CBO: Treasury may need to borrow extra $1.6 trillion to cover the hole left by tariff ruling
When the Supreme Court ruled late last month that the majority of tariffs implemented by the second Trump administration in ...
Tag: Debt
America’s $901 billion trade deficit is like ‘chronically high cholesterol,’ top economist says, and Trump’s 150-day tariffs are the wrong medicine
President Donald Trump has framed the U.S. trade deficit as a “national emergency” and a threat to Americans’ “way of ...
U.S. debt concerns weigh on Trump’s plan to supersize the Pentagon’s budget to $1.5 trillion
President Donald Trump’s plan to boost defense spending 50% to $1.5 trillion has reportedly run into some resistance, including fears ...
US literally can’t afford to lose superpower status—so we’re stuck in loveless marriage with Europe
Despite fears the trans-Atlantic alliance would break up over President Donald Trump’s desire to take over Greenland, the U.S. and ...
US debt spiral could start in coming years when interest rate on borrowing tops GDP growth
Total federal debt is nearing an ominous milestone in a few years, but a potentially more troubling tipping point could ...
Elon Musk warns the U.S. is ‘1,000% going to go bankrupt’ unless AI and robotics solve debt crisis
Tesla CEO Elon Musk doubled down on his warnings about U.S. debt, predicting financial doom will be guaranteed without the ...
As national debt heads toward $40 trillion, U.S. needs a stable dollar, former Fed president says
President Donald Trump welcomed the dollar’s recent decline, but a former Federal Reserve president said the astronomical size of U.S. ...
Deutsche Bank says US national debt is ‘achilles heel’ in Trump’s Greenland threats
President Trump may be overplaying his hand in negotiations for Greenland, economists are warning, after the Oval Office threatened new ...
Dollar sinks as Trump’s new tariffs raise fears about U.S. debt and reserve currency status
The greenback dropped while precious metals rallied Sunday as financial markets started reacting to President Donald Trump’s new tariff threats. ...
National debt is already killing the American Dream, says economist Kurt Couchman
The government’s $38.5 trillion national debt is suffocating the American Dream, a leading economist has warned, and if a highly ...
Trump’s Venezuela plan just got a whole lot more expensive, as he says the U.S. could give ‘tremendous’ sums to oil companies building there
Despite capturing Venezuela’s president, Nicolás Maduro, and his wife, Cilia Flores, Donald Trump’s intervention in the nation has so far ...
U.S. debt’s ‘easy times’ are now over as hedge funds jump into the bond market
The holders of U.S. debt have shifted drastically over the past decade, tilting more toward profit-driven private investors and away ...
Paramount, Netflix spur Wall Street race to win jumbo loan deals
In the space of less than a week, the bidding war for Warner Bros. Discovery Inc. has unleashed two multi-billion ...
US debt crisis: Most likely fix is severe austerity triggered by a fiscal calamity
One way or another, U.S. debt will stop expanding unsustainably, but the most likely outcome is also among the most ...
Why is Senegal squaring up to the International Monetary Fund? | Debt News
Senegal is at loggerheads with the International Monetary Fund (IMF) over a bailout it urgently needs to plug a gaping ...
G20 fails to deliver on sovereign debt distress | Debt News
Heads of state from the world’s most powerful countries gathered in Johannesburg, South Africa, over the weekend for a summit ...
Fifth French PM quits in three years: Can Macron survive, and what’s next? | Emmanuel Macron News
French Prime Minister Sebastien Lecornu has plunged France further into a political deadlock after he resigned just hours after forming ...
Supreme Court temporarily blocks Fed Governor Cook firing | Banks News
The United States Supreme Court says it will hear arguments over President Donald Trump’s efforts to remove Federal Reserve Governor ...
Can Trump save Argentina’s crisis-stricken economy as he hopes? | Business and Economy News
Following a meeting on Tuesday last week on the sidelines of the United Nations General Assembly (UNGA) in New York, ...
Are weddings a financial nightmare? | Business and Economy
Today on The Stream: Weddings used to be about the couple; now they’re about the content. Social media’s influence and society’s ...
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