Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Jerome Powell discusses the national debt and warns about its future trajectory during a recent statement.
Latest stories, analysis, and insights from the world of business.
Jerome Powell discusses the national debt and warns about its future trajectory during a recent statement.
Billionaire hedge fund owner Chris Rokos is set to make a historic donation of £190 million to the University of Cambridge to establish a new school of government, aimed at training future leaders.
A new report shows the hiring rate in the U.S. has fallen to the lowest level since the pandemic, leading economists to express concerns about the job market's future.
The rollout of Universal Credit, a benefit system designed to incentivize work, faces scrutiny as it struggles to adapt to rising unemployment and mental health issues.
Ulta Beauty has launched on TikTok Shop, becoming the first specialty beauty retailer to do so, tapping into the platform's vast audience for commerce.
Airbnb has partnered with Welcome Pickups to offer private car services for airport transfers, expanding its service offerings to enhance guest experiences.
Brent crude oil price approaches $119 per barrel following US-Israel air strikes, leading to soaring fuel prices globally.
New research from Charles Darwin University emphasizes that circular economies can enhance community development, job creation, and social equity, if implemented thoughtfully.
Gas prices surpassing $4 a gallon are unlikely to prompt the Federal Reserve to raise interest rates, as policymakers may prioritize growth over inflation concerns.
Alon Chen, who joined Google at 23 and became CMO by 28, shares his unconventional approach to career advancement that led to his early success.
Whoop, the fitness and health tracking wearable company, has raised $575 million in a Series G funding round, achieving a valuation of $10.1 billion.
Ken Griffin, CEO of Citadel, shares his political views and the influence of business leaders on American politics, particularly in relation to Trump.
Federal Reserve Chair Jerome Powell spoke at Harvard, cautioning that while the national debt is currently manageable, its trajectory poses serious risks that require immediate attention from lawmakers.
The ongoing war with Iran has driven gas prices above $4 per gallon for the first time since 2022, impacting American affordability and driving habits.
Playlist, the parent company of fitness brands ClassPass and Mindbody, has merged with EGYM, creating a $7.5 billion fitness and wellness powerhouse.
Warren Buffett reflects on selling his Apple shares too early and expresses a willingness to buy more if prices decrease, but not at current market levels.
Despite the alarming headlines about the 'death of SaaS', M&A data shows that enterprise SaaS is thriving, with a record year for mergers and acquisitions in 2025.
Barbara Larson, recently appointed CFO at Workiva, discusses her vision for the company as it aims for $1 billion in revenue, leveraging AI in financial reporting.
Drivers are coming forward to claim compensation for mis-sold car finance, with the FCA indicating that many may be owed redress after a recent assessment of car loans.
JPMorgan Chase CEO Jamie Dimon warns that the American Dream is at risk and introduces the ‘American Dream Initiative’ to expand economic opportunities in the U.S.