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Interest costs on US national debt set to exceed defense spending this year

Economist Peter Morisi breaks down what the national debt is, why it has ballooned to more than $34 trillion, and what it means for Americans. The sharp rise in interest rates over the past year may cause some collateral damage to the U.S. government’s finances. Because when interest rates rise, federal borrowing costs Debt will […]

Fed’s Barr says regulators more aggressive with banks, focused on interest rate risk

Kudlow panelists Kevin O’Leary, Kevin Hassett, and John Carney discuss inflation, bank failures, and credit card delinquencies. The Fed’s top regulator said this on Friday. banking regulator Over the past year, the rate of problems pointed out by banks has increased, and additional checks are being conducted on companies with large unrealized losses. Federal Reserve […]

Don McDougal Named ‘Main Person of Interest’ in Disappearance of East Texas Girl

LIVINGSTON, Texas — Investigators with the Polk County Sheriff’s Office have named Don Stephen McDougall as the “key person of interest” in the disappearance of 11-year-old Audrey Cunningham. Audrey went missing early Thursday morning in southern Polk County. Texas Department of Public Safety Lt. Greg Cummings told reporters on behalf of Polk County Sheriff Byron […]

Jerome Powell plans to cut interest rates despite persistent inflation

The determination of Federal Reserve Chairman Jerome Powell is not well known. An emerging consensus among Fed watchers on Wall Street is the main reason the Fed will cut rates at least twice this year, despite signs of persistent inflation, The Post has found. If CEOs and executives who follow the Fed are to be […]