Director of the CBO—known for gloomy national debt data—is optimistic that a crisis will be avoided
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy.This fact is perhaps ...
Tag: Debt
The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, IMF warns
Soaring U.S. debt is causing Treasury bonds to lose their risk advantage over other securities, making it more expensive to ...
US debt competes with record corporate bond supply, pushing up the cost of federal borrowing
The AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds ...
U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped, budget watchdog warns
This rom-com formula is now a staple of holiday TV programming: a busy professional from the big city goes back ...
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 ...
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. ...
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 ...
Trump threatens to fire US Fed Governor Lisa Cook | Politics News
Cook, who has been accused of mortgage fraud, says she will not be ‘bullied’ into resigning by the president.United States ...
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