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...
The Coming Tax Revenue Reckoning: WSJ
Politicians aren’t ready as signs point to budget trouble ahead. [ad_2] Source link...
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a...
Pensions’ Bad Year Poised to Get Worse
State and local government retirement funds started the year with their worst quarterly returns since the beginning of the pandemic. Things have only gone downhill...