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Who Holds all these US Treasury Securities? Update on the Investors in the Ballooning US National Debt in Q2 – WolfStreet

Nelli AvetisyanSeptember 26, 2024September 25, 2024

by Nelli AvetisyanSeptember 26, 2024September 25, 202400

The US national debt has ballooned so fast to $35.3 trillion – by $12.0 trillion since January 2020 – that it’s mindboggling, especially in a

Sweden’s Central Bank Cuts Key Rate and Sees Two More Cuts This Year – WSJ

Nelli AvetisyanSeptember 26, 2024September 25, 2024

by Nelli AvetisyanSeptember 26, 2024September 25, 202400

Sweden’s central bank cut its key interest rate for the third time this year and said borrowing costs will likely be lowered again soon as

Gold’s hitting new records again. Here’s what it means for the economy – CNN

Nelli AvetisyanSeptember 26, 2024September 25, 2024

by Nelli AvetisyanSeptember 26, 2024September 25, 202400

The 2024 monster gold rally is picking up steam. The most actively traded gold futures contract has hit repeated highs this year, most recently notching

Fed Officials Leave Door Open to Another Large Interest-Rate Cut – Bloomberg

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on

The world’s poorest countries have experienced a brutal decade – The Economist

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

There are now a billion fewer people subsisting on less than $2.15 a day than in 2000. Each year since the turn of the millennium,

German Recession Angst Mounts as Companies Grow More Pessimistic – WSJ

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

German companies are feeling ever less confident, adding to concerns that a moribund manufacturing sector could pull Europe’s most important economy back into recession. The

Americans are fretting over the job market – CNN

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about

Australia’s Central Bank Keeps Rates on Hold, Defying Global Trend – WSJ

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

Australia’s central bank kept interest rates steady on Tuesday, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they

OpenAI Rolls Out New Voice Assistant to All Paid ChatGPT Users – Bloomberg

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

OpenAI is releasing a much-anticipated new voice assistant to all paid users of its chatbot ChatGPT, four months after the artificial intelligence company first unveiled

Blogs and Podcast En

The World Needs Bigger and Better Financial Firefighters

Nelli AvetisyanSeptember 25, 2024September 24, 2024

by Nelli AvetisyanSeptember 25, 2024September 24, 202400

The International Monetary Fund, the World Bank, and other multilateral development banks are trying to extinguish debt conflagrations in developing countries with buckets rather than