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RARE PHOTOS: 2 | Rare Historical Photos

Scott Bessent A Credible, Safe Pick For Treasury: Experts

Hedge fund manager Scott Bessent is a credible, safe choice for US Treasury secretary -- and one that is likely positive for markets -- observers said Saturday following President-elect Donald Trump's highly anticipated nomination.

International Business Times · Nov 23, 2024

Inflation, housing, immigration, taxes: The Harris-Walz economic policy scorecard

There are some conflicts to resolve between the rhetoric and realities of the emerging Harris-Walz economic agenda.

Fortune · Aug 29, 2024

Kamala Harris' 'Price Gouging' Ban: A New Idea That Has Failed for Thousands of Years

A half-baked idea that is just as dubious as Donald Trump's tariffs.

Reason · Aug 21, 2024

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Spending Recklessly in Good Times Is a Recipe for Disaster in Bad Times

Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise.

Reason · Nov 2, 2023

Israel’s war against Hamas roils Harvard as students, billionaires, and faculty accuse each other of anti-Semitism and McCarthyism

An Israeli billionaire resigned from the board of Harvard’s Kennedy School of Government after a student group’s letter “held the Israeli regime” accountable for the recent terrorist attacks.

Fortune · Oct 13, 2023

US CEOs urge Harvard to name students in groups behind letter blaming Israel for Hamas attacks

Several chief executives called for names to be made public so that they, and others, could know not to hire the students

The Guardian - US · Oct 12, 2023

In 'Bidenomics,' Congress delivered a once-in-generation investment — with political promise, peril

There are so many dots on the maps they blur into blobs – each one reflecting trillions of public and private dollars flowing in the U.S. in a nationwide investment

The Independent UK · Aug 15, 2023

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Former Treasury Secretary Summers Criticizes IRS Provisions In Debt Ceiling Agreement

Summers opposes IRS funding cuts in debt ceiling deal, warns of future deficits and tax cheats' advantage.

Zenger · May 31, 2023

Top Obama economist says we should abolish the debt limit as the current political 'brinksmanship' hurts the economy

The Harvard professor has argued since 2017 that the debt ceiling no longer helps restrain the national debt as intended.

Fortune · May 16, 2023

What you need to know about the debt ceiling as the deadline looms

What is the debt ceiling? What could happen if it's not raised? Here are answers to questions you may be asking about the debt limit and the fight over it.

WEKU · May 15, 2023

U.S. inflation is hard to whip. Here's why.

For the first time in decades, the long-term forces shaping the world economy look inflationary.

Axios · May 13, 2023

Harvard economist says more interest rate hikes could be coming after a strong jobs report

Yet another strong jobs report is pushing some economists to say the economy could weather more Fed interest rate hikes.

Fortune · May 5, 2023

Harvard economist Jason Furman says the Fed shouldn’t flinch in its inflation fight—unless the ‘turmoil spreads within the financial system’

We haven’t learned anything “particularly reassuring in the last three and a half weeks” about inflation even amid the banking crisis, Furman told CNBC.

Fortune · Mar 31, 2023

Inflation Isn't Going Away

Prices rose by 0.4 percent in February and core inflation was up 0.5 percent, the third consecutive month that it has increased.

Reason · Mar 14, 2023

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Fortune · Mar 13, 2023

Top Obama economist has a 3-point plan to prevent more bank failures

SVB’s collapse is dangerous to a stable financial system, and a blueprint of what banking should not do.

The Guardian - US · Mar 13, 2023

Avoiding the ‘B-word’: is the US response to SVB’s collapse a bailout?

Given the antipathy towards Wall Street bailouts in the 2008 crisis, Biden is at pains to stress that ‘no losses’ will be borne by taxpayers

Reason · Mar 10, 2023

Wages Are Rising for Low-Skill Workers, Driving Down Poverty and Inequality

Plus: "Flipping the proverbial bird is a God-given" right, administrative state abuses, and more...

The Independent UK · Mar 6, 2023

Inflation pressures put Powell in spotlight before Congress

When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing

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Tribune News Service · Mar 1, 2023

Powell’s debt-limit alarm echoes stealth lobbying effort in 2011

In the worst political showdown over the U.S. debt limit to date, a little-known former Treasury official in 2011 helped convince lawmakers that raising the ceiling was the only option. He’s back at it now, but from a much higher perch: chair of the Federal Reserve.

Tribune News Service · Jan 28, 2023

Biden faces GOP debt showdown with bitter memory of 2011 crisis

WASHINGTON — Joe Biden was there in 2011 when Democrats tried to negotiate the type of broad deficit-reduction plan that GOP lawmakers are once again demanding as a condition of raising the federal debt ceiling.

Fortune · Dec 8, 2022

Harvard economist Jason Furman warns the U.S. economy could be headed for an ‘incomplete hard landing’. Here's what that means

Furman says a "soft landing" isn't the most likely outcome for the U.S. economy. Rising wages are creating a nightmare for the Fed that will lead to something much worse.

Reason · Oct 31, 2022

Don't Bet on Inflation Going Away Soon

"The history of developed countries since 1970 is very discouraging about the prospects of bringing down 8 percent inflation," says Larry Summers.

The Independent UK · Oct 9, 2022

Biden preaches patience to voters spooked by economic tumult

When it comes to reassuring Americans about an economy that's an election-year challenge to his party, President Joe Biden is telling the country to hold on

Salon · Sep 21, 2022

Can Larry Summers please shut up now?

Former Harvard president has been playing inflation Cassandra on TV for months. Can we hear other views?

Reason · Sep 20, 2022

Expected Interest Rate Hike Will Add $2 Trillion to the Deficit

So much for the idea that low interest rates meant the government could borrow endlessly with no consequences.

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