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The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher

Ten- and 30-year Treasury yields rose this week after the central bank cut its short-term interest rate.

Industriya 09-20

Germany's Moment Of Fiscal Failure – Record €503BN Budget Passed

The Bundestag on Thursday passed the 2025 budget with the votes of the CDU, CSU, and SPD. The bottom

Industriya 09-20

Steve Bannon floats idea of Bessent running both Treasury and the Fed

White House confidante Steve Bannon has an unusual solution for who should take over as Federal Reserve Chair Jerome Powell next year.

Industriya 09-20
"Lost Control" - Surprise UK Budget Deficit Blowout Batters Sterling & Gilts

"Lost Control" - Surprise UK Budget Deficit Blowout Batters Sterling & Gilts

The fiscal farce in the UK went from bad to worse this morning as government borrowing came in signi

Industriya 09-19

Germany was billed as Europe's growth driver. Now economists are saying: Not so fast

Germany was a hub of excitement earlier this year amid high hopes of an economic rebound — domestically, and across Europe.

Industriya 09-19

Germany was billed as Europe's growth driver. Now economists are saying: Not so fast

Germany was a hub of excitement earlier this year amid high hopes of an economic rebound — domestically, and across Europe.

Industriya 09-19

Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Industriya 09-18

Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Industriya 09-18
Rothschild Family Exploring Sale Of Their Stake In The Economist Magazine

Rothschild Family Exploring Sale Of Their Stake In The Economist Magazine

British magnate Lynn Forester de Rothschild is considering the sale of a long held family stake in T

Industriya 09-18

Claude Creator Anthropic Reveals the Jobs Most Likely To Use AI

The AI giant's new report shows where and how Americans are using AI at work

Industriya 09-18

Wall Street Reacts To Powell's "Risk-Management" Rate Cut

As Powell begins his presser, Wall Street's kneejerk comments start coming in to what the Fed Chair

Industriya 09-17

Sticky UK inflation unlikely to move the needle for Bank of England

The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.

Industriya 09-17

Sticky UK inflation unlikely to move the needle for Bank of England

The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.

Industriya 09-17
Appeals Court Rules Trump Can't Fire Cook, As Miran Wins Fed Confirmation By 1 Vote Margin

Appeals Court Rules Trump Can't Fire Cook, As Miran Wins Fed Confirmation By 1 Vote Margin

A US appeals court issued an 11th ruling, blocking President Trump from removing mortgage-challenged

Industriya 09-16

The Fed Models Were Wrong About The US Economy

In 2025, the mainstream Keynesian narrative that the United States would inevitably experience a rec

Industriya 09-15
Economic Measurement & The Mirage Of Exactness

Economic Measurement & The Mirage Of Exactness

In contentious political environments, economic data rarely stand as objective measures. They are tr

Industriya 09-13

French Government Collapse Signals Rising Eurozone Debt Risk

French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen

Industriya 09-12

French Government Collapse Signals Rising Eurozone Debt Risk

French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen

Industriya 09-12

UK economy stalls in July, as slowdown sets in

Economists expect a slowdown to take hold of the U.K. in the latter half of 2025.

Industriya 09-12

UK economy stalls in July, as slowdown sets in

Economists expect a slowdown to take hold of the U.K. in the latter half of 2025.

Industriya 09-12

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