Politics
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed.…
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Business
France’s debt troubles stir memories of the euro crisis
How long before Paris and others start looking to the ECB to rescue them?
Business
Surging Treasury yields don’t signal a U.S. 'fiscal apocalypse' - yet
Treasury yields above 5% are raising fears that higher borrowing costs could fuel a debt…
Politics
Fox Panel Loses It at Jaw-Droppingly Bad Sign for Trump
The latest update shows that only 29,000 jobs were added in September, while unemployment…
Business
Trump’s tariffs are back in court
Here we go again: President Donald Trump’s sweeping global tariffs are back under the…
Business
Trump’s economist takes lying to an Olympian level on Fox News
“If you tell the truth, you don’t have to remember anything” ― Mark Twain (attributed) On…
Business
Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview
Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too…
Business
Median US income rises to highest on record even as Americans feel affordability pinch
Americans’ median household income rose to $87,460, or 2.6%, in 2025, the first year of…
Business
Dow Jones Futures Await Jobs Report After Bullish Market Move; Tesla Cybercabs Hit The Road
Dow Jones futures: The stock market jumped above key levels, buoyed by Fed comments. Tesla…
Business
Fed's Hammack says 'now is the time to act' on raising interest rates
She still thinks the Fed needs to take action against inflation that is straining…
Business
Kansas City Fed's Schmid says inflation is too hot, rates too accommodative on eve of Jackson Hole
Kansas City Federal Reserve President Jeff Schmid said in an interview Wednesday on the…
Business
The $40 trillion national debt and the bond market's revolt: how we got into this mess
David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC…
Business
Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights
An inflation measure closely watched by the Federal Reserve was unchanged last month in…
Business
July PCE: Fed's favored inflation gauge remained elevated
The Federal Reserve's preferred inflation gauge remained elevated in July as the Commerce…
Business
Treasury's recent moves in the bond and currency markets add up to 'soft-form financial repression'
"If the market price of USTs is not 'allowed' to adjust down, the foreign exchange price…
Business
Three things to know : NPR
The U.S. federal debt hit a record $40 trillion this week. The debt has doubled since…
Business
US national debt hits $40 trillion, rising by $90K per second
The U.S. national debt crossed a record $40 trillion this week—a figure economists and…
Business
Trump bemoans Fed interest rate policy, says U.S. should be paying much less
As he has done in the past, Trump accused Fed officials of having political motives.
Business
National debt tops $40 trillion after doubling in less than a decade, Treasury data shows
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the…
Business
U.S. set to pay most for 30-year debt in quarter of a century
“We’re not really at a level where people seem to be going crazy, saying ‘I want to buy…
Business
Wholesale price inflation slows last month as gas, food costs fall
Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike…
Politics
Inflation; Colombia earthquake; ICE gloves; Leavitt : NPR
Inflation cooled a bit last month, according to a new report from the Labor Department.…
Business
CBO: US Treasury spends $3 billion daily on national debt interest
The CBO reported that net interest on public debt totaled $963 billion between October…