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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.
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
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.

"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
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.
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.
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.
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.

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
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
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
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.
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.

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
The Fed Models Were Wrong About The US Economy
In 2025, the mainstream Keynesian narrative that the United States would inevitably experience a rec

Economic Measurement & The Mirage Of Exactness
In contentious political environments, economic data rarely stand as objective measures. They are tr
French Government Collapse Signals Rising Eurozone Debt Risk
French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen
French Government Collapse Signals Rising Eurozone Debt Risk
French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen
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.
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.