Michael Englund News Today

EDITORS NOTE: The year 2023 was a time that brought changes to the area  — and often controversy.

Lower inflation, falling rates and a soft landing are in the cards, according to the respondents to the CNBC Fed survey.

Economists and market strategists are foreseeing further worldwide ripple effects from the Middle East conflict, watching to see if the situation draws in...

WASHINGTON: Economists and market strategists are anticipating further ripple effects globally from the Middle East...

Israeli tanks are seen in Kibbutz Biri in southern Israel on October 14, 2023 following a massive incursion by Hamas militants from the Gaza Strip.

Many experts say long-term federal debt – now more than $31 trillion – looms as a threat to U.S. fiscal health.

Fitch Ratings has downgraded US government credit from AAA to AA+ based on the medium-term fiscal outlook characterised by rising deficits and government debt. The downgrade is a signal that the US needs to get its budgetary process in order ahead of what looks like another political fight this fall, and although the Federal Reserve no longer expects a US downturn, Fitch expects a mild recession in the US in the fourth quarter this year and first quarter of 2024. US debt is predicted to reach 11...

(Bloomberg) -- The move by Fitch Ratings to downgrade US government credit has put a renewed focus on the nation’s debt trajectory, just when the world’s largest economy is shaking off forecasts for a looming recession.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After...

A new model called HANK recognizes that one person can’t possibly represent all.

Jamie Dimon, CEO of JPMorgan, is so concerned about inflation that he will not invest Wall Street bank money. Homebuyers are pulling out of the market amid a