The US federal government on Monday reported its biggest budget deficit in February in six years. By some accounts, the news offers another reason for projecting that Washington’s red ink and inflationary pressures will heat up in the months and years ahead.
Continue reading →

House GOP ends Russia probe, finds no collusion: The Hill
Kudlow cited as favorite as new economic adviser to Trump: Bloomberg
Trump blocks Broadcom’s bid for Qualcomm, raising policy questions: Reuters
Republicans try to pull out win in today’s special House election in Penn: Time
UK expected to take “extensive measures” against Russia in poisoning case: BBC
US gov’t’s budget deficit in Feb is biggest in six years: Bloomberg
Boston Fed President: trade tariffs will have slight impact on economy: WaPo
Various measures of wages reflect muddled trend: NY Times
Wage growth can still vary quite a bit when jobless rate is low: WCEG