Browsing: Debt
OPEC+ has agreed to raise oil production by a further 188,000 barrels per day from August, marking the fifth consecutive monthly…
Yen crashes as Japan’s debt crisis hits currency markets, and interventions are ‘doomed to fail’
Japan’s yen is resembling a slow-motion train wreck as it remains stuck near 40-year lows, and there could be even…
US debt was its own revolutionary masterstroke that helped launch a global financial superpower
Believe it or not, U.S. debt was once a source of national strength, before it became a sword of Damocles…
AI could shave $2.2 trillion off the deficit, but 5 downsides could bring debt roaring back
AI could shave $2.2 trillion off the U.S. deficit by 2036. But according to a new working paper from economists…
The Federal Reserve retains a special status in the government that shields it from interference by the White House, the…
S&P Global Ratings affirmed the US’s credit rating at AA+, one level below the top rank, citing a resilient economy…
The bond market knows something about the $39 trillion national debt that Washington doesn’t
The national debt—a barely comprehensible $39 trillion—seems, to hear economists tell it, forever one shock away from bringing the whole…
Trump tariffs are generating only 25% of the revenue needed to pay interest on national debt
When President Trump announced his plans for a new tariff regime, he said the action was “primarily to pay down…
Social Security faces steep cuts. Senators want to bet on stocks and $27 trillion in debt to save it
Lawmakers have long known that Social Security faces a day of reckoning but have dodged any reforms that would cut…
US debt: This may be the maximum that’s sustainable before interest payments trigger a crisis
Soaring U.S. debt and projections that put it at astronomical levels in the coming years have set off increasing panic,…












