Browsing: Interest Rates
Buffett says Abel ‘has launched’ after new Berkshire CEO makes $8.5 billion housing bet
Berkshire Hathaway was long teased as the conglomerate that couldn’t find anything worthwhile to buy. Now, as the cash pile…
For decades, the U.S. enjoyed a peculiar privilege: It owed the world a fortune but somehow still collected more than…
Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren’s ‘sock puppet’ criticism
The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world’s most…
The Federal Reserve’s board of governors Kevin M. Warsh takes the reins of the Federal Reserve at a critical juncture…
US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further
The U.S. is now unmatched in a regrettable category. Among rich and spend-happy nations that are globally seen as safe…
Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future lawmakers, although…
‘They left me no choice’: Powell isn’t going anywhere—blocking Trump from another Fed appointee
Federal Reserve Chair Jerome Powell announced Wednesday he will remain on the Fed’s Board of Governors after his term as…
Jerome Powell says you’re right to blame data centers for making your bills more expensive
Fed Chair Jerome Powell acknowledged Wednesday that the AI-fueled data center boom is contributing to inflation, pushing back on the…
Americans are woefully short on saving for retirement—Warren Buffett’s investing advice could help
Larry Fink, CEO of the world’s largest asset management firm, BlackRock, has been on Americans’ case about not saving enough…
US debt spiral could start in coming years when interest rate on borrowing tops GDP growth
Total federal debt is nearing an ominous milestone in a few years, but a potentially more troubling tipping point could…












