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News
Prediction Markets Assign 67-71% Odds to Fed Holding Rates Steady in September
12+ hour, 39+ min ago (0+ words) ...
U.S. Debt Refinancing Burdens Grow as Treasury Yields Reach Multi-Decade Peaks
2+ week, 6+ day ago (22+ words) U.S. debt is growing rapidly and now requires the Treasury to refinance enormous sums of maturing obligations at elevated interest rates....
President Trump Urges Fed to Cut Rates to Secure World's Lowest Borrowing Costs
3+ week, 15+ hour ago (206+ words) President Trump is urging the Federal Reserve to slash interest rates sharply so the United States can boast the world’s lowest borrowing costs. He made the remarks aboard Air Force One, reports Reuters. “Rates should be lowered… We have other…...
Kansas Leads Nation in Financial Distress While Maine Residents Enjoy Least Strain
3+ week, 5+ day ago (262+ words) Financial pressures hit residents harder in some states than others nationwide amid rising inflation, changing unemployment levels and other factors. Kansas ranks as the state with the highest levels of financial distress based on credit scores, distressed accounts, bankruptcy filings…...
Americans Cut Paycheck-to-Paycheck Living to Five-Year Low Yet Anxiety Over Economy Holds Steady
3+ week, 5+ day ago (20+ words) The share of Americans reporting that they are living paycheck to paycheck has sharply plunged over the last year....
US Wealth Gap Reaches Highest Level in 100 Years
3+ week, 6+ day ago (246+ words) Wealth concentration in the United States has reached extremes not witnessed in 100 years. The richest 0.00001% of Americans now own 12% of national income, triple the Gilded Age peak, reports Moneywise. Economist Gabriel Zucman highlights that in 1910 the figure stood at just…...
Foreign Investors Pour Near Record-Breaking $121,000,000,000 Into US Stocks in One Month
4+ week, 13+ hour ago (217+ words) Overseas private investors are flooding US equity markets with unprecedented capital, according to analysts at the capital markets newsletter The Kobeissi Letter. Foreign private sector net purchases of US stocks rose $35.2 billion month-over-month in May to reach $121 billion, the second-largest…...
US National Debt Hits Record $34,500,000,000,000 As Analysts Urge Immediate Action, Warn Outlook 'Projected to Deteriorate Further"
1+ mon, 9+ hour ago (0+ words) ...
Billionaire Investor Who Accurately Called Dot-Com Bubble Issues Urgent Stock Market Warning, Says Equities Could Decline by up to 70%
1+ mon, 2+ week ago (28+ words) Billionaire investing legend Jeremy Grantham is issuing a dire warning on US equities, believing stock values could witness a massive collapse similar to the dot-com bubble....
Trump Blasts Fed, Says 'Horrible Derangement Syndrome' on Growth and Inflation Has Infected Central Bank
1+ mon, 2+ week ago (0+ words) ...