ARTICLES

Social Security and Medicare Boards of Trustees SUMMARY OF THE 2024 ANNUAL REPORTS  The Trustees of the Social Security and Medicare trust funds report on the current and projected financial status of the two programs each year. This document summarizes the findings...

Adam ZakiReporter In what would be a CFO’s worst nightmare, the Department of Defense (DoD) has failed its seventh audit in a row since its first in 2018. While the consequences of audit failures have caused major issues for private businesses, the country’s largest...

The United States is currently in a "death spiral" of debt that could lead to an economic "heart attack" if both parties do not work together to start cutting immediately, according to Ray Dalio, the founder of the world's largest hedge fund. During a recent...

Prices Are Still Way too High. Something has to give. By Wolf Richter for WOLF STREET. Yesterday, we looked at the surge of new completed “spec” houses for sale, and at the surge of new houses for sale at all stages of construction, for the US overall. Now we’ll look...

By Paolo Confino Market indicator that guides much of the investment philosophy of vaunted value investor Warren Buffett is signaling the stock market could be significantly overvalued. One of Berkshire Hathaway chairman Warren Buffett’s favorite market metrics is...