Low Interest Rates Are Threat to Pension Funds, Life Insurers, Says OECD

The Organization for Economic Cooperation and Development warned on Wednesday that prolonged low interest rates fueled by central banks’ quantitative easing pose a serious threat to the solvency of pension funds and life insurers that could send ripples through the global financial system. As interest rates are expected to stay low for an extended period,…

Low Interest Rates Are Threat to Pension Funds, Life Insurers, Says OECDDetails

Government Debt Threatens to Send U.S. Economy into Death Spiral, CBO Warns

Rising federal debt threatens to choke economic growth within a decade, beginning a death spiral that will sap revenue from government programs even as demands grow, forcing the government to borrow even more, Congress‘ budget watchdog said in a frightening report Tuesday. Budget cuts or tax increases now would help avert that scary scenario, leaving…

Government Debt Threatens to Send U.S. Economy into Death Spiral, CBO WarnsDetails

U.S. Economy Still Running Below Trend in May, Chicago Fed Indicator Shows

The U.S. economy was still running below trend in May, according to the Chicago Fed’s national activity index released Monday. The index, a weighted average of 85 different economic indicators, edged up to negative 0.17 from negative 0.19, and the three-month average edged up to negative 0.16 from negative 0.20. A zero reading shows the…

U.S. Economy Still Running Below Trend in May, Chicago Fed Indicator ShowsDetails