A few years back, Silicon Valley Bank (and a few other regional banks) got into trouble because they held too many long-dated government bonds. Government bonds are generally a safe investment; ...

The balance of payments is a double-entry accounting system that's based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with ...

The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...

This story was updated with new information. Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had ...