Karen Petrou, Influential Fiscal Policy Analyst and Critic, Dies at 72

Subscribe To Our Newsletter Careers Information from across the Internet


Karen Petrou, Influential Fiscal Policy Analyst and Critic, Dies at 72 Karen Petrou, Influential Fiscal Policy Analyst and Critic, Dies at 72

Her insights on financial regulations and monetary policy guided big banks and Washington..
A.I. Is a Job Creator A.I. Is a Job Creator

A.I. will create more jobs than it will kill.
How the Reputation Firm Terakeet Failed to Fix an Epstein Friend’s Image How the Reputation Firm Terakeet Failed to Fix an Epstein Friend’s Image

Terakeet, a reputation management firm, used online tricks to downplay the friendship of the..
Federal Reserve Turns Focus to Inflation as Job Market Stabilizes Federal Reserve Turns Focus to Inflation as Job Market Stabilizes

April’s report showed employers added more jobs than expected, supporting the central bank’s view..
How Yuppies Changed America How Yuppies Changed America

The young urban professionals of the 1980s changed our cities, our politics and our meritocratic..
Rising Fuel Prices Force Policymakers to Weigh Excruciating Choices Rising Fuel Prices Force Policymakers to Weigh Excruciating Choices

The Bank of England and European Central Bank held interest rates steady on Thursday, as officials..
Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts

The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell..
How We Traced U.S. Government Gold to a Drug Cartel How We Traced U.S. Government Gold to a Drug Cartel

Three reporters followed supply chains to reveal that the U.S. Mint buys gold that comes from..
Bessent Questions the Cause of Climate Change and Its Economic Toll Bessent Questions the Cause of Climate Change and Its Economic Toll

The Treasury secretary said it is “difficult to deconstruct” the reasons for global warming, which..
White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income White House and Crypto Industry Fight Bank Lobby Over Stablecoin Income

The Trump administration backed a proposal for stablecoin issuers to offer yield to investors.
The Strait of Hormuz Closed Because Iran Is Using the U.S. Playbook The Strait of Hormuz Closed Because Iran Is Using the U.S. Playbook

Iran has blocked the Strait of Hormuz by raising risks for ship operators. In doing so, it has..
Iran War Narrows Fed’s Path to a Rate Cut Iran War Narrows Fed’s Path to a Rate Cut

Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials..
Fears of ‘Cockroaches’ in the Private Credit Market Fears of ‘Cockroaches’ in the Private Credit Market

Wall Street figures are turning to colorful metaphors, including invoking the hated insect, to..
MrBeast Is Getting Into Financial Services With His Step App. Parents, Pay Attention. MrBeast Is Getting Into Financial Services With His Step App. Parents, Pay Attention.

Beast Industries has acquired a banklike app for young people and could eventually offer a variety..
Stock Market Investors Brace for Iran War Fallout Stock Market Investors Brace for Iran War Fallout

Wall Street has largely shrugged off geopolitical upheaval in recent years. But the United States’..
Top Fed Official Sees Little Effect on Rate Outlook From Supreme Court’s Tariff Ruling Top Fed Official Sees Little Effect on Rate Outlook From Supreme Court’s Tariff Ruling

Christopher J. Waller, a Federal Reserve governor, said he would support a pause in rate cuts in..
Trump’s Disdain for Borders Is Triggering Alarms Over Financial and Tech Sovereignty Trump’s Disdain for Borders Is Triggering Alarms Over Financial and Tech Sovereignty

European leaders have been compelled to address the possibility of once-remote risks to the..
Federal Debt to Hit Record Levels, Budget Office Warns Federal Debt to Hit Record Levels, Budget Office Warns

President Trump has reshaped the country’s economic policies, but the outlook for the budget..
Las criptomonedas se desploman, a pesar del apoyo de Trump Las criptomonedas se desploman, a pesar del apoyo de Trump

