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Interest payments are among the fastest-growing portions of the deficit and are at a record level, exceeding spending on both ...
On February 4, Mr Trump made one of the most extraordinary statements of his political career, saying the US would take an “ownership position” of the Gaza Strip and force its 2 million residents to ...
The national debt currently stands at $36 trillion, and it’s growing. The Trump administration has made sweeping cuts to ...
Congress and the president should keep in mind that ultralow interest rates almost certainly aren’t coming back.
Foreign countries hold trillions in U.S. government debt through Treasuries. But recent market volatility and tariffs have ...
Donald Trump has reignited his trade war against China. But Beijing has several tools at its disposal to defend itself, ...
E urope’s first reserve currency was the tetradrachm, upon which was inscribed an owl. The symbol of wisdom was intended to ...
That could be bad news for taxpayers paying interest on the ballooning US debt, consumers taking out mortgages or car loans – and for President Donald Trump, who had hoped his tariff pause ...
“And then everybody sees that and they don't want to hold the debt.” Highlighting the dire situation, he notes that the U.S. federal government now spends almost $1 trillion a year in interest ...
This National Library Week, libraries need your support more than ever. Book challenges and censorship efforts are still on the rise, and federal funding is under threat. These challenges don’t just ...
America's national parks are warming much faster than the rest of the nation is, and that could mean increasingly dangerous heat for tourists in the future, particularly during the peak of summer ...
NEW YORK – US leveraged loan funds had their biggest-ever weekly outflow as investors dumped corporate debt across the board on concern that the tariff-spurred market turmoil will hit the US ...