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54 Results found for low interest rates

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American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
 
New worries as home values plunge in a decrease that hasn’t been seen since the Great Recession
New worries as home values plunge in a decrease that hasn’t been seen since the Great Recession
 
It’s been quite a year for the state and national economy. Looking back on 2022, North Carolina saw economic growth and recovery from lockdowns but also indications of a recession.
It’s been quite a year for the state and national economy. Looking back on 2022, North Carolina saw economic growth and recovery from lockdowns but also indications of a recession.
 
The ruling class thought they could shut down large swaths of the economy during Covid, and paper over any negative effects by flooding the economy with newly-printed money. But all they did was delay the inevitable economic carnage.
The ruling class thought they could shut down large swaths of the economy during Covid, and paper over any negative effects by flooding the economy with newly-printed money. But all they did was delay the inevitable economic carnage.
 
Amazon founder Jeff Bezos slammed Democrat President Joe Biden on Sunday for trying to claim that his administration had lowered the deficit amid skyrocketing inflation.
Amazon founder Jeff Bezos slammed Democrat President Joe Biden on Sunday for trying to claim that his administration had lowered the deficit amid skyrocketing inflation.
 
The House of Representatives faced backlash late this week over a plan to use taxpayer money to give staffers in Washington, D.C., and in district offices across the country, free Peloton memberships while the American people feel the pain of soaring inflation rates.
The House of Representatives faced backlash late this week over a plan to use taxpayer money to give staffers in Washington, D.C., and in district offices across the country, free Peloton memberships while the American people feel the pain of soaring inflation rates.
 
Amazon founder Jeff Bezos slammed Democrat President Joe Biden late Friday evening for trying to connect skyrocketing inflation rates to corporations paying taxes.
Amazon founder Jeff Bezos slammed Democrat President Joe Biden late Friday evening for trying to connect skyrocketing inflation rates to corporations paying taxes.
 
Today, Governor Roy Cooper released a recommended budget for FY 2021-2023 that will strengthen North Carolina to emerge from the COVID-19 pandemic and ignite recovery for all North Carolinians.
Today, Governor Roy Cooper released a recommended budget for FY 2021-2023 that will strengthen North Carolina to emerge from the COVID-19 pandemic and ignite recovery for all North Carolinians.
 
Press Briefing by Press Secretary Jen Psaki and Deputy Director of the National Economic Council Bharat Ramamurti, March 9, 2021
 
Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
Gov. Roy Cooper is again pushing for a multibillion-dollar infrastructure bond, but Republican leaders caution that North Carolina’s still-unsteady economy makes it impossible to tell whether it would be prudent.
 
Douglas Carr offers National Review Online readers a critique of the Federal Reserve‘s latest policy change.
Douglas Carr offers National Review Online readers a critique of the Federal Reserve‘s latest policy change.
 
Because the state hasn't passed an actual budget bill since FY 2018-19, however, the recommendations are essentially spending adjustments because there is no actual budget to adjust.
Because the state hasn't passed an actual budget bill since FY 2018-19, however, the recommendations are essentially spending adjustments because there is no actual budget to adjust.
 
Martin Hutchinson warns at National Review Online about problems tied to the American economy’s current trajectory.
Martin Hutchinson warns at National Review Online about problems tied to the American economy’s current trajectory.
 
This pandemic has affected every corner of our state, including our state budget needs. For many families, it has also shifted their priorities.
This pandemic has affected every corner of our state, including our state budget needs. For many families, it has also shifted their priorities.
 
Governor Cooper’s Budget Proposal Fights the COVID-19 Pandemic While Investing in North Carolina’s Future
Governor Cooper’s Budget Proposal Fights the COVID-19 Pandemic While Investing in North Carolina’s Future
 
“Support for a Determined North Carolina” lays out a path to weather the pandemic while boosting the state in the long term
“Support for a Determined North Carolina” lays out a path to weather the pandemic while boosting the state in the long term
 
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
 
Governor Cooper proposed a responsible bond to build new schools and update aging infrastructure
 
North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says.
North Carolina’s state pension plan is prepared to weather another recession, a Pew Charitable Trusts stress test says.
 
