Joe Rennison

2 weeks ago | estadao.com.br | Colby Smith |Joe Rennison

Um projeto de lei promovido pelo governo Trump que estenderia os cortes de impostos e aumentaria os gastos militares está ampliando as preocupações com a dívida e o déficit entre os investidores em títulos, um poderoso grupo de participantes do mercado que influencia fortemente o custo que o governo dos Estados Unidos terá para financiar seu orçamento.

2 weeks ago | nytimes.com | Colby Smith |Joe Rennison

Financial markets are looking for more "fiscal discipline" from Washington, a top official at the Federal Reserve warned. The bedrock of the global financial system continued to shudder on Thursday, as President Trump's bill to extend expensive tax cuts and create new ones without significantly slashing spending passed through the House of Representatives. The bill has unnerved investors, deepening worries that the country's debt is becoming unmanageable.

2 weeks ago | heraldsun.com | Colby Smith |Joe Rennison |NYT Business

EDITORS NOTE: EDS: UPDATES graf "Since dropping ..."; EXPANDS graf "Now the concern ..."; REVISES next graf; TWEAKS graf "Apparent progress ..."; ADDS 2 grafs starting "There were glimpses ..."; UPDATES list of related stories.); (ART ADV: With photo.); (With: CONGRESS-FISCAL, CLIMATE-LAW-INCENTIVES, GLOBAL-TAX-FIGHT) ; Ben Casselman and Tony Romm contributed reporting.

2 weeks ago | flipboard.com | Colby Smith |Joe Rennison

1 hour agoBitcoin Is Suddenly Surging As It Braces For A Huge $6 Trillion Price EarthquakeBitcoin has rocketed higher, soaring toward its all-time high of almost $110,000 per bitcoin despite BlackRock issuing a serious bitcoin warning last week.

2 weeks ago | nytimes.com | Colby Smith |Joe Rennison

Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates. For decades, budget hawks warned that America's debt load was unsustainable and that runaway spending financed with borrowed money was eventually going to scare investors away from lending to the United States. Those fears are now taking hold more strongly in the bond market, and are at risk of spreading further.