we wouldn’t pay for potato chips like this
Mark Cuban has an idea for how to stop the runaway train that is the $38 trillion national…
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…
Tariffs and $38 trillion national debt: Hassett sees deficit cuts, Bessent sees ‘shrinking ice cube’
Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve…
Elon Musk says AI will help solve America’s national debt
Tesla CEO Elon Musk believes there’s an answer to bringing down the U.S.’s $38 trillion national debt: artificial…
Japan OKs $135 billion stimulus package to help revive its sluggish economy
TOKYO — Japan’s Cabinet approved a 21.3 trillion yen ($135.4 billion) stimulus package Friday to help spur the…
US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed…
Ecuador’s Declining Oil Output Threatens to Spark an Economic Crisis
The last decade has been especially grueling for Ecuador’s economically vital oil industry. Plummeting investment, heavily corroded infrastructure,…
Social Security chief says he won’t hike retirement age amid benefit cut fears
Social Security’s leadership says raising the retirement age is not under consideration after Commissioner Frank Bisignano walked back…
Ray Dalio says the world is running out of interest in buying U.S. debt—but America is unable to cut back its spending
Ray Dalio warned at the Future China Global Forum that America’s $37.5 trillion debt poses a crisis risk,…