Mike Patton covers the financial markets, the economy, and the national debt. He has been writing for Forbes since 2009 when he reported the raid of Allen Stanford’s company, Stanford Financial Group.
In today’s world of disinformation, misinformation, and outright lies, his
Trump’s Tariffs Spark Global Selloff, Raising Recession Risk
Trump's tariffs have caused widespread panic among stock investors, leading to a greater risk of recession.
Is A Recession Looming? An Economic Update From Fed Chair Powell
Is the U.S. headed for a recession? Millions of Americans are asking this question. Here's what Fed Chair Powell had to say about the U.S. economy.
DOGE Gets Boost From GAO Report: $162 Billion In Improper Payments
The GAO estimates the total amount of improper payments since fiscal year 2003 at $2.8 trillion and the actual amount may be much higher.
UAW President Shawn Fain Supports Trump’s Tariffs. Here’s Why
Responding to Trump's tariffs, UAW President Shawn Fain said, "Tariffs are an attempt to stop the bleeding from the hemorrhaging of jobs in America for the last 33 years."
Trump’s Tariffs And Trade: Uncertainty, Chaos Or Brilliance?
Trump ran on a platform of reducing the size and scope of the federal bureaucracy. While his methods may be controversial, what are the results thus far? Read for more.