menu_open Columnists
Eleanor Pringle

Eleanor Pringle

Fortune

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Unrest in France looks like a ‘pretty big foreshadowing’ to economists nervously eyeing national debt at 126% of GDP

"To me, the biggest warning sign from France is really not just the K-shaped economy effect, but the generational effect that's going on and to see...

latest 10

Fortune

Eleanor Pringle

Bill Gates believes a billionaire’s tax is the only option in the age of AI—and ‘whatever’s left over’ can be used as a philanthropic safety net

"The primary responsibility of dealing with inequality will always rest with governments."

previous day 6

Fortune

Eleanor Pringle

Congress’s first task post-midterms is to figure out how to keep funding America—and that’s before it addresses the $40 trillion national debt

"Washington should heed the demand of voters to focus on issues impacting their pocketbook while also living up to the responsibility entrusted in...

thursday 20

Fortune

Eleanor Pringle

Wall Street seeks shelter in Treasuries as midterms threaten to throw Washington into a fiscal gridlock

"Fiscal gridlock seems the likely default."

04.11.2026 7

Fortune

Eleanor Pringle

Wall Street is bracing for a fresh wave of tariffs, Iran action (and potentially a government shutdown) after the midterms

"Does the Republican Party divide over MAGA-related issues, and does President Trump escalate hostilities in the Gulf War with wider economic...

03.11.2026 20

Fortune

Eleanor Pringle

Apollo doesn’t care what you wear to the office—and gives interns a better office view than CEO Marc Rowan

Everything you need to know before you reach the office this morning.

02.11.2026 20

Fortune

Eleanor Pringle

The Fed’s decision to hold interest rates steady helps Warsh deny Tehran a say over monetary policy

The seemingly at-odds data and consensus policy response are essentially a geography problem: The key source of the FOMC's inflation headache lies in...

29.10.2026 20

Fortune

Eleanor Pringle

Over the next decade, the U.S. Treasury will spend $20 trillion in interest on the national debt—$200 billion a month by 2036

"The challenge for me is I can't say for sure what is the deadline, when do we need to act. That's something members want to know, and we don't know,...

28.10.2026 30

Fortune

Eleanor Pringle

Don Kohn’s infamous ‘death march’ hikes were referenced in Kevin Warsh’s Jackson Hole speech—now the Fed veteran is weighing the chairman’s path ahead

"The hiking ... was an important chance to trade ideas, find out what's going on inside another central bank, what they're thinking about."

28.10.2026 20

Fortune

Eleanor Pringle

Trump said China was headed for ‘big trouble’—instead, its economy is growing faster than the U.S. and its deficits are moving in the right direction

Goldman Sachs's Hui Shan noted over the weekend that China’s Q3 real GDP grew 4.5% year-on-year, slightly above the consensus expectation of 4.4%.

26.10.2026 10

Fortune

Eleanor Pringle

Michael Burry of the ‘Big Short’ was asked to give advice to Gen Z: Buy half the house you can afford, and if it ‘flies or floats, rent it’

"Art in the eye of the beholder is cheap," wrote Burry.

23.10.2026 20

Fortune

Eleanor Pringle

Central banks around the world are quietly stockpiling four times more gold than usual and are moving it out of the U.S.

Central bank holdings at the New York Fed declined 40 tonnes in August, Goldman added, while holdings at the Bank of England rose 46 tonnes.

22.10.2026 100

Fortune

Eleanor Pringle

America’s national debt plan is ‘clearly not in order,’ says Ken Griffin—he believes part of the problem is Europeans who ‘don’t want to go to work’

"We're not going to get out of these waters by torturing each other. We're going to get out of these waters by making the pie bigger for all of us."

21.10.2026 10

Fortune

Eleanor Pringle

Ken Griffin says Trump’s plan for America First was always doomed to fail: ‘Most people don’t want to live that dream’

"To be blunt, like, I hate to say it, but I've been right."

21.10.2026 20

Fortune

Eleanor Pringle

No wonder the White House wants Warsh to cut: A 1% Fed rate hike costs the Treasury an extra $95 billion a year in national debt interest

"Even if primary deficits remain largely unchanged, the growing interest burden materially increases the government's financing needs," the analysts...

