US debt spiral could start soon as 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…
America’s Fiscal Outlook Has ‘Deteriorated Modestly’
The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely…
Colombia’s Fiscal Crisis Is Deepening Under President Petro
The finances of Latin America’s fourth-largest economy, Colombia, are in total disarray. Nearly four years of fiscal mismanagement…
Harney Street bridge to reopen, Trump endorses Gov. Pillen, power outages in metro
OMAHA, Neb. (WOWT) – First Alert 6 has the headlines you need to know to get your Wednesday…
California faces $18B budget shortfall next year, LAO says
California lawmakers and the governor will need to prepare for an $18 billion budget deficit next year, state…
China Deploys ‘Big Data’ in Crackdown on Overseas Trading Income
Chinese authorities stepped up efforts to collect taxes from citizens with overseas investment income as part of a…
The U.S. debt is at a record $38 trillion. How will you be affected?
The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial…
Moore blames DC for rising health costs as critics point to Maryland’s tax burden
Governor Wes Moore says he’s fighting to keep health care affordable. But as a federal shutdown drags on…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…
Saudi Arabia Government Seeks $10 Billion in Rare Loan Deal
Saudi Arabia is in talks to raise as much as $10 billion in a rare loan deal, marking…
French Wealth Tax? Voodoo Economics Is Sticking Pins in the Rich
France is having an on-brand month as President Emmanuel Macron and his new prime minister begin the slog…
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…