News
New York Plays Russian Roulette with Its Fiscal Future
By caving in to public employee unions, the state’s leaders seem determined to follow the road to fiscal hell. Source link
Tag
Fiscal
News
House passes final fiscal '26 spending bills, leaving Senate to act before Jan. 30 deadline
The House passed the final four of the 12 annual spending bills on Thursday, leaving only the Senate left to act to prevent another…
Business
Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency Indonesia’s rupiah looks…
Business
AI, liquidity to drive Asia markets in 2026 amid US fiscal risks: Schroders
The technology sector remains the cornerstone of Schroders’ bullish thesis for the region In 2025, US fiscal and geopolitical headwinds…
Business
Ringgit rally, fiscal strength fuel Malaysia’s bond momentum
Malaysia’s improving fiscal outlook, moderating inflation and resilient currency are enhancing the appeal of its bonds, positioning them…
Business
Foreigners turn net sellers of Indonesian bonds on fiscal fears
Indonesia is now the only South-east Asian market seeing net foreign bond outflows this year Global funds have turned net sellers of…
Business
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate…
News
Uncle Sam ends fiscal year 2025 $1.8 trillion in the red
The federal government will tally a deficit of $1.8 trillion for the just-completed fiscal year, the Congressional Budget Office projected…
Business
Tokyo: Nikkei surges to record after election win by fiscal dove Takaichi
Japan’s Nikkei share gauge surged past the 46,000 level for the first time on Monday after fiscal dove Sanae Takaichi was elected to lead…
Business
Indonesian yield curve steepest since early 2023 on fiscal fears
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those…
Business
Qantas trims executive bonuses by 15% for fiscal 2025 over cyber hack
RALIA’S Qantas Airways has cut short-term bonuses for its top executives and CEO by 15 per cent in fiscal 2025 after a cyber hack earlier…
Business
Europe: Stoxx 600 ends near one-month low as bond yields rise on fiscal woes
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew…
Business
The Fiscal Consequences of Banning Compensation for Organ Donors
Allowing for financial compensation for living organ donations would improve the lives of people on dialysis and improve America’s fiscal…
News
Tariffs Won’t Bridge the Fiscal Gap
With borrowing unleashed, and tariffs offering little more than political cover, Washington is sprinting toward a cliff edge. Source link
Business
Western Craze Helps Boot Barn Kick Off Fiscal 2026 on a High Note as Firm Raises Full-Year Outlook
Boot Barn is starting a new fiscal year on a high note. In the first quarter of fiscal 2026, the Irvine, Calif-based footwear company saw…
Culture
Indonesia bonds may gain more on dovish policy, fiscal outlook
Bank Indonesia’s (BI) dovish stance and easing concerns over the nation’s fiscal policy are fuelling expectation that government bonds…
News
Gold heads for weekly gain as US tax-cut bill stokes fiscal worries
GOLD rose on Friday, poised for a weekly gain as investors sought safe-haven assets after the passage of US President Donald Trump’s…
News
Georgia’s Fiscal Responsibility Is a Lesson for Washington
If Congress is looking for a model of fiscal sanity, it could do worse than to study Georgia. Source link
Business
Gold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see…
Business
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases…
News
Gold edges higher as dollar dips, US fiscal worries mount
Gold prices edged up on Tuesday (May 27), supported by a weaker US dollar and concerns over the US fiscal outlook, while investors looked…
News
Trump agenda bill's proposed increase to debt ceiling draws pushback from fiscal hawk in Senate
Sen. Rand Paul said Sunday he would consider voting for President Trump's "big, beautiful bill" if GOP leaders scrap plans to raise the…
Business
Gold heads for best week in more than a month on US fiscal worries
GOLD was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the deteriorating…
News
Gold gains on weaker dollar, US fiscal concerns
Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty,…