White House’s Bernstein Warns GOP on Debt Ceiling: An 'Awful Time to Fool Around'
White House chief economist Jared Bernstein warned Republicans against using the debt ceiling as a negotiating tool next year.
Recent
Opinion: Why the Fed, and Jerome Powell, Should Hit the Pause Button on Rate Hikes
“Hasten slowly and ye shall arrive” said the ancient Tibetan poet, Milarepa. The Federal Reserve Board clearly does not share this philosophy.
Suddenly Everyone Is Hunting for Alternatives to the US Dollar
King Dollar facing revolt. Tired of too-strong newly weaponized greenback, some of world’s biggest economies exploring ways to circumvent US currency.
Joe Biden Made the Oil Trade of the Year
It appears US government made oil trade of year: Releasing 180M barrels of crude from Strategic Petroleum Reserve between March and the end of year.
Elon Musk Picks High-Stakes Fight With Sen. Elizabeth Warren
The liberal senator wrote to Tesla's board, inquiring about Musk, amid a revolt among individual investors.
The US Inflation Slowdown Isn't Coming From the Fed's Rate Hikes
Recent US inflation data has been a win for team transitory—the economists who predicted that inflation would come down without interest rate hikes.
Analysis-Investors Bet Fed Will Blink if Recession Hits Despite 'Higher for Longer' Mantra
Some believe expected recession will force Fed to loosen monetary policy, even as central bank projects will raise rates higher than anticipated.
