The gap between federal revenue and government spending widened to more than $1.3 trillion in the first half of the fiscal ...

Confidence in the US economy is plummeting as investors dumped government debt amid escalating concerns over the impact of ...

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...

Chinese property developer Country Garden said on Friday it had reached an agreement with creditors holding nearly 30% of its ...

“The US’s fiscal strength is on course for a continued multiyear decline, driven by widening federal budget deficits, a ...

The US has relied on its 'golden credit card' to run fiscal deficits for decades, the Oaktree cofounder wrote.

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...

The rude health of U.S. household and corporate balance sheets is partially responsible for the exceptional resilience of the ...

Shame on us for being duped into voting for someone who promised to reduce the price of eggs. Inflation is not a priority for ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

Dalio said he had a "frank apolitical discussion" about the national debt with House Budget Chair Jodey Arrington and other ...

Many economic commentators are of the view that the high level of debt poses a threat to the US economy. The debt-to-GDP ratio stood at 345.7 in Q3 2024 against 130.4 in Q1 1952 (see chart). This way ...