Indeed, this rate of budget deficit as a percent of GDP is greater than almost all other peacetime fiscal deficits (as a percent of GDP) during periods of recession and high unemployment.

The concern over fiscal policy is also undermining the dollar, which would typically gain when yields rise. The selloff in Japan’s longer-maturity bonds is particularly acute. The Bank of Japan ...

Escalating uncertainty and policy shifts are reshaping the fiscal outlook. Global public debt projections have been revised upwards, while tariffs, uncertainty and market volatility, increased defense ...

Fiscal policy affects macroeconomic stability, growth, and income distribution. Citizens expect their governments to ensure value-for-money for public spending, a fair and efficient tax system, and ...

Communication practices have taken center stage in the Federal Reserve's review of its monetary policy framework. In a Thursday morning speech, Fed Chair Jerome Powell said communication practices — ...

David Einhorn, Greenlight Capital co-founder and president, joins 'Closing Bell' to discuss what Einhorn has gotten right this year, how Gold will continue to perform, and much more. Here is how ...

(UPDATE) THE Land Transportation Franchising and Regulatory Board (LTFRB) clarified on Sunday that operations in the motorcycle (MC) taxi industry remain unchanged following the filing of a motion for ...

House Speaker Mike Johnson teased plans to bump up the timeline for implementing work requirements on Medicaid to help win over support from fiscal hawks on the “One Big Beautiful Bill” that ...

Germany under former chancellor Olaf Scholz was opposing treating nuclear on an equal footing as solar and wind in the EU’s goals and policy to achieve net-zero by 2050. The anti-nuclear camp ...

Chris Hoene is the Executive Director of the California Budget & Policy Center, which is a nonpartisan, research and analysis nonprofit. He joins us with a response to the governor’s fiscal ...

Economists and academics make convincing arguments that a certain natural level of unemployment can't be erased but elevated unemployment imposes high costs on individuals, society, and the country.

The plan won’t reduce federal budget deficits and would make America’s fiscal hole deeper. The current proposal would increase projected budget deficits by nearly $3 trillion through 2034 ...