How the ECB Can Safely Store Its Crisis Toolkit

Published on December 4, 2024

Next week’s European Central Bank meeting is more important than it might first appear.

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BlackRock Pays $12 Billion to Catch Up in Private Credit

December 4, 2024
The trend is your friend. Or, in Larry Fink’s case, your primary acquisition tickbox.

Health-Care Spending Is Sinking the Federal Budget

December 4, 2024
The $1.8 trillion federal budget deficit in the fiscal year that ended in September was the third biggest ever in dollar terms, trailing only the pandemic deficits of the 2020 and 2021 fiscal years. As a share of gross domestic product, a better gauge for historical comparisons, it was, at 6.4%, the biggest ever outside of a large war or global crisis.