US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
Powell To Congress: Fed 'Not There Yet' On Inflation, CPI 'Above Every Forecast,' US Debt Path 'Unsustainable'
Federal Reserve Chair Jerome Powell reiterated a firm stance on the central bank's monetary policy path on Wednesday, ...
cryptopolitan9h
Elon Musk’s DOGE might fail American’s Debt Clock – It “is terrifying”
Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
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WATCH: Powell says Trump’s calls for lower interest rates won’t affect Fed’s decisions
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.