserve's policy rate reaches your mortgage, your savings account, and the stock market, and why it raised rates again in 2026.","\u002Farticles\u002Fwhat-the-fed-does-with-interest-rates",{"title":641,"description":642,"path":643,"category":27,"author":589,"readingTime":590,"trending":606,"updatedAt":592},"Why Starting Early Beats Investing More","Two savers put in the same $96,000. One ends up with more than twice as much. The difference is twenty years of compounding, and here is how to use it.","\u002Farticles\u002Fwhy-starting-early-beats-investing-more",{"title":645,"description":646,"path":647,"category":18,"author":589,"readingTime":648,"trending":591,"updatedAt":649},"Fiscal Policy and Government Debt, Explained","How governments tax, spend, and borrow; the difference between deficits and debt; when stimulus works; and when debt becomes a problem.","\u002Farticles\u002Ffiscal-policy-and-government-debt",6,"2026-10-29",{"title":651,"description":652,"path":653,"category":18,"author":589,"readingTime":654,"trending":591,"updatedAt":649},"GDP and the Business Cycle: How Economies Grow and Shrink","What gross domestic product measures, how it is calculated three ways, why real GDP matters more than nominal, and how expansions and recessions unfold.","\u002Farticles\u002Fgdp-and-the-business-cycle",7,{"title":656,"description":657,"path":658,"category":18,"author":589,"readingTime":648,"trending":591,"updatedAt":649},"How Money and Banks Work","What makes something money, how banks create most of it when they lend, what central banks control, and why bank runs happen.","\u002Farticles\u002Fhow-money-and-banks-work",{"title":660,"description":661,"path":662,"category":18,"author":589,"readingTime":663,"trending":591,"updatedAt":649},"Inflation Explained: Causes, Measurement, and Effects","What inflation really is, how it is measured, why it happens, who wins and loses, and how central banks try to keep it in check.","\u002Farticles\u002Finflation-explained",8,{"title":665,"description":666,"path":667,"category":18,"author":589,"readingTime":648,"trending":591,"updatedAt":649},"International Trade and Exchange Rates","Why countries trade, how comparative advantage works, what trade deficits do and do not mean, and what moves currency exchange rates.","\u002Farticles\u002Finternational-trade-and-exchange-rates",{"title":669,"description":670,"path":671,"category":18,"author":589,"readingTime":663,"trending":591,"updatedAt":649},"Supply and Demand: How Markets Set Prices","The most important idea in economics, explained from scratch: why prices rise and fall, what moves the curves, and where the model breaks down.","\u002Farticles\u002Fsupply-and-demand-explained",{"title":673,"description":674,"path":675,"category":18,"author":589,"readingTime":648,"trending":591,"updatedAt":649},"Unemployment and the Labor Market","How unemployment is measured, the different kinds of joblessness, why some unemployment is normal, and what the jobs report really tells you.","\u002Farticles\u002Funemployment-and-the-labor-market",[677,688,697],{"id":678,"source":679,"title":683,"link":684,"publishedAt":685,"summary":686,"body":687},"cbs-who-will-succeed-jensen-huang-at-nvidia-analysts-weigh-in-8j0fjf",{"id":680,"name":681,"home":682,"fullText":591},"cbs","CBS News","https:\u002F\u002Fwww.cbsnews.com","Who will succeed Jensen Huang at Nvidia? Analysts weigh in.","https:\u002F\u002Fwww.cbsnews.com\u002Fnews\u002Fjensen-huang-next-nvidia-ceo-candidates\u002F","2026-11-12T18:26:08.000Z","Analysts say the board will be on the hunt for someone who has the technological know-how to lead the world's leading chip manufacturer.",null,{"id":689,"source":690,"title":694,"link":695,"publishedAt":696,"summary":694,"body":687},"fed-federal-reserve-announces-revised-tentative-schedule-of-fede-1xntkku",{"id":691,"name":692,"home":693,"fullText":606},"fed","Federal Reserve","https:\u002F\u002Fwww.federalreserve.gov","Federal Reserve announces revised tentative schedule of Federal Open Market Committee meetings in 2027","https:\u002F\u002Fwww.federalreserve.gov\u002Fnewsevents\u002Fpressreleases\u002Fmonetary20261112a.htm","2026-11-12T17:45:00.000Z",{"id":698,"source":699,"title":703,"link":704,"publishedAt":705,"summary":706,"body":687},"bbc-some-under-25s-should-get-fewer-benefits-milburn-review-to-s-4za2ri",{"id":700,"name":701,"home":702,"fullText":591},"bbc","BBC