In any given year, the government's budget and spending can result in a deficit or surplus. Debt is the running total of what the government owes to its creditors. The president and government's ...
House Republicans have missed another deadline to produce a massive budget package of tax cuts and slashed spending.
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
DPSCD failed to convince a state judge to issue a preliminary injunction against the Michigan Department of Treasury. Now it ...
At a time when Americans have amassed over $1 trillion in credit-card debt and delinquency rates are high, a new bill from Sen. Bernie Sanders of Vermont and Sen. Josh Hawley of Missouri would curb ...
Ray Dalio, the founder of the world's largest hedge fund, recently warned of serious economic consequences for the U.S. if ...
Opinion: We cannot wait much longer to address our fiscal hole. This problem will not resolve itself. It will only get worse, ...
The private HBCU has $32 million in debt, an ongoing battle with the IRS, and an upcoming appeal hearing to maintain its ...
Sovereigns who borrow private capital are making a bet that the economic returns to scale will be sufficient to raise living ...
The United States cannot continue its current economic trajectory; it’s as simple as that. We are more than $36 trillion in debt and on track to hit $55 trillion by 2034.
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