June 2025 fiscal flows signal short-term caution and likely SPX declines in July, but liquidity unlocks and Fed rate cuts ...

People have been wringing their hands about the US’ imminent debt crisis for decades now. But the US weathered the 2008 financial crisis and remains standing. It also has never defaulted on its debts.

"I, like many other longtime doves, am joining the hawks, because our nation’s budget math just got a lot more dangerous." ...

Illumina's divestiture of GRAIL boosts financials, while strong gross margins and DNA sequencing growth drive potential. See ...

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...

The Fourth International Conference on Financing for Development concluded today in Sevilla, Spain, with 130 initiatives turning the Sevilla Commitment or Compromiso de Sevilla into action through ...

President Trump's "big, beautiful bill" includes major changes to federal spending and tax policies. The Congressional Budget ...

You’ve no doubt heard the phrase, “Minsky Moment.” It refers to the ideas of economist Hyman Minsky, who studied financial ...

The enormous surge in the national debt comes as Congress and President Trump approved the latest omnibus spending bill, ...

Financial market participants have pushed out yet again the end date for the effort to shrink the size of the Federal Reserve ...

The U.S. government’s debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...