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The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …
Filip De Mott
Looser regulation would allow business-led growth to relieve the 'massive' deficit burden, BlackRock chief Larry Fink says
"We can do so much as a country right now. But we're inhibited by our controls," BlackRock CEO Larr…
Filip De Mott
India's trade deficit expected to decline further: Economic Survey
The Survey said that though ongoing geopolitical headwinds impacted India's merchandise exports, lo…
PTI
Slamming China with tariffs is a mistake, and the US can do one big thing to support key industries, Yale economist says
Placing tariffs on China is a risky way to boost domestic industry. The US should instead focus on …
Filip De Mott
Indian exports show resilience amid global challenges in first quarter, says CRISIL report
Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…
ANI
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
A Nobel-winning economist told us 3 ways a Trump presidency could make inflation worse
Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…
Madison Hoff
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …
Jennifer Sor
India's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P
The central government estimates to bring down fiscal deficit to 5.1% of the GDP in the current fis…
PTI
Retiring at 50 has long been a guarantee for parts of China's working class — until now
Women in China's working class get to retire at 50 and collect pension checks, but the country is r…
Matthew Loh
Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says
Russia's energy profits are tumbling, and the nation could face major financial trouble as it loses…
Jennifer Sor
The West's attempts at isolating Russia just took another big blow
Indian Prime Minister Narendra Modi is seeking to balance China's cozy relationship with Russia. He…
Huileng Tan
US inflation will soar if America doesn't undergo reindustrialization, investment manager says
The US has a "massive" trade deficit at a time when world trade is becoming fragmented, Richard Ber…
Jennifer Sor
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
An escalating cold war between US and China would be a blow to global growth, IMF official says
The IMF predicts that the global economy could incur costs equivalent to as much as 7% of the world…
Yuheng Zhan
Russia has made getting a divorce way more expensive in order to fund its war efforts
A drafted proposal in Russia would increase divorce fees by eightfold from current levels, Bloomber…
Filip De Mott
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallet…
Filip De Mott
The US's blowout debt burden is one piece of a global problem, IMF warns
"Loose fiscal policy in the United States exerts upward pressure on global interest rates and the d…
Filip De Mott
The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says
"Deficits matter, and I think we're headed into a financial crisis in this country," Cooperman told…