latest news in economy

Why Converting US Debt to 100-Year Bonds Could Trigger a Global Crisis

Why Converting US Debt to 100-Year Bonds Could Trigger a Global Crisis

Washington, Saturday, 18 April 2026.
Proposals to convert US debt into 100-year bonds risk triggering a selective default and massive foreign selloffs, failing to fix the root cause of America’s growing fiscal deficit.

Wall Street Banks Revive Controversial 2008 Financial Tools to Bet Against Private Debt

Wall Street Banks Revive Controversial 2008 Financial Tools to Bet Against Private Debt

New York, Saturday, 18 April 2026.
This April, major banks revived controversial 2008-era financial tools to bet against the opaque $2 trillion private credit market, transforming a historically one-way sector into a high-risk arena.

Top Economists Forecast Prolonged High Borrowing Costs and Delayed Inflation Relief

Top Economists Forecast Prolonged High Borrowing Costs and Delayed Inflation Relief

New York, Saturday, 18 April 2026.
Over 94% of surveyed economists warn inflation will miss target levels until at least 2028, signaling a prolonged era of elevated borrowing costs and rising recession risks.

Tech Leaders Propose Universal Income and Wealth Funds to Combat AI Job Displacement

Tech Leaders Propose Universal Income and Wealth Funds to Combat AI Job Displacement

San Francisco, Saturday, 18 April 2026.
Facing a potential post-work economy, tech billionaires are proposing radical solutions like universal high income and AI-funded wealth distribution to prevent severe economic fallout from rapid automation.

Wall Street Revives 2008 Tactics to Bet Against the Artificial Intelligence Boom

Wall Street Revives 2008 Tactics to Bet Against the Artificial Intelligence Boom

New York, Friday, 17 April 2026.
Major financial institutions are deploying the same tools that triggered the 2008 crash to bet against artificial intelligence, signaling severe skepticism regarding current market valuations.

How Falling Immigration Rates Halted US Urban Population Growth in 2025

How Falling Immigration Rates Halted US Urban Population Growth in 2025

Washington, Friday, 17 April 2026.
In 2025, a sharp decline in immigration severely slowed US urban population growth. Without international arrivals, major cities are shrinking, threatening long-term economic expansion and tightening local labor markets.

Wall Street Reaches Record Highs as US-Iran Ceasefire Optimism Cools Oil Prices

Wall Street Reaches Record Highs as US-Iran Ceasefire Optimism Cools Oil Prices

New York, Friday, 17 April 2026.
Optimism for a US-Iran ceasefire extension pushed Wall Street to record highs this week, cooling surging global oil prices even as Asian equities experienced a Friday downturn.

Former Treasury Secretary Urges Emergency Plan to Prevent a Devastating U.S. Debt Crisis

Former Treasury Secretary Urges Emergency Plan to Prevent a Devastating U.S. Debt Crisis

Washington, Friday, 17 April 2026.
With the national debt at $38.9 trillion, Henry Paulson warns that a collapse in demand for U.S. bonds would trigger a vicious crisis harder to contain than 2008.

Federal Reserve Shifts Regulatory Focus from Global to Community Banks

Federal Reserve Shifts Regulatory Focus from Global to Community Banks

Washington, Thursday, 16 April 2026.
Highlighting a shift in regulatory focus, the Federal Reserve penalized a local Georgia bank this April just days after dropping enforcement actions against global giants like Goldman Sachs.

China's Economy Outpaces Early 2026 Forecasts Despite Middle East Conflict

China's Economy Outpaces Early 2026 Forecasts Despite Middle East Conflict

Beijing, Thursday, 16 April 2026.
Surpassing expectations, China’s economy grew by 5.0% in early 2026. This robust expansion highlights remarkable resilience against global trade disruptions sparked by the ongoing Middle East conflict.