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2 mins read

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   


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2 mins read

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   


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3 mins read

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   


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2 mins read

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   


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3 mins read

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   


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6 mins read

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…

Business Insider Latest Story Image
3 mins read

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   


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1 min read

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   


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2 mins read

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   


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4 mins read

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   


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3 mins read

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   


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2 mins read

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   


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1 min read

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   


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7 mins read

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   


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3 mins read

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   


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2 mins read

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   


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1 min read

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   


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2 mins read

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   


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1 min read

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   


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1 min read

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…

Yuheng Zhan