Moody’s Slashes US Outlook to ‘Negative’ Due to Too Much Government Spending
The rating agency also cited political brinkmanship in Washington as a factor behind its decision to slash the outlook for U.S. government debt.
Told You So!!! US Debt Interest Bill Rockets Past a Cool $1 Trillion a...
Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows.
IRS Reveals Newly Revised Retirement Contribution Limits for 2024
Contribution limits for retirement plans like 401(k) and IRA have been raised by $500 for the next year, according to a recent update by the IRS.
Federal Reserve Leaves Interest Rates Unchanged But Keeps Open Possibility of Future Hikes
The Federal Reserve left interest rates unchanged at the November Federal Open Market Committee policy meeting, keeping in line with economists' expectations.
JPMorgan CEO Warns ‘Most Dangerous Time’ in Decades Is Here
JPMorgan Chase CEO Jamie Dimon has warned that a confluence of factors—including the Israel-Hamas war—has ushered in the "most dangerous time" in decades.
Fed Minutes Show One More Rate Hike, Then Higher Interest Rates for ‘Some Time’
At their latest policy meeting, Federal Reserve officials were leaning towards one more rate hike and then holding rates high for 'some time.'
Currency of Control: How CBDC Implementation Is Leading to Global Tyranny–Aaron Day
"Central Bank Digital Currency (CBDC) is digital money that’s programmable, that can be monitored by the government, and can be censored by the government."
The US debt situation looks ‘unsustainable,’ and corporate defaults are rising, IMF warns
US debt situation is looking increasingly precarious, and corporate defaults are up as interest rates stay high, according to the International Monetary Fund.
The American People Want to Cut Spending
When polled Americans asked if they want to cut spending to balance the budget and reduce inflation, 78 percent say “yes,” and only 11 percent disagree.
What Happens to Social Security Payments If the Government Shuts Down?
Experts say that some administrative operations at the Social Security Administration would be impacted by a government shutdown—but checks will still be sent.
US Home Prices Continue to Soar, Despite High Mortgage Rates
A new report from Realtor.com indicates that August home prices rose by 0.7 percent, upsetting the previous two months of year-over-year declines.
US Oil Prices Top $90 a Barrel for the First Time This Year, Sparking...
The surge is expected to push gasoline prices up even higher and worsen inflation rates across the economy that are already rising.
