The global economy is facing a number of headwinds, including rising inflation, slowing growth, and over-indebted real estate markets. These factors are creating a "Minsky Moment" powder keg, which co...
Stocks end week higher as inflation fears ease, but Fed’s rate hikes loom
Stocks rose for the week as signs of cooling inflation boosted investor sentiment. The S&P 500 hovered near its highest close since April 2022 on Friday, after data showed that inflation eased in ...
The Hunter Biden Case: Democrats Accused of Favoritism, Republicans Demand Lawful Handling
Hunter Biden, son of the incumbent President Biden, is making vigorous efforts to dispel the legal clouds overshadowing him ahead of his father’s re-election campaign. Yet, House Republicans are unyie...
Pension Reforms Across the Pond: Lessons from France and the Future of Retirement in the U.S.
Last Friday, French President Emmanuel Macron took a leap of faith by raising the legal retirement age from 62 to 64, bypassing parliament and potentially paving the way for a vote of no confidence. M...
The Drought Dichotomy: Winners and Losers in U.S. Agriculture Amidst the Decade’s Worst Drought
The dry spell has enveloped U.S. agriculture, splitting the sector into those counting their blessings and those counting their losses. With over half of the corn and soybean fields in the country gra...
Understanding the Fallout: How the Supreme Court’s Dismissal of Student-Loan Forgiveness Affects Your Finances
In an unprecedented move, the Supreme Court has overturned President Biden’s student loan forgiveness plan, leaving millions of Americans faced with the reality of repaying their full student debt bal...
The Plow and the Dragon: China’s Influence on U.S. Farming and Food Security
John Boyd Jr., President of the National Black Farmers Association, has sounded an alarm concerning China's growing influence on U.S. farming and food security. Boyd's apprehensions revolve around Chi...
CNN: House passes debt limit deal as lawmakers race to avert default
The US House of Representatives voted overwhelmingly on Wednesday to pass a bill to suspend the nation’s debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default.
The...
Decoding the Inverted Yield Curve: An Ominous Sign for the U.S. Economy?
The financial world is abuzz with talk of an inverted yield curve, and for good reason. This phenomenon has often been a harbinger of economic downturns, triggering fears that the U.S. economy may be ...
WSJ: Biden, McCarthy Work to Put Final Touches on Their Debt-Ceiling Deal
President Biden and House Speaker Kevin McCarthy (R., Calif.) prepared to talk Sunday to iron out the final elements of their agreement to raise the nation’s borrowing limit and planned to release...
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