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Eleanor Pringle

Eleanor Pringle

Fortune

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The Treasury may need to borrow an extra $1.6 trillion to cover the hole left by tariff ruling and a pay further $400 billion in debt interest

In total, deficits post-ruling will be $2 trillion larger than they were before the Supreme Court decision.

friday 10

Fortune

Eleanor Pringle

A shiny new Fed Chairman will be keen to start with an interest rate cut—but the bank is growing more hawkish due to Iran

"Clearly there’s growing scepticism that a new Chair can start cutting straight away, particularly with the data as strong as it is right now,"...

05.03.2026 8

Fortune

Eleanor Pringle

American consumers are the ultimate losers in the ‘immense mess’ that is $175 billion tariff refund, says Trump’s former commerce secretary

The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining partners, Ross said.

05.03.2026 87500

Fortune

Eleanor Pringle

U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex-commerce secretary—don’t expect them to get involved in Iran

Speaking exclusively with Fortune, Ross said Iran "is going at least as well as anyone could have hoped," and that he is "intrigued" that China and...

04.03.2026 10

Fortune

Eleanor Pringle

Jamie Dimon has a feeling inflation will be the ‘skunk at the party’—and the Iran conflict may already be enough to scare off the Fed for good

"We look at risk, at the broad range of outcomes, and there are negative outcomes. One of them would be inflation, I call it the skunk at the party,"...

03.03.2026 10

Fortune

Eleanor Pringle

Trump’s action against Iran is yet another wobble for government debt, warns UBS

"President Trump indicated attacks could go on for four or five weeks, and there are already reports of a need to urgently replenish weapons...

02.03.2026 30

Fortune

Eleanor Pringle

Your grandparents are the reason the U.S. isn’t in a recession right now. That won’t last forever

Boomers—particularly wealthy older people—are "driving the train" when it comes to the economy right now, economists told Fortune.

01.03.2026 10

Fortune

Eleanor Pringle

Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than the spending on social security, and equal to major health programs

Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with the provisions set aside for health and social security programs, and...

26.02.2026 4

Fortune

Eleanor Pringle

Gen Z and young millennials are the only ones feeling good about the economy—everyone else is worrying about trade and inflation

"Comments about prices, inflation, and the cost of goods remained at the top of consumer’s minds. Mentions of trade and politics also increased in...

25.02.2026 10

Fortune

Eleanor Pringle

Jamie Dimon’s got some advice to investors riding high on asset prices: ‘Take a deep breath and watch out’

"If you read history books, there are a lot of examples where you could get surprised," Dimon told analysts yesterday.

24.02.2026 9

Fortune

Eleanor Pringle

Scott Bessent has ‘got a feeling’ that $175 billion raised under IEEPA is lost to the American people for good

"My sense is that could be dragged out for weeks, months, years," Treasury Secretary Scott Bessent said.

23.02.2026 1000

Fortune

Eleanor Pringle

Jerome Powell knows the Fed’s balance sheet got too big—Kevin Warsh has a plan, he just has to sell it without freaking out the markets

"I've got a lot of sympathy for Warsh's view. But the transition from here to where he wants to get, could be problematic."

21.02.2026 150

Fortune

Eleanor Pringle

Trump’s justification for the tariffs was rebalancing the trade deficit—it’s not going the way he wanted

Perhaps unsurprisingly, given the escalating tensions between Washington and Beijing, in 2025 the deficit with China decreased $93.4 billion to $202.1...

20.02.2026 10

Fortune

Eleanor Pringle

A headache is already emerging for Kevin Warsh at the Fed: some members aren’t just resisting a rate cut, they’re open to a hike

"While Warsh may enter with a perceived dovish bias, he will first need to demonstrate that his views are anchored in economic fundamentals rather...

19.02.2026 10

Fortune

Eleanor Pringle

Job hopping for better wages no longer pays off the way it used to, ADP analysis says

In some roles, it actually pays to stick with the same employer. In leisure and hospitality and IT, workers who stayed in their roles actually saw...

18.02.2026 10

Fortune

Eleanor Pringle

Jerome Powell is facing a ‘puzzlement’ of economic data, with contradictions likely to freeze any immediate action on the base rate

"Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports," Oxford...

17.02.2026 10

Fortune

Eleanor Pringle

Brian Moynihan isn’t so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles

"People wrote ... in 1969 that there would be no managers left in business because the computer itself would eliminate the need for managers, because...

