Treasury yields fell Thursday, after an eagerly awaited U.S. December consumer-price index reading showed inflation continued to slow, in line with expectations. What’s happening The yield on the 2-year Treasury Read more
Tag: Government Finance
Trump warns sharing his tax returns will ‘lead to horrible things for so many’
“‘The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people.’” That was former Read more
Trump’s tax returns are now public
The U.S. House Ways and Means Committee released six years of former President Donald Trump’s tax returns on Friday. Experts will be looking closely at large business losses reported by Read more
Federal spending bill’s pandemic provisions: more public health data, no investigation into COVID’s origin
COVID-19 cases are once again rising in the U.S., but how prepared are we for the next pandemic? That’s a question worth asking. The $1.7 trillion omnibus spending bill presented Read more
Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and signaled more tightening next year. The half-point increase brings the Fed’s federal funds rate up Read more
Best stock picks for 2023: Here are Wall Street analysts’ favored choices
Following a sharp and sustained rise in interest rates, U.S. stocks have taken a broad beating this year. But 2023 may bring very different circumstances. Below are lists of analysts’ Read more
Trump Organization found guilty in executive tax-fraud scheme
NEW YORK — Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the Read more
Treasury yields retrace a portion of latest dive as Fed official sounds warning
Bond yields rose on Monday as a Fed official called for caution on optmism that inflation may have peaked. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.386% rose Read more
U.S. budget deficit narrows sharply in October
The numbers: The U.S. federal budget deficit narrowed to $87.8 billion in October, down from $165.1 billion in the same month last year, the Treasury Department said Wednesday. This is Read more
Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That’s because what’s been driving income inequality in the Read more