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…
Chinese Fiscal Spending Slowdown Persists in Risk for Growth
China’s government spending increased at a slower rate for the second straight month, underscoring how weaker fiscal support…
Social Security and Medicare cuts are coming because the bond market will force Congress: economist
Lawmakers have known for decades that U.S. entitlement programs are on unsustainable paths as demographics inevitably skew the…
China Social Spending Hits Highest Level in Nearly 2 Decades
(Bloomberg) — China’s government spending has pivoted toward social welfare to a degree unseen for at least a…