You Searched For "federal deficit" and got 20 results
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2 mins read
A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says
A Trump win would likely come with a host of inflationary policies that would make it difficult for…
Kelly Cloonan
2 mins read
Looser regulation would allow business-led growth to relieve the 'massive' deficit burden, BlackRock chief Larry Fink says
"We can do so much as a country right now. But we're inhibited by our controls," BlackRock CEO Larr…
Filip De Mott
3 mins read
Subsidies help a 55-year-old pay $96 a month for health insurance. Her costs could increase 186% if they expire next year.
Lisa Jolly, 55, relies on pandemic-era subsidies to pay for ACA coverage. The subsidies could expir…
John Towfighi
3 mins read
India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn
Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…
PTI
3 mins read
Trump and Harris are pushing proposals that 'ignore economic reality,' billionaire investor Howard Marks says
Billionaire investor Howard Marks scrutinized policies on both sides of the aisle.
Filip De Mott
2 mins read
The possibility of stagflation hitting the US economy isn't off the table, JPMorgan chief Jamie Dimon says
JPMorgan Chase CEO Jamie Dimon said the worst outcome for the US economy is stagflation, and it isn…
Kelly Cloonan
2 mins read
FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience
With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…
PTI
3 mins read
Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help …
Eliza Relman
2 mins read
New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan
Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…
Ayelet Sheffey,Juliana Kaplan
2 mins read
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
2 mins read
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
2 mins read
Trump's 'over-the-top' tariffs will thrust the US back into an era of economic shocks, thank tank expert says
"An across-the-board tariff policy would take us not to a prosperous future but to a reactionary pa…
Filip De Mott
1 min read
Market value of BSE listed companies surges Rs 8.55L crore for the week
The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, w…
2 mins read
Slamming China with tariffs is a mistake, and the US can do one big thing to support key industries, Yale economist says
Placing tariffs on China is a risky way to boost domestic industry. The US should instead focus on …
Filip De Mott
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
2 mins read
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …
PTI
1 min read
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …
Jennifer Sor
2 mins read
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…
Filip De Mott
2 mins read
The US needs to hike taxes or slash social programs to rein in the soaring deficit, but probably won't do either, Paul Krugman says
The US can either hike taxes or slash social programs to rein in its budget deficit. It's unlikely …
Jennifer Sor
7 mins read
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.