20.10.2026 10

Fortune

Eleanor Pringle

The U.S. national debt is approaching the point where bond traders see ‘mounting risk’ of a ‘vicious cycle,’ Moody’s top economist says

"A vicious cycle threatens to take hold, with higher rates adding to the interest payments and debt load, which in turn pushes rates up even more."

19.10.2026 30

Fortune

Eleanor Pringle

Kevin Warsh’s Fed has a rent problem: Higher rates could fuel a ‘doom loop’ in housing, top economist warns

"Re-acceleration in rents is a problem for the Fed because it puts upward pressure on inflation driven by higher rates."

05.10.2026 20

Fortune

Eleanor Pringle

Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt

"You know, inflation, certain levels of inflation will also pay off that debt very rapidly. Very rapidly."

02.10.2026 550

Fortune

Eleanor Pringle

8 in 10 Gen Z and millennials have two jobs to make ends meet, Goldman Sachs finds, as the affordability crisis ‘crowds out’ any retirement hopes

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...

01.10.2026 30

Fortune

Eleanor Pringle

U.S. added 90,000 jobs last month, says ADP—including in manufacturing and construction, where trade bosses say six-figure jobs are sitting empty

"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...

01.10.2026 60

Fortune

Eleanor Pringle

You’re more likely to live paycheck to paycheck if you earn less than $50K—or more than $500K—Goldman Sachs says

Lower-income individuals are struggling with day-to-day expenses, while higher-earners were dealing with costs like caregiving and housing.

30.09.2026 300

Fortune

Eleanor Pringle

AI may prove disinflationary because agents can negotiate contracts and deals to make your life cheaper, says top economist

Personalized AI agents "could ultimately be an important competitive, and disinflationary, force across the economy," Prof. Siegel wrote.

29.09.2026 40

Fortune

Eleanor Pringle

The economist who coined the phrase ‘Magnificent 7’ says the very thing that made them extraordinary is under threat

"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...

28.09.2026 30

Fortune

Eleanor Pringle

U.S.-Iran conflict is causing unexpected problems for Americans: 65% of employees want jobs that help them avoid paying higher gas prices

23% of employed Americans told a survey they were on the hunt for a role closer to home.

25.09.2026 40

Fortune

Eleanor Pringle

Kevin Warsh might have to get a lot less popular on Capitol Hill as bond yields soar and rate expectations turn hawkish

"The direction of crude oil prices still bears on what happens to inflation globally and the decisions taken by central banks in response."

24.09.2026 50

Fortune

Eleanor Pringle

D.C.’s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000

"Deficit reduction can further reduce inflation by lowering self-reinforcing inflation expectations to the extent it reduces the likelihood that...

23.09.2026 80

Fortune

Eleanor Pringle

U.S. demand for Novo Nordisk’s weight loss drugs is so huge that the Danish central bank just doubled the nation’s entire growth forecast

"The growth is mainly due to Novo’s sales and production in the U.S. market at the beginning of this year."

23.09.2026 90

Fortune

Eleanor Pringle

If AI is going to destroy humanity, Scott Bessent says hyperscalers, not government, must take the fall: ‘We cannot absolve you of responsibility’

"That's good business for them, bad business for the American people."

22.09.2026 40

Fortune

Eleanor Pringle

Bulls and doomers are both right, says Ray Dalio—AI will be ‘miraculous’ for productivity but fuel a ‘devastating’ bubble and wealth inequality

"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...

22.09.2026 50

Fortune

Eleanor Pringle

Billionaire YouTuber MrBeast spent $10 million building a village in Ghana—he says viewers watch philanthropy videos less but ‘I’ll keep making them’

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...

21.09.2026 20

Fortune

Eleanor Pringle

Elon Musk’s mom isn’t fussy about where she sleeps either—Maye Musk stays in a garage when she visits the Tesla CEO in Texas

"I can sleep there, or 45 minutes to go in a suite in a hotel. No, I'll sleep in the garage."

21.09.2026 200

Fortune

Eleanor Pringle

U.S. Treasury’s bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch

"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...

21.09.2026 40

Fortune

Eleanor Pringle

‘It’s a raise against Trump:’ Despite inflation being ahead of target for five years, Trump says the Fed’s latest hike is political

"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...

