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A U.S. ‘debt spiral’ could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says
Economy
A U.S. ‘debt spiral’ could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says
By Jason MaFebruary 14, 2026
Kevin Warsh, governor of the U.S. Federal Reserve, smiles during the New York Association for Business Economists luncheon in New York, U.S., on Wednesday, Nov. 7, 2007.
Banking
Another ‘central casting’ central banker: Trump’s pick of Kevin Warsh fits a well-established pattern
By Eva RoytburgJanuary 30, 2026
Kevin Warsh, governor of the U.S. Federal Reserve, speaks during an Institute of International Bankers' luncheon in New York, U.S., on Tuesday, June 16, 2009.
Banking
The new Fed chair’s billionaire father-in-law is a friend of Trump’s from college and has business interests in Greenland
By Eva RoytburgJanuary 30, 2026
Federal Reserve Chairman Jerome Powell walks between meetings at the Fed on January 13, 2026 in Washington, DC.
Banking
Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs
By Eva RoytburgJanuary 28, 2026
Rick Rieder, global chief investment officer of fixed income at BlackRock Inc., listens during a Bloomberg Television interview in New York, U.S., on Friday, Oct. 7, 2016.
Investing
Inside the world of Rick Rieder, the $2.3 trillion insomniac who might soon run the Fed
By Eva RoytburgJanuary 27, 2026
Powell
Economy
Trump slams Fed’s third-straight rate cut as ‘too small,’ saying he wishes it was twice as large
By Christopher Rugaber and The Associated PressDecember 11, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Dec. 10, 2025. Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026.
Economy
Powell warns of a ‘very unusual’ economy as tariffs keep goods inflation high amid a weakening labor market
By Eva RoytburgDecember 10, 2025
Federal Reserve Bank Chair Jerome Powell speaks during the George P. Shultz Memorial Lecture Series at Stanford University on December 01, 2025 in Stanford, California.
Economy
The Fed delivers a rare ‘hawkish cut’ as Powell tries to steady a softening job market
By Eva RoytburgDecember 10, 2025
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution's George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. The Federal Reserve said it was monitoring community and regional banks' commercial real estate loan portfolios amid concerns over "elevated interest rates, tighter underwriting standards, and lower commercial property values." Photographer: Jason Henry/Bloomberg via Getty Images
Economy
‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger
By Eva RoytburgDecember 10, 2025
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution's George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025.
Economy
For Wall Street, pandemic-level bad news for jobs is good news for stocks—it pushes the Fed further into cutting territory
By Eleanor PringleDecember 4, 2025
members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Hassett said that Chinese actions on trade in the last few weeks have been "unacceptable," but there has been "sort of a thawing" in US-China relations in recent days as conversations
Economy
Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,’ sees ‘political bias’ in jobs data, and suggested firing Powell over a renovation
By Eva RoytburgDecember 1, 2025
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Oct. 29, 2025.
Big Tech
Wall Street cheers bad news on jobs, sending stocks higher and betting that a soft labor market will force Powell’s hand in December
By Damian J. Troise and The Associated PressNovember 5, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
Economy
Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
By Eva RoytburgOctober 30, 2025
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025.
AI
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
By Eva RoytburgOctober 29, 2025
US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on October 29, 2025. The US Federal Reserve on Wednesday announced its second consecutive quarter-point rate cut to bolster the flagging labor market, unveiling a decision that highlighted the growing division in its ranks. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
Banking
Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
By Eva RoytburgOctober 29, 2025
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Personal Finance
After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savingsplaceholder alt text
By Marco Quiroz-GutierrezSeptember 22, 2026
Middle East
China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment schemeplaceholder alt text
By Jason MaSeptember 21, 2026
Economy
D.C.'s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000placeholder alt text
By Eleanor PringleSeptember 23, 2026
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