16.02.2026 40

Fortune

Eleanor Pringle

Trillion-dollar AI market wipeout happened because investors banked that ‘almost every tech company would come out a winner’

"Nobody truly knows who the long-term winners and losers of this extraordinary technology will be," Deutsche's Jim Reid wrote this morning.

16.02.2026 10

Fortune

Eleanor Pringle

We’ve probably already seen ‘Peak Trump,’ says PIMCO, with the Oval Office now constrained by courts and midterms

"Markets may be reminded that under the U.S. Constitution, no president—even one as historic as President Trump—has unchecked power," PIMCO's...

13.02.2026 40

Fortune

Eleanor Pringle

Welcome to the ‘E-shaped’ economy: Wealth gap is no longer between just high and low earners, the middle class is also struggling out on its own

A look at BofA's data shows the shape of the consumer economy is no longer a K—if we're sticking with the alphabet theme, one might suggest an 'E'...

12.02.2026 8

Fortune

Eleanor Pringle

America’s national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says

Annual interest payments will double to $2.14 trillion by 2036, nearly double the yearly budget for spending on defense.

12.02.2026 200

Fortune

Eleanor Pringle

Trump’s Canada bridge meltdown dismissed by UBS as an unlikely TACO trade ‘in the post-Heated Rivalry environment’

Trump's claim that a trade deal between China and Canada would result in an ice hockey ban "perhaps underestimates the general Canadian support for...

10.02.2026 6

Fortune

Eleanor Pringle

China might be beginning to back away from U.S. debt as investors get nervy about over-exposure to American assets

BRIC nations have been "quietly leaving the Treasury market," ING observed in December.

09.02.2026 6

Fortune

Eleanor Pringle

Software selloff giving you deja vu? We’ve been here before, says Deutsche Bank, when the dotcom bubble burst

"Interestingly, that pattern echoes what we saw in 2000 as the dot-com bubble started to burst," Deutsche's Henry Allen wrote. "Equities started to...

06.02.2026 6

Fortune

Eleanor Pringle

Trump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post

The Democrat roadblock was expected but “raises the prospect of Chair Powell staying on as FOMC chair (not Board of Governors chair) beyond May,”...

04.02.2026 8

Fortune

Eleanor Pringle

Ken Griffin is apparently done with ‘sucking up’ to the White House

"Most CEOs just don't want to find themselves in the business of having to, in some sense, suck up to one administration after another to succeed in...

04.02.2026 10

Fortune

Eleanor Pringle

President Trump just missed a key legal deadline for his spending plans—stoking economists’ fears over the $38.5 trillion national debt

"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And...

03.02.2026 10

Fortune

Eleanor Pringle

Trump ‘woke the rest of the world up’ to leveraging economic firepower against trade partners, says Morgan Stanley CIO

“Our view is that this is a multiyear phenomenon that is worth investing in,” Morgan Stanley Wealth Management’s Lisa Shalett said.

02.02.2026 5

Fortune

Eleanor Pringle

‘FOMO’ trade finally loses steam as gold and silver sink on Warsh nomination

"Price action had long since detached from any sane discussion on debasement, but it often takes only a small ripple to trigger a broader correction,"...

02.02.2026 6

Fortune

Eleanor Pringle

‘I just don’t have a good feeling about this’: Top economist Claudia Sahm says the economy quietly shifted and everyone’s now looking at the wrong alarm

EXCLUSIVE: The creator of the Sahm Rule on why she's concerned about the long-term health of America's economy.

31.01.2026 20

Fortune

Eleanor Pringle

Trump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025

EXCLUSIVE: The year-on-year inflation increase equates to an added cost of $2,120 per household, assuming they purchased the same goods and services...

31.01.2026 10

Fortune

Eleanor Pringle

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here's what might be in store for the central bank.

30.01.2026 10

Fortune

Eleanor Pringle

Get used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsized benefit for the wealthy

"Eventually it might bring things together, but in the meantime ... it's unlikely that AI helps at all with the K-shaped economy," Innes McFee, CEO of...

29.01.2026 20

Fortune

Eleanor Pringle

Don’t hold your breath for a Fed rate cut any time soon. In fact, some say a hike could be on the cards

"Underpinning this is our belief that the labor market is improving, and that unemployment will decline ahead on a trend basis," wrote the Macquarie...

27.01.2026 4

Fortune

Eleanor Pringle

Government shutdown odds hit 79% as Capitol Hill fractures over Minnesota shooting

Chris Murphy, the Senator for Connecticut, highlighted that a government shutdown could "easily" be avoided if President Trump chose to remove the...

