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Should America cut Social Security? Here's why this support system remains critical even now
1+ day, 3+ hour ago (666+ words) Are America’s Social Security benefits too generous? Some fiscal hawks and classic conservatives say the answer is ‘yes,’ and see the upcoming depletion of the trust fund as an opportunity to rein them in. Social Security [or the Old-Age, Survivors,…...
The Credit Hazard Lurking in Your Retirement Funds | Stock Market News
5+ day, 18+ hour ago (250+ words) (Bloomberg Opinion) -- The growing list of US credit busts, from subprime auto lender Tricolor Holdings to Broadband Telecom Inc., raises a troubling question: If such “cockroaches” proliferate — if many more enterprises collapse under the weight of excessive debt — who will…...
Trump's latest threat to the US Fed is a stunner: can monetary and trade policy be taken so lightly?
1+ week, 11+ hour ago (628+ words) It is one of the biggest ironies of life that two of the most important jobs in the world—that of a parent and of the president of the world’s most powerful country—do not call for prior training. In…...
US says 'West Asia war will end' as Iran vows 'painful response'; is there a China angle behind Washington's confidence? | Today News
1+ week, 23+ hour ago (783+ words) The United States says its economic pressure on Iran is working and expects the conflict to end with Tehran unable to develop a nuclear weapon. Iran, however, has warned Washington that further attacks will draw a "faster, heavier and more…...
India's pace of economic growth shows that its Viksit Bharat dream is not out of reach
1+ week, 6+ day ago (675+ words) On 30 August, Bloomberg published a long article (tinyurl.com/yc75r5hk) arguing that India’s ambition to become a developed nation clashes with its growth gap. The argument rests on a comparison that does not hold. It sets a growth requirement, measured in…...
Exorbitant privilege: how dollar dominance deployed for statecraft could extract a diplomatic price
2+ week, 3+ day ago (1046+ words) The ability and willingness of central banks to be forces for global stability will be tested with frequency in coming decades. None is likely to be challenged as much as the Federal Reserve. Such is the burden of the US…...
Why China matters to Trump’s new Iran sanctions and how ‘Economic Outcast’ can impact India | Explained | Today News
2+ week, 6+ day ago (648+ words) United States Treasury Secretary Scott Bessent on Monday unveiled a new wave of sanctions – Operation Economic Outcast – targeting nearly 60 entities, people and vessels over Iran trade. The measures broaden secondary sanctions to cover sectors like shipping, gold, aviation, technology and…...
US-Iran War: ‘Not going to bow our heads,’ says Pezeshkian; Iran has not compromised on any MoU clause | Today News
3+ week, 1+ day ago (557+ words) Iranian President Masoud Pezeshkian on Saturday (local time) said Tehran has not compromised on any clause of a Memorandum of Understanding (MoU) signed amid efforts to address the ongoing tensions with the US. Pezeshkian asserted that Iran seeks a solution…...