S&P Global Ratings announced yesterday that it was changing its outlook on San Francisco’s debt from stable to negative. The outlook on the city-county’s outstanding general obligation and appropriation debt was cut to negative from stable this week by the ratings company. The weakness in the city’s commercial real estate market and tourism activity were […]
The federal budget is headed for a world of pain in the coming decades, the Congressional Budget Office projected Wednesday, but said things are looking a little better because of the spending cuts the GOP pressured President Biden into making last year. CBO’s long-term outlook shows spending, already larger than usual, will grow even more, […]
Those darn Chinese, they spoil everything. Particularly when you’re an industry that need subsidies to survive because you haven’t been able to stand alone yet, even after decades of government largesse greasing your skids. Just when you think you’ve finally got it made, climate cultists have taken over running the country, and are bankrupting everyone […]
After an extended period of gloom, Americans are starting to feel better about inflation and the economy – a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden‘s political fortunes. A measure of consumer sentiment by the University of Michigan has jumped in the past two months by the […]
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