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Fed official MUSALEM said credit is being crowded out in some parts of the economy.

2026-08-20

Fed official MUSALEM said credit is being crowded out in some parts of the economy.

Other News
2026-08-20

US federal debt topped $40 tln on Tuesday, having doubled in under 10 years. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, urging lawmakers to act swiftly, saying no one knows how many more such milestones the US can t

US federal debt topped $40 tln on Tuesday, having doubled in under 10 years. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, urging lawmakers to act swiftly, saying no one knows how many more such milestones the US can tolerate and that domestic voter concern, market warnings, foreign competition or the costs of inaction should prompt action. She flagged other warning signs, notably a rising debt-to-GDP ratio; national debt was about 122% of GDP ($31.87 tln) in Q1 2026.
2026-08-20

Supermicro (SMCI.O) opened 2.8% higher.

Supermicro (SMCI.O) opened 2.8% higher.
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