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CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion
The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest…
Why insurers are taking up climate consulting
“The insurers always know first.” That’s the view of one fund manager, referring to how some credit insurance providers reduced their exposure to First Brands ahead of the auto…
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FAA: Shutdown-driven staffing shortages disrupting operations at major airports
The Federal Aviation Administration issued an updated operations plan on Thursday outlining how staffing shortages and weather are continuing to impact Air Traffic Control…
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Assessing the First Brands carnage
One thing to start: Former UK prime minister Rishi Sunak has been appointed as a senior adviser by Microsoft and Anthropic. Sunak worked with both tech groups as the UK premier,…
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