El bitcóin cotiza a menos de 64.000 dólares, un descenso de casi el 50 por ciento desde su precio..
Trump Picks Kevin Warsh as Next Fed Chair Trump Picks Kevin Warsh as Next Fed Chair

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace..
Kevin Warsh, Trump’s Choice for Fed Chair, Could Find It Difficult to Deliver Kevin Warsh, Trump’s Choice for Fed Chair, Could Find It Difficult to Deliver

Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face..
Lukoil Gas Station Franchisees Caught in a Fight Between US and Russia Lukoil Gas Station Franchisees Caught in a Fight Between US and Russia

After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects ..
Fed, Signaling Little Urgency, Prepares to Pause on Rate Cuts Fed, Signaling Little Urgency, Prepares to Pause on Rate Cuts

The Federal Reserve is expected to hold interest rates steady on Wednesday, despite relentless..
Supreme Court Considers Trump’s Attempt to Fire Fed Governor Lisa Cook Supreme Court Considers Trump’s Attempt to Fire Fed Governor Lisa Cook

The justices deferred a decision on the president’s efforts to oust Cook, agreeing to hear..
Why Trump’s Control of the Fed Could Be Dire Why Trump’s Control of the Fed Could Be Dire

Will the president will be able to escape one of the central constraints on executive power in our..
Bessent Attended a Supreme Court Argument. Now He’s Telling Powell Not To. Bessent Attended a Supreme Court Argument. Now He’s Telling Powell Not To.

Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a..
How to Prevent Aging Parents and Relatives from Making Financial Mistakes How to Prevent Aging Parents and Relatives from Making Financial Mistakes

Getting family members to listen to you when you think they are headed down a dangerous financial..
Coinbase and the Crypto Revolt Against a Crypto Bill Coinbase and the Crypto Revolt Against a Crypto Bill

Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil —..
David Webb, Investor Who Took on Hong Kong Tycoons, Dies at 60 David Webb, Investor Who Took on Hong Kong Tycoons, Dies at 60

From his internet platform, he became a tenacious watchdog fighting financial regulators for..
Rotating Cast of Wall Street Figures Were Listed as Executors of Epstein’s Will Rotating Cast of Wall Street Figures Were Listed as Executors of Epstein’s Will

Copies of Jeffrey Epstein’s last will and testament show that the convicted sex offender and..
Did Charlie Javice’s 147-Member Legal Team Expense $529 in Gummy Bears? Did Charlie Javice’s 147-Member Legal Team Expense $529 in Gummy Bears?

JPMorgan has had to pay tens of millions in legal costs for the convicted fraudster. It wants the..
U.S. Inflation Slowed to 2.7% in November as Shutdown Distorts Data U.S. Inflation Slowed to 2.7% in November as Shutdown Distorts Data

Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding..
Los mercados globales sufren un momento de volatilidad Los mercados globales sufren un momento de volatilidad

Algunos expertos ven una peligrosa combinación de factores que recuerdan las prácticas que..
Wall Street’s Top Cop Ushers In Lighter-Touch Oversight of Banks Wall Street’s Top Cop Ushers In Lighter-Touch Oversight of Banks

Michelle W. Bowman, the Federal Reserve’s new vice chair for supervision, has advanced regulatory..
As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal

The Justice Department embraced a novel conservative legal theory that it said blocked the Federal..
The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse. The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.

The last three policy votes have featured some form of dissent, as officials grapple with how to..
Fed Cuts Interest Rates for Second Time This Year Fed Cuts Interest Rates for Second Time This Year

Fed Chair Jerome Powell announced that the Federal Reserve would cut interest rates by another..
The Fed Resisted Trump. Can It Resist a Return of Inflation? The Fed Resisted Trump. Can It Resist a Return of Inflation?

The Federal Reserve didn’t comply with President Trump’s wishes.
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages,..
Fed’s Policy Path Looks More Treacherous as Shutdown Delays Critical Data Fed’s Policy Path Looks More Treacherous as Shutdown Delays Critical Data

The central bank is poised to lower interest rates again on Wednesday despite having only a partial ..
previous post