Us Economy

What Is An Inverted Yield Curve? Why Is It Panicking Markets, and Why Is There Talk of Recession?

Since President Trump tweeted about imposing new tariffs on China, global equity markets have gone into a tailspin. Trump’s more recent announcement that the new tariffs would be delayed has not calmed the markets, with recent days seein...

Mark Crosby·over 4 years ago

Yellen puts Congress on notice over impending debt default date: 5 essential reads on what’s at stake

Lawmakers have been given notice of a new deadline if they are to avoid a damaging default on U.S. debt: June 1, 2023. If Congress fails to raise the nation’s borrowing limit by that date, Treasury Secretary Janet Yellen warned, then the...

Matt Williams Senior Breaking News and International Editor·12 months ago