Expert See Rates Going Much Higher. Is He Right?
Newsmax » Economy
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7h ago
Recently, James Grant, editor of the Interest Rate Observer, was asked about his outlook for interest rates. He sees interest rates moving in a cyclical pattern, potentially rising for another multi-decade period ..read more
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Central Banks Recalibrate as the Big Easing of 2024 Fizzles
Newsmax » Economy
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7h ago
Six months ago the world's major central banks were primed for a move that anyone with a credit card or hoping to buy a home or run a business would cheer: A global shift to lower interest rates that would make borrowing cheaper and loans more available across the ..read more
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Where Do Our Tax Dollars Go?
Newsmax » Economy
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3d ago
And Why Student Loan Forgiveness Can't Win ..read more
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Consumer Sentiment Falls for 3rd Straight Month on Inflation Concerns
Newsmax » Economy
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3d ago
U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation ..read more
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Legal Abuses Are Costing Americans Billions
Newsmax » Economy
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3d ago
Inflation and supply chain disruptions are two of the most often discussed economic woes facing the American economy, but another often overlooked issue has also made significant contributions to the economic pain that families are feeling today ..read more
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Harnessing the Driving Force Behind Economic Recovery
Newsmax » Economy
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3d ago
How Hispanics in Construction Are a Pivotal Driver of Economic Revival ..read more
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Interest Rates May Have to Go Yet Higher to Lower Inflation to 2%
Newsmax » Economy
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3d ago
News that inflation eased in April cheered markets. The S&P 500 index busted through its previous record high, and the 10-year Treasury rate dropped sharply ..read more
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Yellen: Large China Banks Mindful of US Russia Sanctions
Newsmax » Economy
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4d ago
U.S. Treasury Secretary Janet Yellen said Thursday that she believes the largest Chinese banks are mindful of U.S. sanctions against Russia and do not want to violate them, but added the U.S. will not rule out taking action if it deems it necessary. "I think that the ..read more
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Yellen: Public, Private Investments Needed to Sustain US Growth
Newsmax » Economy
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4d ago
U.S. Treasury Secretary Janet Yellen said Thursday U.S. public investments that attract private capital are crucial to promote sustainable and inclusive growth over the long term, but warned that China's model of massive state industrial subsidies were unacceptable to the ..read more
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Trump Welcomed Back to Captol Hill by GOP Lawmakers
Newsmax » Economy
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4d ago
Donald Trump enjoyed an effusive welcome on his return to Washington Thursday as he rallied support from Republican lawmakers in the wake of his criminal conviction in New York ..read more
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