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When Atlas sat to write this note, the working title was “What a Difference a Day Makes,” but less than 24 hours later, that tagline no longer fit.

The yield curve is a picture of how much interest the U.S. government has to pay to borrow money over different periods of time. These loans can vary from just a few months to several decades. Typically, the rates rise as the time horizon for repayment increases. But that is not always the case.

The yield curve is a picture of how much interest the U.S. government has to pay to borrow money over different periods of time. These loans can vary from just a few months to several decades. Typically, the rates rise as the time horizon for repayment increases. But that is not always the case.

The Congressional Budget Office (CBO) is Congress’ statutory, nonpartisan budget and economic analysis agency, employing professional analysts under politically-neutrality and conflict-of-interest rules. They just released an assessment of costs associated with the combat operations against Iran.

America is drunk with debt, and the cost of the tab is under the influence of monetary and fiscal policies around the world. With few exceptions, our government saddles future generations with bills from current spending. It has been easy to do since the world’s primary reserve currency is the U.S. dollar, offering global markets a deep, liquid, and secure place to store savings.

When a strike is thrown in baseball, it gets recorded as a K in the box score. This is a peculiar letter to use, but sportswriter Henry Chadwick already assigned  “S “ to sacrifice (later changed to single), so he used the last letter of struck to identify when a player struck out.

Rudolph Diesel patented a compression-ignition engine long before diesel fuel was standardized. In 1893, Germany granted him the patent, a year after he applied for it. Shortly thereafter, America granted him one as well. Mr.

Let’s start this note off with a couple of definitions. A budget deficit is a flow measured over a period, typically a fiscal year. These occur when a nation spends an amount greater than the revenue it collects. In America, most of the revenue collected by the federal government is in the form of taxes.

Water is a vital economic input. Besides satiating one’s thirst in the middle of summer, it gets used in agriculture, energy production, manufacturing, mining, construction, transportation, and waste. Shortages in the Western United States are already pushing up costs on many of the previously mentioned uses. But El Nino is coming. Could that help?

For you kids out there who may be too young to remember ancient American history, please allow me a moment to turn back to the days when Arkansan Bill Clinton was president. It was toward the end of the last century when he asked, “You mean to tell me that the success of the economic program and my re-election hinges on the Federal Reserve and a bunch of f***ing bond traders?”