Jack McGeever

Big Tech Throws Wrench Into Uncle Sam’s Plans To Fund Debt Deluge

Washington is facing a growing challenge in the bond market as investors demand higher returns to lend money to the…

1 month ago

America’s Fiscal Demise Could Be Coming Sooner Than You Think

The U.S. federal budget is heading toward a fiscal crisis beginning in 2030, driven by automatic spending obligations and an…

1 month ago

Economic Alarm That Foreshadowed 2008 Crisis Is Blaring Again

The 30-year U.S. Treasury yield climbed to its highest level since 2007 Monday as investors grew jittery over the federal…

1 month ago

Retail Sales Suffer Biggest Drop In More Than A Year As Iran War Casts Shadow Over Economy

Americans sharply pulled back on retail spending in July even as inflation remained elevated, raising fresh questions about whether the…

1 month ago

Corporations Pocket Tariff Refunds To Pad Their Balance Sheets

Major corporations are raking in billions from tariff refunds that are improving their balance sheets following a major Supreme Court…

1 month ago

Uncle Sam Brought Home The Bacon Last Month. But There’s A Catch.

The federal government collected $334 billion in revenues in July while burning through $766 billion, according to Treasury Department figures…

1 month ago

Tech Giants Digging Deeper Debt Hole To Reach AI Dreams

Nvidia and a group of major investment firms announced Monday they were launching a $500 billion financing initiative to fund…

1 month ago

Bank CEO Says Clock Is Ticking On Dollar’s Dominance—But Iran War May Turbocharge His Timeline

The dollar’s decades-long reign as the world’s reserve currency is facing a darkening outlook as JPMorgan Chase CEO Jamie Dimon…

2 months ago