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Why Interest Rates on Savings Accounts Are Still So Low
The Federal Reserve has been raising benchmark borrowing rates at the fastest pace in decades, but the interest rate paid out to millions of people w…
3 years, 3 months ago
A Former CIA Official on One Year of Russia's War in Ukraine
It's been one year since Russia invaded Ukraine in an event that set off a chain reaction of both geopolitical and economic consequences. So what hav…
3 years, 3 months ago
Brian Deese on the Legislative Legacy of President Biden's First Two Years
President Biden came into office with an incredibly slim legislative majority. And yet despite just 50 Democratic seats in the Senate, the first two …
3 years, 3 months ago
This Is What Happens if the US Actually Hits the Debt Ceiling
The US is in the middle of another debt ceiling fight. The expectation is that it will get lifted before we hit the so called "drop dead" date — but …
3 years, 3 months ago
What Happens Now to All the Laid Off Tech Workers?
The US labor market looks rock solid. The unemployment rate is at its lowest level in 50 years, while layoffs continue to trend downward. But there's…
3 years, 4 months ago
Jan Toporowski Explains Why Capitalists Dislike Full Employment
In the wake of the Great Financial Crisis, the work of John Maynard Keynes experienced a revival, as people sought answers to the problem of sluggish…
3 years, 4 months ago
Introducing: Foundering - The John McAfee Story
The new season of Bloomberg's Foundering podcast retraces the life and gruesome death of John McAfee. In the 1980s and ’90s, the McAfee name was syno…
3 years, 4 months ago
Fabio Natalucci on How to Think About Financial Risk Right Now
The Federal Reserve raised interest rates at the fastest pace in decades in 2022. But despite the rapid shift in borrowing costs, not much in the fin…
3 years, 4 months ago
Steve Eisman on the 'Paradigm Shift' Happening in Markets Right Now
After a decade of dominance, 2022 saw tech stocks badly underperform the rest of the market. However, so far in 2023, tech stocks and other speculati…
3 years, 4 months ago
Viktor Shvets Declares Victory for Team Transitory and the Soft Landing
It was looking bad there for awhile for Team Transitory. Anyone who had previously even uttered the word "transitory" in regards to inflation was reg…
3 years, 4 months ago