national debt
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Business
Griffin Warns Bond Markets May Punish U.S. as Interest Costs Top $1 Trillion
Annual net interest payments on the national debt hit $1.05 trillion in fiscal 2026, an 8% jump from the prior…
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Business
U.S. Budget Deficit Reaches $2 Trillion in Fiscal 2026
A relentless rise in borrowing costs and expanding entitlement obligations pushed the U.S. budget deficit to $1.993 trillion for fiscal…
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Business
U.S. Trade Deficit Hits 17-Month High as AI Imports Overwhelm Trump Tariffs
The U.S. trade deficit surged to $105.6 billion in August, the widest gap since March and a 13.7% jump from…
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Business
Trump Signals Inflation Strategy to Reduce $40T National Debt
President Donald Trump has explicitly identified sustained inflation as a viable mechanism for reducing the United States’ $40 trillion national…
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Business
Iran Conflict Costs $38 Billion as White House Calls It “Small Potatoes”
WASHINGTON — The White House has resisted calling the military operation in Iran a war, even as direct Pentagon spending…
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Business
Trump’s $5,000 Dividend Runs Into a $1.2 Trillion Wall
The proposal was first unveiled on Wednesday during the Republican Party’s midterm convention in Dallas, Texas. During his address to…
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Business
Trump’s $5,000 Dividend Collides With a $40 Trillion Debt Debate
Direct cash transfers to U.S. households have previously been enacted during national economic emergencies. In response to the 2008 financial…
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Business
Treasury Yields Surge Toward 5% as Bessent’s Bond Market Bravado Faces Reckoning
The benchmark 10-year U.S. Treasury yield climbed to 4.93% on Thursday, its highest level since late 2023, as the federal…
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Business
Treasury Yields Surge Past 4.85% as $6 Billion Buyback Fails to Calm Debt-Strained Markets
During Wednesday trading, the yield on the benchmark 10-year U.S. Treasury note surged past 4.85%, marking its highest level since…
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