Politics

CBO Boosts Federal Deficit Projection by $809 Billion

In May, the Congressional Budget Office (CBO) projected a 10-year federal budget deficit of $11.4 trillion. In its latest projection, released Wednesday, the CBO predicts the 10-year deficit will increase ...
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Cherokee Nation Set to Exercise Right to Representation in Congress

In December 1835, a minority party of Cherokees signed the Treaty of New Echota with the U.S. government. In exchange for $5 million and new lands in what was then ...
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McKinsey Warns of Looming Asian Debt Crisis

The Asian financial crisis of 1997 wreaked havoc on the financial systems of Thailand, Indonesia and South Korea particularly, but the effects were felt all around the globe. To staunch ...
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Interest Rates to Remain Low Through 2020 Say Business Economists

Just over half (52%) of economists who responded to the National Association of Business Economists' (NABE) July survey think that the federal funds rate will be 2% or less by ...
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The Financial Bloodbath of Argentina

Some countries just never seem to be able to get it right. The United States, China, the nations in Europe, Japan and elsewhere all have problems of their own. Even ...
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Big American Retailers That Don’t Sell Guns

After two mass murders in two days, the battle over where guns can be sold in the United States has escalated. The El Paso shooting, which claimed 22 lives, started ...
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Oil Demand Hit by Trade War

The gold standard of oil price and demand forecasts is the International Energy Agency's oil markets report. In the one just issued, its experts commented that the trade war has ...
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UN Issues Report and Warning on Global Land Use

The introduction of meatless plant-based protein foods from companies like Beyond Meat and Impossible Burger hasn't arrived a moment too soon to effect (perhaps) a change in people's eating habits. ...
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US Telecoms Customers Are Under Attack From Chinese Hackers

Ever heard of Stone Panda or Red Apollo or Hogfish or menuPass or APT10? All have been identified as China-based hacking groups. APT10 members Zhu Hua and Zhang Shilong were ...
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Trade War May Not End Before Election

What if the trade war goes on past the election? Both the U.S. and Chinese economies could be deeply damaged. The presidential election could easily be affected. China's top leadership, ...
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The Big Trade War If: What If China Decides to Sell its $1.11 Trillion in US Treasuries?

With the United States and China trade war becoming more fierce, the stock market tanked and the bond market rallied on news that China devalued its currency and is blocking ...
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Why Huawei’s US Troubles May Not Hurt the Chinese Firm After All

On Friday, Chinese smartphone and network equipment maker Huawei Technologies will kick off its developer's conference in Dongguan, a city of some 40 million people in the Pearl River Delta ...
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As China Devalues the Yuan, Trade War Fallout Spreads Far Beyond Ag Imports/Exports

There are not all that many trade war references from the modern era to refer to when it comes to what is happening between the United States and China. The ...
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2020 Redistricting: An Early Look

By Kyle Kondik, Managing Editor, Sabato's Crystal Ball KEY POINTS FROM THIS ARTICLE — The Supreme Court’s recent decision to stay out of adjudicating gerrymandering doesn’t necessarily change anything because the ...
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Student Debt Repayment Is Completely Different for White and Black Americans

The total student loan debt for more than 44 million U.S. student borrowers exceeds $1.5 trillion. On one hand, that's a testament to an American students' desire to invest in ...
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