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...
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...
Americans’ faith in institutions has been sliding for years. The chaos in Congress isn’t helping
WASHINGTON (AP) — For many Americans, the Republican dysfunction that has ground business in the U.S. House to a halt as two wars rage abroad...
Another Black Monday May Be Around the Corner
By John Greenwood and Steve H. Hanke The Federal Reserve’s policies are threatening U.S. financial markets and the economy. They are in danger of a...
Government Bubble Bust: Treasury Bond Investors Have Been Taking a Historic Beating
Long-term bond investors are increasingly reluctant to lend to the U.S. government, possibly due to its excessive borrowing. Despite facing significant market losses, political discussions...
Home Sales on Track for Slowest Year Since Housing Bust
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PRECIOUS-Gold set to mark best week in 7 months as markets price in end of Fed hikes
* Gold up 3% this week * Silver eyes first weekly gain in three * Platinum, palladium set for weekly losses (Recasts, adds comment, updates...
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...
As Social Security faces shortfall, some propose investing in stocks
Wand_prapan | Istock | Getty Images The trust funds that Social Security relies on to pay benefits are “rapidly heading to zero,” according to the...
Big Bankruptcies Hang Over Economy
Rising business bankruptcies are sounding alarm bells, especially as they increasingly involve large companies such as SVB Financial, Bed Bath & Beyond, and Yellow. Factors...