Browsing: Budget Deficit
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets,…
Democrats in California have agreed to delay a minimum wage increase for about 426,000 health care workers to help balance the state’s…
Ballooning U.S. debt has stirred growing alarm on Wall Street, but economist Paul Krugman isn’t worried and said you shouldn’t…
Treasury Secretary Janet Yellen said the outlook for higher interest rates over the long haul makes it tougher to contain…
JPMorgan Chase CEO Jamie Dimon urged the U.S. once again to reduce its national deficit, warning it will become “far…
Officials from several institutions warn a tipping point is near and it will only get worse if it snowballs into…
The U.S. economy may seem like it’s firing on all cylinders, but underneath the surface, a “debt bomb” could be…