by Andrew Moran | Dec 15, 2023 | Articles, Business News, Opinion
The fiscal year just started, and the US government is already running a massive budget deficit. In November, the federal shortfall was a larger-than-expected $314 billion, fueled by a 17% increase in spending. In only the first two months of FY 2024, the gap totals...
by Andrew Moran | Jul 28, 2022 | Articles, Business News, Good Reads, Opinion
The Federal Reserve has pulled the trigger on raising its benchmark interest rate by an additional three-quarters of a percentage point. At the Federal Open Market Committee (FOMC) policy meeting yesterday, July 28, Chair Jerome Powell and members of the rate-setting...