News","https:\u002F\u002Fwww.bbc.com","Some under-25s should get fewer benefits, Milburn review to say","https:\u002F\u002Fwww.bbc.co.uk\u002Fnews\u002Farticles\u002Fcwn70l1628l0o?at_medium=RSS&at_campaign=rss","2026-11-12T17:32:14.000Z","The proposed radical overhaul of the welfare system would move under-25s off the main sickness benefits.",[708,719,729,739],{"symbol":709,"name":710,"kind":711,"price":712,"change":713,"changePct":714,"open":715,"high":716,"low":717,"volume":718,"marketCap":-1,"pe":-1},"SPX","S&P 500","index",8428.234554827326,46.338074968642104,0.5528352095494187,8381.896479858684,8428.427330541292,8332.359546844025,17932317,{"symbol":720,"name":721,"kind":711,"price":722,"change":723,"changePct":724,"open":725,"high":726,"low":727,"volume":728,"marketCap":-1,"pe":-1},"IXIC","Nasdaq Composite",40193.84593237866,157.58661600658525,0.39360973951465833,40036.259316372074,40519.156203179926,39899.84558112759,23981641,{"symbol":730,"name":731,"kind":711,"price":732,"change":733,"changePct":734,"open":735,"high":736,"low":737,"volume":738,"marketCap":-1,"pe":-1},"DJI","Dow Jones Industrial Average",56299.36891916432,-54.02122160601721,-0.09586152930830356,56353.39014077034,56366.09526948047,55591.73967377558,22363514,{"symbol":740,"name":741,"kind":711,"price":742,"change":743,"changePct":744,"open":745,"high":746,"low":747,"volume":748,"marketCap":-1,"pe":-1},"RUT","Russell 2000",1541.295955509767,7.312210991834718,0.47668112637873117,1533.9837445179323,1556.9615531859681,1531.402679930933,28616795,[750,763,775,786,798,809,820,832],{"symbol":751,"name":752,"kind":753,"price":754,"change":755,"changePct":756,"open":757,"high":758,"low":759,"volume":760,"marketCap":761,"pe":762},"AAPL","Apple Inc.","stock",115.49809902608018,0.15774941131859066,0.1367686259366093,115.34034961476159,116.09639183702807,114.52469556798118,123522917,1744021295293.8108,17.238522242698533,{"symbol":764,"name":765,"kind":753,"price":766,"change":767,"changePct":768,"open":769,"high":770,"low":771,"volume":772,"marketCap":773,"pe":774},"MSFT","Microsoft Corp.",446.7403065654793,-3.560557541250887,-0.7907063532542912,450.30086410673016,455.2083591681808,444.7436785578688,37507335,3319280477781.511,36.92068649301482,{"symbol":776,"name":777,"kind":753,"price":778,"change":779,"changePct":780,"open":781,"high":778,"low":782,"volume":783,"marketCap":784,"pe":785},"NVDA","NVIDIA Corp.",12.91230176964168,0.1905756670432499,1.498033093200494,12.72172610259843,12.507414616470815,120904476,316351393356.2211,5.1649207078566715,{"symbol":787,"name":788,"kind":753,"price":789,"change":790,"changePct":791,"open":792,"high":793,"low":794,"volume":795,"marketCap":796,"pe":797},"AMZN","Amazon.com Inc.",86.56159389766171,2.1212103717853523,2.5120804563083463,84.44038352587636,87.26422782218319,83.45347451322402,39865588,908896735925.448,20.609903308967073,{"symbol":799,"name":800,"kind":753,"price":801,"change":802,"changePct":803,"open":804,"high":804,"low":805,"volume":806,"marketCap":807,"pe":808},"GOOGL","Alphabet Inc.",368.2669210061614,-6.082386733188457,-1.6247890960235118,374.34930773934985,365.5491522743101,102957787,4529683128375.785,49.10225613415485,{"symbol":810,"name":811,"kind":753,"price":812,"change":813,"changePct":814,"open":815,"high":816,"low":812,"volume":817,"marketCap":818,"pe":819},"JPM","JPMorgan Chase & Co.",234.0156001151471,-1.418323066567723,-0.602429355719065,235.43392318171482,237.00379009279453,21273745,666944460328.1692,13.07349721313671,{"symbol":821,"name":822,"kind":753,"price":823,"change":824,"changePct":825,"open":826,"high":827,"low":828,"volume":829,"marketCap":830,"pe":831},"KO","Coca-Cola Co.",98.66111614460416,1.0994638778632009,1.1269426586351603,97.56165226674096,98.77335256255637,97.52803593214075,26363793,425229410583.24396,39.46444645784167,{"symbol":833,"name":834,"kind":753,"price":835,"change":836,"changePct":837,"open":838,"high":839,"low":840,"volume":841,"marketCap":842,"pe":843},"XOM","Exxon Mobil Corp.",128.21285444855593,-3.8703701730927946,-2.930251123244028,132.08322462164872,132.10372469504546,127.48845789248806,28379885,564136559573.6461,16.02660680606949,1794508087716]