Market optimism over the potential for interest rate cuts next year is…
Browsing Tag
Fiscal policy
23 posts
Big bank executives will assure lawmakers the industry's crisis is over, KBW CEO Thomas Michaud predicts
Big bank CEOs will likely convey deposits and earnings are stable to…
Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change that
Araya Doheny | Getty Images When Dave Bernstein, 87, started working at…
Moody’s lowers U.S. credit-rating outlook to negative, warns ‘fiscal deficits will remain very large’
Moody’s Investors Service turned negative on the US’s credit rating outlook Friday, citing…
Zombie firms are filing for bankruptcy as the Fed commits to higher rates
In the U.S., 516 publicly listed firms have filed for bankruptcy from…
How the Fed fights zombie firms
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Central Banks Search for Lessons From the Great Inflation Outbreak
(Bloomberg) — After the most aggressive monetary-tightening campaign in four decades, academics…
75% of people ages 50 and up worry Social Security will run out of money in their lifetimes, survey finds
AleksandarNakic | E+ | Getty Images The subject of Social Security was…
As Republican contenders start to line up for the White House in 2024, Social Security may be key issue
zimmytws | iStock | Getty Images Last November’s midterm elections were expected…
A.I. trade is leaving investors vulnerable to painful losses: Evercore
The artificial intelligence trade may be leaving investors vulnerable to significant losses.…
Survey Finds Americans Have $21 Billion In Unspent Gift Cards
A new survey found that 47% of Americans have one unused gift…
China’s Xi visiting Saudi Arabia amid bid to boost economy
BEIJING — Chinese leader Xi Jinping is attending a pair of regional…
UK’s self-billed ‘Scrooge’ promises tax rises, spending cuts
Britain’s Treasury chief, Jeremy Hunt, has warned a spending crunch and tax…
Bank of England makes biggest interest rate hike in 30 years
LONDON — The Bank of England made its biggest interest rate increase…
Brazil’s Lula to reclaim presidency after beating Bolsonaro
RIO DE JANEIRO — Brazilians delivered a very tight victory to Luiz…
Wall Street heads for first weekly win streak since summer
NEW YORK — Wall Street is rallying Friday, led by Apple, Exxon…
Japan Cabinet OKs $200B spending plan to counter inflation
TOKYO — Japanese Prime Minister Fumio Kishida’s government approved Friday a hefty…
China’s economic growth accelerates but weak amid shutdowns
BEIJING — China’s economic growth picked up in the latest quarter but…
China’s economic growth accelerates but weak amid shutdowns
BEIJING — China’s economic growth picked up in the latest quarter but…
UK leader in peril after Treasury chief axes ‘Trussonomics’
LONDON — The U.K.’s new Treasury chief ripped up the government’s economic…