Page 3 - Daniel Alpert News Today

The war within the House GOP has thrown another wrench into financial markets. Wall Street experts say the political dysfunction behind former Speaker Kevin McCarthy’s (R-Calif.) ouster poses new risks at a time of already heightened fears as the Federal Reserve walks a careful line in its efforts to tamp down inflation. Skyrocketing bond yields…

"Kevin McCarthy is emasculating himself and the Republican majority," one House member said Tuesday.

"It is the bad taste in peoples mouths from spiking gas prices ... thats affecting Bidens approval rating," an economist told Newsweek.

House Speaker Kevin McCarthy has blamed President Biden and Democrats for "reckless spending" but must also persuade his own caucus on the debt limit.

Covid initially drove wages up, especially for working-class people. But that’s over—another illustration of capital’s dethronement of labor.

Rising inflation and yields shouldn't dissuade investors from adding safe haven Treasury bonds to their portfolios. Vanguard has three ETF options.

Treasury rates remain strikingly low, partly because of the safety government debt offers corporations and retirees. Whether that endures is crucial to federal spending.

The Federal Reserve is under intense scrutiny this week as the bank’s monetary policy arm plots a path out of high inflation.

High inflation rates arent bad news for everyone. They can be helpful for debtors -- which in todays world economy means almost everybody.

By Allison Morrow, CNN Business No one likes paying more for stuff. That's why inflation, especially the sharp price increases we've seen in recent months,