News

Trump's Big Beautiful Bill will increase the national debt by trillions. But that doesn't bother Arizona's self-professed fiscal hawk Republicans.
On July 1, Balaji posted on X, stating, "The US is broke," and claimed there is "real debt" in excess of $175 trillion, adding that America is in such dire straits that it must deal with “national ...
If the U.S. government were a private-sector company, it would have filed for bankruptcy long ago to wash away its debt. But ...
Thanks to the policy decision to reply on "the wealth effect" for consumption, wealth inequality has soared: the net worth of the top 10% (34 million Americans) is 2X the net worth of the bottom 90% ...
The administration is exacerbating the problems left over from the pandemic, risking inflation and recession. There is an ...
Economic news is increasingly hard to follow these days, mainly because it changes so fast and it gives so many mixed signals ...
The idea that the US economy is heading for a soft landing is a ‘big, beautiful fantasy’, says head of research at Shard ...
In their rush to retain Donald Trump's support for NATO, the alliance's European members have promised to more than double ...
The highly public spat between Tesla CEO Elon Musk and President Donald Trump over the One, Big, Beautiful Bill highlights an ...
The United States holds the largest external debt among wealthy nations at $25.8 trillion, according to a new study by Falcon ...
Elevated interest rates relative to the post-GFC years add to the challenge of servicing high debt levels. Read more here.
Romania’s public debt under ESA methodology (chart) advanced by only RON9bn (€1.8bn) during March, reaching 56.1% of GDP at ...