17.09.2026 40

Fortune

Eleanor Pringle

Trump may insist war in Iran is ‘small potatoes’—but it’s costing $3 billion a month, with $38 billion already spent, reports budget watchdog

These funds reflect the cost of replacing expended munitions and equipment lost in battle, the CBO wrote, as well as increased flying hours, increased...

16.09.2026 40

Fortune

Eleanor Pringle

As 10-year Treasury yield hits 5%, debt hawks are eyeing a national debt spiral: ‘If this isn’t a wake-up call, I don’t know what will be’

"A fiscal crisis, once unthinkable, is now a distinct possibility."

15.09.2026 50

Fortune

Eleanor Pringle

Scott Bessent warned the bond market ‘has taken down more governments than howitzers’: That theory may give the Fed’s Warsh room to breathe this week

"Look, the president understands—he and I have talked about it quite a bit—... the bond market has taken out more governments than howitzers."

14.09.2026 40

Fortune

Eleanor Pringle

‘If the Bloomberg Terminal bros are unhappy with what I’m doing, that’s too bad’: Bessent says he’ll continue ‘ignoring the noise’

"I'm not sure where the beef is," Bessent said.

11.09.2026 90

Fortune

Eleanor Pringle

As the U.S. Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches a $1.3 trillion payout to voters if Republicans win the midterms

For the past 11 months, the CBO reported yesterday, the U.S. Treasury has spent $1.05 trillion servicing national debt—approximately $95 billion...

10.09.2026 50

Fortune

Eleanor Pringle

U.S. national debt increased by $5.1 million a minute over the past year—that’s $117,279 for every American

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.

09.09.2026 60

Fortune

Eleanor Pringle

The world now has more people aged 65 and over than children under 5—but America is actually getting younger relative to the rest of the globe

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...

08.09.2026 40

Fortune

Eleanor Pringle

As Wall Street shifts expectations towards a Fed rate hike, the White House turns up the pressure on Warsh’s central bank

"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.

07.09.2026 50

Fortune

Eleanor Pringle

AI’s productivity boom will likely create a ‘winner-takes-all’ economy, top EY economist warns

Everything you need to know before you reach the office this morning.

04.09.2026 50

Fortune

Eleanor Pringle

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

The move to improve liquidity of gold is "not normal behavior," said UBS's Paul Donovan.

03.09.2026 40

Fortune

Eleanor Pringle

Single Americans want potential partners earning at least six figures, according to new study—Millennials set the ‘ideal’ bar at $160,000

They say you can't put a price on love—but in today's economy, it might be common sense.

02.09.2026 40

Fortune

Eleanor Pringle

Chicago Fed’s Austan Goolsbee wants to get back to ‘old school’ economics: Focused on ordinary Americans, mindful of AI hype, and sharp on inflation

EXCLUSIVE: "If there were going to be something that shook the consumers, it would shake the economy," President Goolsbee tells Fortune.

02.09.2026 87500

Fortune

Eleanor Pringle

Kevin Warsh finally threw Wall Street some crumbs on what he’s thinking: ‘There is one signal nobody can miss: 65 months of elevated inflation’

But make no mistake: "We should not indulge a regime in which market participants are looking primarily to the Fed for their next trade."

28.08.2026 40

Fortune

Eleanor Pringle

Dolly Parton’s advice on running a successful, sprawling business empire: ‘Rely on “higher wisdom,” look your best, and don’t boss anyone around’

“I just try to put people that are smarter than me in all the right places, and then I go on about my business.”

28.08.2026 20

Fortune

Eleanor Pringle

‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout

"I love the heck out of Bill ... but I don't see what he sees," Huang said.

28.08.2026 70

Fortune

Eleanor Pringle

Wilbur Ross led trade talks with Canada in Trump’s first term—he says it’s more difficult now because Canadians simply don’t like the U.S. as much

"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."

27.08.2026 60

Fortune

Eleanor Pringle

Dolly Parton’s advice for running her sprawling business empire at 78: ‘Rely on “higher wisdom,” look your best, and don’t boss anyone around’

“I just try to put people that are smarter than me in all the right places, and then I go on about my business.”

26.08.2026 20

Fortune

Eleanor Pringle