The Federal Deficit Is Even Bigger Now Than It Looks
The federal government’s annual deficit for 2023 appeared to be $1.7 trillion, but due to irregularities involving President Biden’s now-overturned student debt cancellation plan, the...
1970s-style stagflation may be at risk of repeating itself, Deutsche Bank warns
A major Wall Street bank is warning about the risk that inflation expectations could become unanchored in a fashion similar to the 1970s stagflation era....
How will CBDCs be used for political oppression in your country? By Cointelegraph
[ad_1] Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption....
The Trillion-Dollar Question for Bond Investors: When Will the Fed Stop Raising Rates?
High bond yields, deemed a “generational opportunity” by BlackRock, haven’t attracted anticipated investments amid ongoing market losses. Investors, wary of persistent rate hikes and the...
Bond Vigilantes Powerless Against America's Soaring Debt
In the early ’90s, rising bond yields due to budget deficits influenced Washington’s fiscal decisions. Now, despite a $1.5 trillion budget deficit and soaring federal...
Americans Begin to Feel the Sting of Fed Rate Hikes
Rising interest rates due to Federal Reserve’s decisions are straining American finances. Consumers face higher costs for home and car loans, and existing debts are...
Can the U.S. Economy Survive Four Simultaneous Shocks at Once?
The U.S. economy is facing simultaneous threats: potential auto worker strikes, a possible government shutdown, the resumption of student loan payments, and rising oil prices....
Kansas adjourns crypto bill targeting political donations to January 2024 By Cointelegraph
[ad_1] A legislative bill in the United States state of Kansas that aimed to limit and prohibit cryptocurrency donations in political campaigns has been adjourned...
Why More Baby Boomers Are Facing Homelessness
The surge in elderly homelessness is being significantly impacted by the Baby Boomers, amplifying a public-policy crisis and burdening taxpayers. Increasingly, aging individuals face homelessness...
Massive $2 Trillion Deficit Expected in Fiscal 2023
Washington faces a spending showdown, but the fiscal year ending this month brings a dire reality – a projected $1.7 trillion deficit, roughly $13,500 per...