The Q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the US economy intact. However, risks like geopolitical tensions and persistently high inflation remain. Article ...
Trump’s policy agenda, on the face of it, looks the riskiest. His fiscal, trade and immigration policies look inflationary. However, he is also likely to be more supportive of US business interests, especially for the traditional energy sector. This means he will likely calibrate his policies...
While there has been much attention given to the US budget deficit in the last month, very little has been given to the likely trade deficit in this new fiscal year. This is a bad omission, because the evidence is that a budget deficit, before adjusting for variations in savings drives th...
While the Democrats may practise more restraint on the fiscal front, Harris’s fiscal expansionary policy proposals are still expected to grow federal debt by USD3.5tn through 2035. Notwithstanding that this figure is smaller than the projections under a Trump presidency, there is still a substantia...
A multi-millionaire Indian-American bio-tech entrepreneur who has flirted with politics for only a few years formally threw his hat into the 2024 US Presidential election on Tuesday, boldly announcing that he is seeking the Republican presidential nomination. Vivek Ramaswamy is only 37, but he se...
By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy. Investing Glossary Economies of Scale Definition Here is a comprehensive definition of the important economic and business term economies of scale.Glenn FydenkevezMarch 6, 2024 Venture Capital Definition PEG Ratio ...
The federal deficit in fiscal year 2024 was $1.8t, equal to 6.4% of GDP, while the total US federal debt held by the public reached historically high levels just above 100% of GDP at the end of fiscal year 2024. Under current law, the CBO estimates that 75% of the increase...
A Mississippi House committee has advanced a bill that would send taxpayer money from public to private schools Associated PressFeb. 5, 2025 Women Represent Half of the US. but They Sometimes Lack Clout in Budget and Tax Talks Women represent half of the U.S. population ...
Last but not the least important part of the packge is to further increase support for key groups. For instance, the country will raise the standards of financial aid for college students. China’s counter-cyclical adjustment in fiscal policy is not limited to the aforementioned four parts of ...
On Dec 22, Biden signed into law the National Defense Authorization Act for Fiscal Year 2024, which authorizes the US secretary of defense to create a military training program for Taiwan. Chinese Ambassador to the US Xie Feng recently urged the US side to "move with us in the same directio...