Rob Garver

Real Estate Debt Crisis and Energy Shortage Threaten China’s Economic Growth 

As Beijing manages multiple threats to the economy, international investors look askance at many Chinese firms

US Debt Ceiling: What’s Behind the Latest Crisis in Washington?

Rule that was originally meant to make borrowing money easier now handcuffs Treasury Department on a regular basis

Can a Single Trillion-Dollar Coin Save the US From Default?

The idea has been gaining traction in some circles as the country once again faces a fiscal crisis

As Prices for Goods and Services Rise Worldwide, Inflation Feels Less 'Transitory'

In the US, Europe and Asia, prices for food, fuel and other goods and services continue a relentless upward climb

Colleagues' Stock Trading Scandals Slow Fed Chief Powell's March to Renomination

Fed Chair Jerome Powell's chief antagonist in Congress, Democratic Senator Elizabeth Warren, is calling for an investigation by the Securities and Exchange Commission

China’s Belt and Road Initiative Is About Profit, Not Development, Study Finds

Loans under BRI carry interest rates four times higher than those from OECD nations

5 Ways US Debt Default Would Echo Through Global Economy

The spillover effects would hurt developing countries, and possibly benefit Europe and China

Uncertainty Grips Washington in Face of Another Possible Shutdown

Once the government shuts down, one expert said, starting it up again isn't like flipping a switch

Amid Democratic Infighting, Biden's Domestic Agenda Hangs by a Thread

The party risks having little to show for its time with united control of Washington

Chinese Officials Warn of Fallout from Potential Evergrande Default 

If the giant real estate firm cannot pay its debts, a government-led restructuring could be in the future

Disagreement Over Debts, Spending Plunge Washington Into Crisis Mode 

Democrats face biggest political test since taking power in January

Lawmakers Urge Justice Department to Act Against Rising Hate Crimes in US

Bias crimes in US spiked to the highest level since 2001 last year, driven by increases in anti-Black, anti-Asian attacks

'Understaffed, Underfunded' Agency Implements US Vaccine Mandate 

Occupational Safety and Health Administration hasn’t had a permanent director in nearly five years 

US Debt Limit Struggle Raises Specter of Catastrophic Default

There is bipartisan agreement that limit must be raised, but Republicans want to force Democrats to take political heat 

House Democrats Seek Major Tax Hike on Wealthy, Businesses

Though it would move policy in the same direction that President Biden has advocated, the proposal does not increase taxes as much as the administration would like

In Historic First, Woman of Color Expected to Be Next Mayor of Boston

Since 1822, the office has only been held by white men

Backlash Against Biden’s Vaccine Mandate Mounts Within GOP

Experts say promised lawsuits aimed at stopping or slowing a vaccine mandate are likely to fail

Aid Programs Reduced Hunger in US in 2020, but Racial Disparities Worsened 

Unique Texas Abortion Law Creates Legal Confusion

With nobody to sue, opponents have been unable to block the law, despite its clear conflict with existing precedent

Highly Indebted Chinese Companies Pose Challenge for Beijing

With two huge corporations teetering on the edge of default, Beijing is testing a more hands-off policy approach