Worldwide total government debt as of 2024, at least according to this source, was $97.5T. That means the US accounts for roughly one-third of global government debt. The US + China + Japan are almost ...
Wall Street got the rate cut it wanted. But with the Federal Reserve set to take a more cautious approach to trimming interest rates in 2026, investors are now left to wrestle with other concerns that ...
The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in ...
Ray Dalio is not known for gentle language, and his latest warnings about American finances are some of his starkest yet. He ...
The Trump administration announced a joint legal settlement that will end Biden's main student debt relief program.
A $15T U.S. debt wall could trigger a liquidity crisis. Foreign demand for Treasuries is waning. Read here for more insights ...
Ecobank Nigeria is trying to fend off concerns that it will default on a $150 million bond coming due in February. It wants ...
The United States now carries one of the largest public debt loads in history, and the raw figures are staggering enough to ...
Elon Musk claims AI and robotics are the only solution to America's $38 trillion debt crisis, predicting dramatic economic ...
On Nikhil Kamath’s podcast, Elon Musk said large-scale AI and robotics are the only way to solve the US debt crisis and predicted a deflationary shift within three years.
Politics and debt don’t mix well. Americans would be wise to look across the Atlantic to see how tough things can get. The U.K. government demonstrated the problem with its annual budget, where it is ...
For now, and in the foreseeable future, fiscal adjustment is a political non-starter in the US, where the prospect of higher taxes or cuts to Social Security and Medicare is a surefire way to lose ...