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The Latest Breaking News from Brett House

As US edges closer to stagflation, economists blame Trump policies

Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertainty

The Guardian - US

As Trump pushes Supreme Court to uphold his tariffs, he signals trade deals will be defunct if he loses the case: 'I guess we'd have to unwind them'

As Trump pushes Supreme Court to uphold his tariffs, he signals trade deals will be defunct if he loses the case: 'I guess we'd have to unwind them'

“If we don't win that case, our country is going to suffer so greatly, so greatly,” the president said on Wednesday.

CFOs need a new 'playbook' for tariff-fueled uncertainty

CFOs need a new 'playbook' for tariff-fueled uncertainty

The Fed's decision to hold rates steady underscores a critical reality for business leaders, according to economists.

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Trump’s ‘America first’ policy is complicating business of making cars

Tariffs on imported cars and auto parts will sharply increase prices, hitting demand and jobs, experts say.

Trump’s tariffs unleash ‘existential fight’ for Canada

Even if blanket tariffs are revoked, more tailored levies are likely to persist, stoking inflation, analysts say.

Millennials Hold Trillions In Wealth—Yet 'Phantom Wealth' Keeps Them Feeling Poor

The reason behind the so-called "phantom wealth" of millennials is quite interesting.

International Business Times

Tether was an outlaw for years. Now the $132 billion stablecoin has a key ally in Trump’s cabinet

The controversial Tether is reportedly facing a probe from both the Justice and Treasury departments.

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BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt

BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt

Brian Moynihan, CEO of Bank of America, said the U.S. needs to get its “eyes and stomach in line.”

Politicians have gone silent over the finance industry’s favorite tax loophole. Has private equity won the carried interest debate for good?

Politicians have gone silent over the finance industry’s favorite tax loophole. Has private equity won the carried interest debate for good?

PE firms get taxed at lower rate than many U.S. workers

The ‘X Date’ is when the U.S. could run out of cash—and experts fear a looming election could mean no Treasury Secretary to steady the ship

The ‘X Date’ is when the U.S. could run out of cash—and experts fear a looming election could mean no Treasury Secretary to steady the ship

"Could the car crash? It absolutely could. Do I think it’s likely to do so? No."

What CFOs need to know about the latest inflation and wage growth data

What CFOs need to know about the latest inflation and wage growth data

Economists weigh in on interest rates and new research that points to labor costs having a small effect on overall inflation.

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