With corporate earnings season in full swing — watch for McDonalds, along with Catepillar, Amazon and other — and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out — the week ahead is ex…
Washington has been borrowing Social Security’s surpluses for decades and issuing IOUs in return. However, the ability to pay those IOUs depends on the Treasury borrowing more money on global bond markets at affordable rates. T…
When some new members of Congress recently said they oppose raising the U.S. debt limit, it triggered warnings of “catastrophic consequences.” Indeed, the result wouldn’t be pretty. But here’s what’s at stake as the country’s d…
The Federal Reserve is doling out billions to buy bonds in hopes of keeping interest rates low and stimulating the economy. However, several powerful forces are working against that low-rate strategy, ranging from investor psyc…
There’s no way to sugarcoat it: The U.S. job deficit is huge, and it will take years to fix. But investors shouldn’t become too pessimistic. America’s economy has the capacity to adapt and renew itself faster than many folks ex…