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News
The 2027 Social Security Raise Is Tracking at About 3.6%. On the Average Check That's Roughly $75 a Month, and Medicare Will Take Part of It Back.
6+ day, 4+ hour ago (554+ words) A projected raise sounds like good news until you account for what Medicare quietly subtracts, what the tax code silently captures, and why the formula itself may not measure what retirees actually spend money on. Life After Work desk. Editor:…...
The $40 Trillion Federal Clown Show: Who Holds the Credit Card, and How to Insulate Your Life from It
1+ week, 5+ day ago (1653+ words) Congress has spent decades authorizing money it does not have, and states that proudly balance their budgets quietly depend on that same federal spigot. What happens to your household when the math finally shows up at the door? Every couple…...
Scott Bessent Says U.S. Bonds Are Beating the Rest of the World Despite Wall Street’s Warnings
1+ week, 5+ day ago (575+ words) Treasury Secretary Scott Bessent is telling Wall Street it has the bond market story completely wrong, but Stanley Druckenmiller and a former Fed Vice Chair are betting he will pay for that confidence. Nominal yields sit at elevated levels by…...
The 30-Year Treasury Hits a 19-Year High. Here's What Is Spooking the Bond Market
3+ week, 4+ day ago (531+ words) The 30-year Treasury surged 40 basis points since June to a 19-year high of 5.32%, driven by rising term premium, not fresh inflation surprises. A $432 billion July deficit and $1.7 trillion in corporate bond issuance are flooding fixed income markets with duration supply,…...
He Helped Soros "Break the Bank of England." Now He Must Help Trump Solve America's $40 Trillion Debt Nightmare
3+ week, 5+ day ago (575+ words) Bessent helped Soros net $1 billion shorting sterling in 1992 and now manages a $40 trillion debt load as Treasury Secretary. Federal net interest costs hit $963 billion in ten months, roughly $3 billion daily, as old sub-2% debt rolls into 4.72% yields. Bessent orchestrated a…...