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Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
New York Times· 5 days agoEconomists are divided over whether the growing amount of federal borrowing is fueling demand and...
Columbus State budget deficit means layoffs for community college staff
The Columbus Dispatch via Yahoo Finance· 2 days agoColumbus State Community College, facing a greater-than-expected budget deficit, is undergoing...
Plummeting balance in federal crime victims fund sparks alarm among states, advocates
New Jersey Monitor via Yahoo News· 12 hours agoFederal funding for groups that aid crime victims has plunged in recent years. Without a fix,...
RIPEC: McKee’s FY25 budget proposal makes structural deficit worse
Rhode Island Current via Yahoo News· 11 hours agoThe Rhode Island Public Expenditure Council is raising red flags about Gov. Dan McKee’s proposed...
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
Morningstar· 9 hours agoHeading into 2024, bond investors were sitting pretty. Meanwhile, the potential for a slowing economy and expectations for upwards of five interest rate cuts by the Fed offered ...
The Fed’s latest meeting wasn’t just about interest rates. Here’s why you shouldn’t overlook its...
Bankrate via AOL· 1 day agoStubborn inflation is keeping a floor on how low yields can go. As investors — and Fed officials...
Wasteful government spending adds up — and all of us pay the price
Olean Times Herald· 16 hours agoThis should come as no surprise, since excessive deficit spending from Washington remains much too...
More Fed officials ready to say goodbye to low-rate world
Reuters via Yahoo News· 3 days agoThe U.S. economy has held up...a generation, with unemployment low and growth - until recently -...
Jan. 6 defendant who 'fed' officer to Trump mob is sentenced to prison
NBC News via Yahoo News· 1 day agoHis defense also blamed a combination of medications for attention-deficit/hyperactivity disorder...
When trade deficits matter
Politico· 18 hours agoBuckle up — Per Bloomberg, the options market is betting that stocks will “swing wildly” after today’s jobs report, with traders on edge about what it means for the timing of Fed< ...