Time for the grown-ups to halt Mamdani’s fiscal fantasies
I’ve spent enough time in New York City government to know that real fiscal trouble rarely begins with…
Middle East tensions build ahead of Fed
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday,…
Mayor Johnson’s battle with council foes harms taxpayers
Mayor Brandon Johnson has been barnstorming wards around the city in his continued war of words with a…
Mamdani’s tax-&-spend plans leave NYC bond investors leery
At the start of his term in January, Mayor Mamdani had the Big Apple’s lenders in his corner…
U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped, budget watchdog warns
This rom-com formula is now a staple of holiday TV programming: a busy professional from the big city…
traders weigh inflation and recession risks
U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel, fueling fears among…
Normally staid bond investors have a new biggest worry: An AI bubble
Bloom Productions | Digitalvision | Getty Images Fears over artificial intelligence are now hitting bond investors, according to…
IMF urges Japan to avoid cutting sales tax amid higher expected borrowing costs
The International Monetary Fund (IMF) has warned Japan against cutting sales tax when borrowing costs on public debt…
US debt spiral could start soon as 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…
consumer inflation report comes in lighter
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan.…