Pension Pulse: Hidden Burden of Ultra-Low Interest Rates?
Guest Post By: Leo Kolivakis via Pension Pulse: Hidden Burden of Ultra-Low Interest Rates?. Matthew Philips and Dakin Campbell of Bloomberg report, Banks Join Pensions in Squeeze as Federal…
The Roof Has Been Raised: $16.4 Trillion Debt Ceiling
Well, it's looking like the Senate was unable to muster enough votes to reject the newest debt ceiling hike in a 52 to 44 vote. Due to take effect this Friday, we will be looking at a new ceiling…
Producer Prices Surge in July as Inflation Fears Ratchet Up
U.S. core producer prices rose at their fastest pace in six months in July, pushed up by higher tobacco and light truck costs, according to a government report on Wednesday that could stoke inflation…
Pressure Rises on China to Fight Inflation
SHANGHAI—Fresh data showing strong capital inflows into China and a spike in the interest rates on central-bank debt showed continuing pressure on the government to keep fighting inflation with…