Gizem Kosar, Ishva Mehta, and Wilbert van der Klaauw Current discussions regarding a bifurcated U.S. economy highlight the increasing economic divide between…
ECONOMY
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Matthew Higgins and Thomas Klitgaard Foreign holdings of U.S. financial assets are immense, with official estimates putting their current market value at…
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Simone Lenzu In the third quarter of 2025, America’s largest tech firms for the first time spent more on capital investment than…
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Nina Boyarchenko and Leonardo Elias The global corporate nonfinancial bond market is both a large investment asset class and a vital source…
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Hunter L. Clark, Jeffrey B. Dawson, and Shad Turney Editor’s Note: The original version of the post included an inaccurate statement about…
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Richard Audoly, Miles Guerin, and Giorgio Topa As generative AI tools become more widely used, a key issue is the technology’s impact…
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Zara Jacob, Donghoon Lee, Daniel Mangrum, Joelle W. Scally, and Wilbert van der Klaauw During 2026:Q1, household debt balances increased slightly, by…
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Viral V. Acharya, Nicola Cetorelli, and Bruce Tuckman Do the recent stresses in the NBFI space—notably the bankruptcies of Tricolor and First…
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Rajashri Chakrabarti, Thu Pham, Beck Pierce, and Maxim Pinkovskiy In March 2026, energy prices surged to a four-year high, driven by the…
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Hunter L. Clark and Gregory Simitian Over the past year, U.S. trade policy with China has undergone enormous changes, but with surprisingly…
