March 31, 2025 - 22:59
President Trump and his administration have been vocal about their efforts to manage the federal budget effectively, asserting that their strategies are yielding positive results. However, budget hawks and financial analysts express a contrasting viewpoint, warning that the nation's fiscal health may be at risk.
With rising national debt levels and ongoing debates over government spending, experts are increasingly concerned about the possibility of another credit rating downgrade for the United States. Such a downgrade could have significant implications for the economy, potentially leading to higher borrowing costs and decreased investor confidence.
As discussions around the budget continue, critics argue that the current administration's policies may not be sustainable in the long term. They emphasize the need for a more disciplined approach to fiscal management to prevent further deterioration of the country’s creditworthiness. The divide between the administration's optimistic outlook and the cautious stance of budget experts highlights the complexities of managing the nation's finances in an ever-changing economic landscape.
June 25, 2025 - 00:18
Yale's Financial Stability Program Unveils Crisis Management PlaybookThis year marks a significant milestone for the Yale Program on Financial Stability as it wraps up the New Bagehot Project. This ambitious initiative, spanning a decade, has meticulously chronicled...
June 24, 2025 - 04:52
Japan's Foreign Exchange Diplomat Reappointed for Another YearTOKYO - Japan`s leading foreign exchange diplomat, Atsushi Mimura, has been reappointed for a second consecutive year, according to the finance ministry. This decision underscores his significance...
June 23, 2025 - 19:11
Rethinking Finance: A Call for Inclusivity and SustainabilityIn affluent societies, the relationship with money has shifted dramatically, transforming it into a master rather than a servant. This paradigm has far-reaching implications, not only for...
June 23, 2025 - 05:12
NJBIZ Finance Power List: Celebrating the Most Influential Leaders in FinanceThe NJBIZ Finance Power List has unveiled its selection of the most influential leaders in the finance sector for 2025. This prestigious list highlights the professionals who play a critical role...