Inflation is falling but interest rates are going to stay higher for longer. Way longer.
Even with the recent partial retreat in long-term real and nominal interest rates, they remain well above the ultra-low levels to which policymakers had grown...
Moody's Downgrades China's Credit Outlook to Negative Amid Economic Concerns
China faces a significant financial time bomb risk due to its banking system’s exposure to a substantial amount of hidden debt, accumulated by cities and...
Ray Dalio says U.S. reaching a point where our debt problem gets even worse
Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio said Friday. The hedge fund...
The $2 Trillion Interest Bill That’s Hitting Governments
Updated Nov. 15, 2023 12:07 am ET Listen to article (2 minutes) The world spent the past decade-plus taking advantage of rock-bottom interest rates to...
Study: State of democracy declines worldwide amid tainted elections, eroding freedoms
Democratic values were faltering in nearly half of 173 world countries due to weakening government checks and balances, corruption, and rigged elections, adding to a...
Biggest global threat since 1930s looms and every CEO talking about it
The United States is facing its fourth major inflection point in history since the early 20th century, and if world leaders get it wrong, the...
U.S. fiscal deficit a ‘more serious problem than ever before,’ says Larry Summers
Former Treasury Secretary Larry Summers believes that the current federal budget deficit poses a greater challenge for the economy than it has before in U.S....
U.S. Worries About Escalation in Pacific as Chinese Military Steps Up Confrontation
Updated Oct. 26, 2023 6:52 pm ET China’s jet fighters are harassing American military aircraft and stepping up sorties around Taiwan. Its coast guard is...
US fighter jets strike Iran-linked sites in Syria in retaliation for attacks on US troops
WASHINGTON (AP) — U.S. fighter jets launched airstrikes early Friday on two locations in eastern Syria linked to Iran’s Revolutionary Guard Corps, the Pentagon said,...
We’re Still Paying for the Federal Reserve’s Blunders
Oct. 25, 2023 12:53 pm ET The Federal Reserve is relieved inflation is receding and hopes it will fall to 2%. Meantime, households and businesses...