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FEDERAL SPENDING REFORMS
Global Market Today: Asia stocks rebound from tech selloff, Kospi jumpsAsian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustain...- US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
- US probes Germany's drug pricing policies, opens door to tariffsThe US has launched a trade probe into Germany's pharmaceutical pricing, alleging it unfairly burdens American commerce and forces the US t...
- Quote of the day by Franklin D. Roosevelt: 'Remember you are just an extra in...' Life lessons on humility, relaxation, freedom, expectations, perfection, success, empathy, and why one should focus on his own story and forget about the worldQuote of the Day by Franklin D. Roosevelt reminds people that every individual is the central character only in his or her own life. The qu...
- 8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...
- What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...
- Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
- Laptops, tablets, learning apps in schools across U.S. facing backlashes. Here's whyIn Los Angeles, concerned parents last year formed a group, Schools Beyond Screens, and pressured the district by speaking out at school bo...
- Kevin Warsh takes over US Fed with a policy problem already in viewAn unfolding boom in artificial intelligence technology is reshaping the economy in ways Fed officials say could be profound for workers, c...
- Warsh takes over Fed with a policy problem already in viewKevin Warsh takes charge as the new Fed leader. He faces a critical juncture for the economy and monetary policy. Inflation is high and cou...
- US 30-year yield hits highest since 2007 on inflation angstUS Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a gl...
- Quote of the day by American Economist Milton Friedman: ‘If you put the federal government in charge of the Sahara Desert, in 5 years…’ Witty take on inefficiency, corruption, and control as world faces oil and gas crisisQuote of the day: The “Sahara Desert” quote continues to resonate because it combines humor with sharp criticism. It may make people laugh,...
- US Stock Market: Warsh set to lead Fed amid debate over rates, transparency and AI impactFifteen years after leaving the Federal Reserve over disagreements on aggressive bond-buying policies, Kevin Warsh is set to return as chai...
- Global Markets | Australian shares fall for third day as banks weigh ahead of federal budgetAustralia's stock market saw a decline for the third consecutive day. Banks led the losses as investors anticipated a federal budget focuse...
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- Gold rises as oil weakens after US extends ceasefire with IranGold gained as easing oil prices and the extension of the US-Iran ceasefire supported sentiment, with investors balancing reduced inflation...
- Dollar at week high as markets raise doubts over Iran ceasefireOn the policy front, Federal Reserve nominee Kevin Warsh's comments at a Senate confirmation hearing were interpreted as slightly hawkish, ...
- Elon Musk brings Trump's government efficiency push to Capitol HillElon Musk and former presidential candidate Vivek Ramaswamy the two chairs of the Department of Government Efficiency have called for firin...
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