26.01.2026 9

Fortune

Eleanor Pringle

Jamie Dimon is done being ‘binary’: On Trump’s ‘economic disaster’ credit card plan, foreign policy, and NATO

"Since there's a huge disagreement on this one ... I think we should test it," Dimon said of Trump's 10% credit card rate cap.

22.01.2026 8

Fortune

Eleanor Pringle

Ken Griffin says America was sent an ‘explicit warning’ from the bond market and it’s time to get the national debt in order

"I think there's an explicit warning that if your fiscal house is not in order, the bond vigilantes can come out and retract their price," Ken Griffin...

22.01.2026 20

Fortune

Eleanor Pringle

Jamie Dimon says he’d have no issue paying higher taxes if it actually went to people who need it. Right now it just goes to the Washington ‘swamp’

“If you said, ‘Raise taxes and directly give it to the people who need it’? I’d do it.”

22.01.2026 10

Fortune

Eleanor Pringle

Scott Bessent insists he’s ‘not concerned at all’ about investors Selling America—despite the fact it’s unravelled tariffs before

“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant," said Scott Bessent.

21.01.2026 10

Fortune

Eleanor Pringle

Wall Street is once again banking on the TACO trade because they’ve been ‘burned’ by believing Trump before

At the time of writing, only 17% of Polymarket betters believe all the tariffs Trump has threatened against Europe will go into effect on February 1....

20.01.2026 10

Fortune

Eleanor Pringle

America’s ‘Achilles Heel’ of national debt is exposed by Trump’s Greenland tariff threat, warns Deutsche Bank

"While in many ways it feels like the U.S. holds the economic cards, it doesn’t hold all the funding cards in a world that will be very disturbed by...

19.01.2026 60

Fortune

Eleanor Pringle

National debt is already killing the American Dream, says top economist—and it might push the U.S. into an outright depression

"There are fewer opportunities," Kurt Couchman added. "The opportunities that are there aren't paying as well. Productivity is being suppressed."

18.01.2026 70

Fortune

Eleanor Pringle

Jamie Dimon says his success is down to ‘details, no bullsh**ting, or meetings after meetings’ because complacency is what kills companies

"Big companies slow down, they become complacent, they become bureaucratic ... arrogant," Dimon said.

16.01.2026 20

Fortune

Eleanor Pringle

Trump’s ‘Department of War’ rebrand could cost $125 million to replace all the stationery and signs, the CBO says

A conservative estimate would be $10m, wrote the Congressional Budget Office, but depends on how aggressive the Department of War wants to be with...

15.01.2026 7

Fortune

Eleanor Pringle

Economy is marginally improving but only because the rich are splurging on luxury items and holidays, the Fed says

The Minneapolis Fed said that while retailers catering to higher-end consumers reported increased sales, those targeted at middle and lower-end...

15.01.2026 20

Fortune

Eleanor Pringle

‘You can’t just keep borrowing money endlessly’: Jamie Dimon warns $38 trillion national debt is going to ‘bite’ eventually, it’s just a case of when

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, echoed: "Despite being more than a quarter into [2026] our...

14.01.2026 50

Fortune

Eleanor Pringle

Wall Street expects Trump’s Fed plot to ‘backfire’ spectacularly—perhaps even shutting the door more firmly on rate cuts

"Any nominee from U.S. President Trump is likely to have to place additional emphasis on their independence to try and prove they are above politics."

13.01.2026 10

Fortune

Eleanor Pringle

Bill Gates says AI could be used as a bioterrorism weapon akin to the COVID pandemic if it falls into the wrong hands

"We’ll need to be deliberate about how this technology is developed, governed, and deployed," Gates wrote.

09.01.2026 8

Fortune

Eleanor Pringle

Bill Gates warns the world is going ‘backwards’ and gives 5-year deadline before we enter a new Dark Age

"I believe that, within the next decade, we will not only get the world back on track but enter a new era of unprecedented progress," Gates wrote in...

09.01.2026 10

Fortune

Eleanor Pringle

For jobless Gen Z, healthcare is the place to be as blue-collar hiring outstrips office jobs, says ADP’s top economist

ADP's jobs report delivered a sucker-punch to Gen Z grads this week: While hiring is up across private payrolls according to December data, it was...

08.01.2026 20

Fortune

Eleanor Pringle