Robert Burgess

The implosion of subprime auto lender Tricolor Holdings has rocked America’s banking system. Even the mighty JPMorgan Chase & Co. failed to come away unscathed, recording a loss of $170 million on loans to the Dallas-based firm following its bankruptcy filing last month. Federal prosecutors are looking into allegations of fraud. “I probably shouldn’t say this, but when you see one cockroach, there are probably more,” Chief Executive Officer Jamie Dimon declared. “Everyone should be forewarne

Regardless of the truth of allegations against Fed Governor Lisa Cook and others, it’s clear that the process of getting a mortgage is far too onerous.

In choosing a White House insider as governor, Trump has shown he is more interested in central bank influence than in its independence.

The levies are a massive tax on households and businesses, and they’re dragging down consumer spending and job growth.

The drop in debt-to-GDP in 2025 requires nothing short of an economic miracle over the next few months.

The American Dream megamall and entertainment complex in the Meadowlands isn’t coming close to living up to its name.

The American Dream megamall and entertainment complex in the Meadowlands isn’t coming close to living up to its name.

Soft demand at an auction of 20-year Treasury securities underscores the concern about rising debt and deficits in the US.

Between tariffs and the coming fiscal stimulus, expectations of lower borrowing costs this year are rapidly diminishing.

Take the firm’s decision to strip the country of its top Aaa credit rating seriously, not literally.

The White House made no mention of how the framework met the objectives of raising revenue or reshoring manufacturing.

Trump’s objectives of revenue generation, reshoring and an international reset are incompatible with each other.

The Trump administration is making a very risky bet that allowing the economy to slow down will make it stronger.

A refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses.

A refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses.

The nation’s trade surplus with the US tells a story, but it isn’t the one Trump is pushing.

Tariffs won't fund the president's priorities, and they endanger the flow of foreign capital on which government borrowing depends.

Bloomberg Opinion’s fiscal hawk takes on its market optimist in a debate about whether the US is on a path to financial ruin.

Equity investors should give up on hopes that cash in money market funds will move into stocks on a pullback.

The US has an unusually high amount of borrowing to do next year, and it can no longer count on price-insensitive buyers.