Elephant in the Room: Why Nobody Talks About Ballooning Federal Deficits

Watch Live: White House Task Force Delivers Wednesday Briefing Wednesday's briefing was delayed until 5:45pmET, perhaps due to last-minute talks about the federal government's latest relief bill, which is meant .....»»

The U.S. energy industry has asked the Federal Reserve to change the terms of a $600 billion lending facility so that oil and gas companies can use the funds to repay their ballooning debts, according to a letter seen by Reuters......»»

Stocks have room to run further to the upside as an overwhelming policy response to the coronavirus pandemic by the Federal Reserve bursts the “fear bubble.” But the road will get harder after midyear, says Stifel’s Barry Bannister......»»

Turkey has held talks with the United States about possibly securing a swap line from the U.S. Federal Reserve and has discussed other funding options to mitigate fallout from the coronavirus outbreak, Turkish officials said on Friday......»»

Here's what's on the mind of Thomas Barkin, president of the Federal Reserve Bank of Richmond.....»»

Now is the time to put the federal budget on a more "sustainable" path, Powell told Congress......»»

Without corrective action, trillion-dollar deficits will be with us for years to come......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion......»»

U.S. federal budget deficits as far as the eye can see.....»»

Denis .....»»

In a statement Friday, Delta said filing for federal mediation “allows both sides to have more productive conversations” to reach an agreement more quickly......»»

Long-dated U.S. Treasury yields edge higher Friday morning after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit......»»

Is there room for .....»»

Shares of FleetCor Technologies Inc. sank 2.1% in morning trading Thursday, after the company business payments services company disclosed that negotiations with the Federal Trade Commission to resolve claims relating to its U.S. direct fuel card bu.....»»

Asian stocks rose on Thursday to the highest in a month after the Federal Reserve signalled rate settings were likely to remain accommodative, but the imminent UK election and a deadline for Sino-U.S. trade talks kept investors cautious......»»

Asian stocks edged higher on Thursday after the Federal Reserve signaled rate settings were likely to remain accommodative but the imminent UK election and a deadline for Sino-U.S. trade talks kept investors cautious......»»

U.S. stocks are slightly higher Wednesday as investors turn their attention to a Federal Reserve policy update later in the session while waiting for news of progress on China-U.S. trade talks.....»»

U.S. stocks are slightly higher Wednesday as investors turn their attention to a Federal Reserve policy update later in the session while waiting for news of progress on China-U.S. trade talks.....»»

U.S. stocks are little changed to slightly higher Wednesday as investors turn their attention to a Federal Reserve policy update later in the session while waiting for news of progress on China-U.S. trade talks.....»»