A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.
The president is reportedly drafting an executive order to eliminate the Department of Education. What that could mean for ...
From Habsburg Spain to Trump’s America, there’s no escaping the consequences of spending more on interest payments than on defense.
Jim Bianco of Bianco Research hosted a webinar to discuss the potential for dramatic changes to the global financial system under the Trump administration, including a concept known as the 'Mar-a-Lago ...
Economists cringe when pundits equate national economic issues to household finances. They contend that sound fiscal ...
Far from addressing the massive budget deficits, the GOP-led Congress is on track to make them even bigger. Former Reagan Budget Director David Stockman called it “fiscal fraud.” ...
Worries about a potential glut of U.S. government debt are easing, encouraging investors to buy Treasurys. As a result, yields are weakening. The Fed has indicated it could pause its program to reduce ...
The term ‘Mar-a-Lago Accord’ is a riff on the on the 1985 Plaza Accord and, before that, the 1944 Bretton Woods Agreement, ...
Wall Street nursed a bruising on Walmart's downbeat results, casting a cloud over the U.S. consumer just as more buoyant European markets awaited the weekend's German election. Another blizzard of ...
After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.
Britain's government ran a record budget surplus of 15.4 billion pounds ($19.5 billion) last month, official figures showed ...
James Carville blasted President Trump's economic record during a conversation about Elon Musk, DOGE, and cutting down on ...