Annual interest payments will double to $2.14 trillion by 2036, nearly double the yearly budget for spending on defense.
With the US national debt now exceeding $38 trillion and projected to rise sharply in the coming decades, the nation faces a ...
As credit card debt climbs to $1.23 trillion and auto, retail, and student loan balances continue to rise, American ...
With the enactment of the One Big Beautiful Bill pushing America’s debt-to-GDP ratio further into dangerous territory, a sudden political pivot towards fiscal discipline seems unlikely. Policy-makers ...
America’s national debt will surge over the next decade, but the picture would be worse if it wasn’t for Trump’s tariffs. And ...
Nearly half of Americans carry credit card debt, and a recent survey finds that almost 4 in 10 Americans say their debt is ...
As we mentioned in our recent Midyear 2025 Outlook: Pragmatic Optimism, Measured Expectations, we expect bond market action to continue to swing between concerns over slowing economic data (lower ...
(NewsNation) – Americans looking to chip in to pay off the country’s debt can now do so via Venmo. The U.S. Department of the Treasury is making headlines after a social media post from an NPR ...
Sovereign debt does not behave like household or corporate borrowing. Its risk profile depends on who holds it, the currency in which it is issued, and the institutional systems that support its ...
In their classic book “This Time Is Different: Eight Hundred Years of Financial Folly,” Kenneth Rogoff and Carmen Reinhart found that over the centuries, a high public debt level has been among the ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
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