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The global financial and technological order is changing rapidly, and the U.S. must be at the center of these changes. As China aggressively pushes...
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The global financial and technological order is changing rapidly, and the U.S. must be at the center of these changes. As China aggressively pushes...
Key Points and Summary: The U.S. national debt surpassed $36 trillion in late 2024, highlighting mounting fiscal challenges. Despite this, Donald Trump’s return to...
Key Points and Summary: A fourth round of direct government stimulus checks isn’t on the horizon, despite earlier speculation. Still, roughly one million Americans...
“China’s economy has rebounded and is on an upward trajectory, with its GDP for the year expected to pass the 130 trillion yuan mark,”...
One has to pity Jerome Powell, the Federal Reserve head. At a time when he is trying to secure his legacy by resolving the...
China Gripped by Deflation, Making Desperate Economic Moves: China’s Producer Price Index, measuring factory-gate prices, fell in November year-on-year for the 26th straight month....
Donald Trump’s Poisoned Economic Chalice: Today’s solid employment report, together with a stock market setting records day after day, seems to confirm the conventional...
On paper, Scott Bessent appears to be a fine choice for Treasury Secretary in the incoming Trump administration. Indeed, who could be better qualified...
In early 2008 Ben Bernanke’s Federal Reserve downplayed at great cost the downside risks to the economy coming from the subprime loan crisis. Today,...
One reason to think that the Fed will be mistaken in keeping interest rates high based on backward-looking data is that this policy exacerbates...
Federal Reserve Chair Jerome Powell's stance on maintaining high-interest rates, despite significant inflation reduction, is critiqued amid fears of exacerbating a regional banking crisis...