On Sunday, November 2, tech billionaire Elon Musk renewed his warning about America’s fiscal outlook. He said the federal debt has grown so large that it can’t be fixed without a major jump in ...

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US debt crisis is spiraling. For the first time in 100 years, America’s debt burden is projected to exceed Italy and Greece, ...

The United States is grappling with a staggering national debt that has surged to $38 trillion by late 2024. This alarming ...

Sri Lanka’s foreign loan disbursements during the first half of 2025 amounted to $ 547.5 million, according to the latest Mid ...

Government borrowing is heading towards 100% of global GDP and is unsustainable in the US and much of Europe. There is also huge pressure to increase spending on climate, defence and ageing ...

Gold has outperformed the S&P 500 since 2022. Click here to find out if economic trends signal a new gold supercycle and if ...

IMF staff held discussions under the 2025 Article IV Consultation and reached a staff-level agreement with the Cabo Verdean authorities on the seventh ...

The Republicans want to continue spending at currently ridiculous levels. The Democrats want to spend even more than that.

The 2025 budget deficit came in at $1.8 trn vs. a CBO estimate of $1.9 trn. The lower-than-expected deficit was primarily driven by higher-than-forecast tariffs, which came in at $195 bln.

At the International Monetary Fund’s annual meeting last week, the chief economist warned that the AI investment boom has ...

The new milestone comes amid a government shutdown and was reflected in the Treasury Department’s daily updates to the national debt.