Joined by dozens of public school teachers and health care professionals and advocates, Governor Roy Cooper today spoke about his veto of the budget passed this week by the legislature.
Joined by dozens of public school teachers and health care professionals and advocates, Governor Roy Cooper today spoke about his veto of the budget passed this week by the legislature.
 
Ford Porter, spokesperson for Governor Roy Cooper, shared the following statement after the House and Senate Republicans released their conference budget:
Ford Porter, spokesperson for Governor Roy Cooper, shared the following statement after the House and Senate Republicans released their conference budget:
 
Remarks by President Trump and Prime Minister Abe of Japan Before Bilateral Meeting
 
"North Carolina should put a school bond to a vote so the people can decide whether to fix our old schools and build new ones. Skimming money that should go to teacher pay raises and other school funding is like using your gas money to buy a car."
"North Carolina should put a school bond to a vote so the people can decide whether to fix our old schools and build new ones. Skimming money that should go to teacher pay raises and other school funding is like using your gas money to buy a car."
 
Since President Trump has taken office, economic growth rates have soared, 4.2 percent in the last quarter, and unemployment rates are the lowest in decades, at present 3.7 percent
Since President Trump has taken office, economic growth rates have soared, 4.2 percent in the last quarter, and unemployment rates are the lowest in decades, at present 3.7 percent
 
N.C. Treasurer Dale Folwell on Thursday announced that all three major national bond rating agencies reaffirmed the state's "AAA" bond rating.
N.C. Treasurer Dale Folwell on Thursday announced that all three major national bond rating agencies reaffirmed the state's "AAA" bond rating.
 
The Federal Reserve Bank, also known as "The Fed," was created in 1913 to regulate the banks and to ensure a stable dollar
The Federal Reserve Bank, also known as "The Fed," was created in 1913 to regulate the banks and to ensure a stable dollar
 
Governor Pat McCrory announced today that the state has accepted offers totaling $12.6 million for three properties as part of his Project Phoenix initiative to return underutilized state properties to more productive and efficient use
Governor Pat McCrory announced today that the state has accepted offers totaling $12.6 million for three properties as part of his Project Phoenix initiative to return underutilized state properties to more productive and efficient use
 
As part of Governor McCrory's Project Phoenix initiative to return underutilized state properties to more productive and efficient use, the governor announced today that the state has completed the sale of the historic Bailey-Tucker House in Raleigh's Blount Street District.
As part of Governor McCrory's Project Phoenix initiative to return underutilized state properties to more productive and efficient use, the governor announced today that the state has completed the sale of the historic Bailey-Tucker House in Raleigh's Blount Street District.
 
As part of Governor Pat McCrory's Project Phoenix initiative to return underutilized state properties to more productive and efficient use, the governor announced today that the state has completed the $1.5 million sale of the historic Heck-Andrews House in Raleigh's Blount Street District
As part of Governor Pat McCrory's Project Phoenix initiative to return underutilized state properties to more productive and efficient use, the governor announced today that the state has completed the $1.5 million sale of the historic Heck-Andrews House in Raleigh's Blount Street District
 
Governor Pat McCrory announced that the state has completed the sale of two historic houses in the Blount Street District as part of his Project Phoenix initiative to return underutilized state properties to more productive and efficient use
Governor Pat McCrory announced that the state has completed the sale of two historic houses in the Blount Street District as part of his Project Phoenix initiative to return underutilized state properties to more productive and efficient use
 
Mark Twain's famous quip about the rumors of his demise applies to the private higher education lending industry
Mark Twain's famous quip about the rumors of his demise applies to the private higher education lending industry
 
It's cheap to borrow right now. That doesn't mean you ought to load up with new debt, however, and this same wisdom applies to the public sector
It's cheap to borrow right now. That doesn't mean you ought to load up with new debt, however, and this same wisdom applies to the public sector
 
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