Shares inched higher in London on Thursday, and the pound made gains against the dollar, after US lawmakers in the House of representatives passed a new bill on the country’s debt ceiling.
The U.S. averted disaster by raising the debt ceiling, but a mild recession is still possible even as job numbers remain hot, according to the head of Bank of America. Mark Strassmann breaks down ...
U.S. Treasuries just don't look the same as they used to, according to Otavio Costa, portfolio manager at hedge fund Crescat Capital. Investors are rejoicing as U.S. officials have a tentative ...
A Nov. 7 Facebook post (direct link, archive link) includes a TikTok video that shows a woman reviewing paperwork that purportedly proves the U.S. no longer owes any money to its creditors.
State and local health departments across the U.S found out in June they’d be losing the final two years of a $1 billion investment to strengthen the ranks of people who track and try to prevent ...
House Minority Leader Hakeem Jeffries (D-N.Y.) is calling for an immediate launch to bipartisan talks on 2024 spending, but ...
With its $33.7 trillion of debt and trillion-dollar budget deficit, the U.S.’s deteriorating fiscal situation is impossible ...
Another round of temporary individual tax cuts, passed in 2017 as part of a GOP bill to overhaul the corporate tax system, ...
The estimated yearly amount the U.S. is paying on its debt crossed $1 trillion at the end of October, a recent analysis by Bloomberg found. These annualized interest costs — which were ...
An agreement has been reached that will see the vote on a motion of no confidence in Bulgaria’s Nikolai Denkov government, ...
Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. These charts show why Wall Street is worried. The US debt mountain is growing so fast the government ...
With its $33.7 trillion of debt and trillion-dollar budget deficit, the U.S.’s deteriorating fiscal situation is impossible ...