A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will break the 13-figure mark. The combination of a bulging deficit, now worth 7% of GDP, and the sharp increase in government-bond yields over the past four years makes America’s budgetary mathematics increasingly ugly.
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 134.15 points or 0.30% to...
Among firearms pastimes, plinking, casual shooting at cans, offers a useful analogy for the Trump administration’s growing military activity in...
Treasury Secretary Scott Bessent expressed confidence Tuesday that a trade deal with China is near.With so-called reciprocal tariffs set to...
Last week, Anthropic, the AI company behind the Claude chatbot, settled a landmark class-action lawsuit for $1.5 billion. The amount...
The BDS (Boycott, Divest and Sanctions) movement appears to be going from strength to strength. As with South Africa, it...
The Federal Reserve is set to lower the target policy interest rate this week in spite of the fact that...
The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.
