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US Losing Ability To 'Tax The World' To Fund Deficits, Warns Thomas Massie Amid Diminishing Dollar Dominance
Yahoo Finance· 2026-01-20 21:31
Rep. Thomas Massie (R-Ky.) issued a stark economic warning on Saturday, cautioning that the United States is losing its unique ability to export inflation to other nations. As the U.S. dollar's status as the global reserve currency diminishes, Massie argues that Americans will soon face the "full inflation tax" necessary to service the nation's soaring debt. The End Of ‘Exorbitant Privilege' Massie's comments highlight a critical, often overlooked mechanism of the American economy: the ability to print m ...
Stock Market Today, Jan. 20: Nasdaq, S&P 500 fall 2% as Trump's Greenland threats ignite drama with Europe
Yahoo Finance· 2026-01-20 17:33
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Tuesday. This is TheStreet’s Stock Market Today for Jan. 20, 2026. You can follow the latest updates on the market here in our daily live blog. Update: 4:22 p.m. ET Netflix Earnings Beat Estimates, Slide Anyways In a busy day for financial earnings, streaming giant Netflix might be the odd one out, but its results bested expectations in its ...