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Eleanor PringleFortune |
"Re-acceleration in rents is a problem for the Fed because it puts upward pressure on inflation driven by higher rates."
"You know, inflation, certain levels of inflation will also pay off that debt very rapidly. Very rapidly."
69% of Gen Z respondents told Goldman Sachs they find it difficult to focus at work because they worry about debt or household costs, as did 67% of...
"It's a manufacturing hiring spree that is limited by worker sentiment and preferences about timing of work, not just working in those fields as...
Lower-income individuals are struggling with day-to-day expenses, while higher-earners were dealing with costs like caregiving and housing.
Personalized AI agents "could ultimately be an important competitive, and disinflationary, force across the economy," Prof. Siegel wrote.
"Let's not forget that the Mag7, the hyperscalers, whatever you want to call them, part of the reason to say they're magnificent is because they made...
23% of employed Americans told a survey they were on the hunt for a role closer to home.
"The direction of crude oil prices still bears on what happens to inflation globally and the decisions taken by central banks in response."
"Deficit reduction can further reduce inflation by lowering self-reinforcing inflation expectations to the extent it reduces the likelihood that...
"The growth is mainly due to Novo’s sales and production in the U.S. market at the beginning of this year."
"That's good business for them, bad business for the American people."
"It is going to be one of the biggest productivity-enhancing, changing-the-world forces, and also a bubble that is going to have devastating effects...
Donaldson wrote on social media platform X that his 14-year career on YouTube so far had been leading up to the humanitarian project, which took eight...
"I can sleep there, or 45 minutes to go in a suite in a hotel. No, I'll sleep in the garage."
"This can backfire because the market will look at this and say, 'Well, the fact that you need to come out and say and do these things implies that...
"The problem they have is that we have the greatest economy in history ... so they're raising that only for political reasons, and that's a raise...
These funds reflect the cost of replacing expended munitions and equipment lost in battle, the CBO wrote, as well as increased flying hours, increased...
"A fiscal crisis, once unthinkable, is now a distinct possibility."
"Look, the president understands—he and I have talked about it quite a bit—... the bond market has taken out more governments than howitzers."
"I'm not sure where the beef is," Bessent said.
For the past 11 months, the CBO reported yesterday, the U.S. Treasury has spent $1.05 trillion servicing national debt—approximately $95 billion...
The rate of debt growth averages around $7.35 billion a day, a JEC report adds, or $306.4 million per hour—$5.11 million per minute.
The Census Bureau found that in 2025, the United States ranked as the 48th-oldest country out of 227 countries. By 2060, the U.S. will fall to 110th...
"High interest rates put the U.S.A. at a very unfair disadvantage, and I won’t allow that to happen!" Trump wrote on Truth Social.
Everything you need to know before you reach the office this morning.
The move to improve liquidity of gold is "not normal behavior," said UBS's Paul Donovan.
They say you can't put a price on love—but in today's economy, it might be common sense.
EXCLUSIVE: "If there were going to be something that shook the consumers, it would shake the economy," President Goolsbee tells Fortune.
But make no mistake: "We should not indulge a regime in which market participants are looking primarily to the Fed for their next trade."
“I just try to put people that are smarter than me in all the right places, and then I go on about my business.”
"I love the heck out of Bill ... but I don't see what he sees," Huang said.
"The Canadians have adopted a very negative attitude toward the U.S. in general, and we can argue, is that justified? Is it not? It doesn't matter."
“I just try to put people that are smarter than me in all the right places, and then I go on about my business.”
"The tax system nudges you toward replacing people with machines."
"I believe we need time to prepare for the period of social, political, and economic upheaval we are about to enter."
"If you tell the debt markets: 'Hey, we think we're gonna be able to grow our way out of this,' and then a year later they're not seeing any...
"If we continue to see growing disparity in income, you risk unrest and further division, which is the most expensive tax on every business."
"The more that men can credibly signal they will be dependable ' dads' and not disappointing 'duds,' the more investment in women’s education and...
"What do I know that the market doesn’t know?"
"Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all Americans."
"To anyone who cares about America, about democracy and our future, in my view, this is already a crisis," Michael Peterson told Fortune.
"He wants the Fed to think in terms of the bigger picture ... and people are finding that frustrating, but I think he's been very, very clear."
"These jobs are typically ones that are very difficult, very arduous jobs that require a lot of physical hardship, and the native-born workers just...
The CBO reported that net interest on public debt totaled $963 billion between October 2025 (when the fiscal year begins) and July 2026.
"Good-hearted Americans, they're not happy with that either. They don't like to see their fellow citizens suffering at all," the J.P. Morgan Chase CEO...
"I wish them the best. They will, over time, do the right thing," Dimon said.
"I can say here definitively, the K-shaped economy is over."
"Even without providing explicit forward guidance, central bankers still have an obligation to explain the economic framework behind their decisions....
"To oversimplify: you could argue that U.S. deficits are, in effect, being increasingly funded by its tech sector."