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Fiscal policy

What to expect in 2024 State of the Union

by Adrian Jhonsan
What to expect in 2024 State of the Union

President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images How Democrats propose tackling Social Security’s …

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Limiting retirement plan tax perks may help Social Security, experts say

by Adrian Jhonsan
Limiting retirement plan tax perks may help Social Security, experts say

Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new …

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Categories World

Despite high older voter turnout in Iowa, Social Security on back burner

by Adrian Jhonsan
Despite high older voter turnout in Iowa, Social Security on back burner

A caucus worker checks in voters at a caucus site at the Horizon Events Center in Clive, Iowa, on Jan. 15, 2024. Kevin Dietsch | Getty Images Former President Donald …

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Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

by Adrian Jhonsan
Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial …

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Bond yields could race through 5%, market forecaster Jim Bianco warns

by Adrian Jhonsan
Bond yields could race through 5%, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in the next couple of weeks. “I don’t think we’re near …

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Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks

by Adrian Jhonsan
Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks

Srettha Thavisin, Thailand’s prime minister, arrives at the Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. Valeria Mongelli | Bloomberg | Getty Images Months of political deadlock and …

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IRS to reduce audits on filers claiming the earned-income tax credit

by Adrian Jhonsan
IRS to reduce audits on filers claiming the earned-income tax credit

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters They’re using resources to reverse the precipitous decline in enforcement …

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Categories World

3 things to know about retirement benefits

by Adrian Jhonsan
3 things to know about retirement benefits

President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Social Security has reached a milestone — its …

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