us debt

For years, warnings about government deficits and borrowing sounded abstract. It was an afterthought – something for TV pundits and bond traders. Now the numbers are big enough, and the interest bills high enough, that the issue is starting to look like a core economic story. Larger Than Medicare...

The U.S. housing market is tightening, but not in the way sellers hoped. With mortgage rates hovering near 6.3%, affordability remains stretched, and the demand is thinning. A growing imbalance between sellers and buyers is pushing the market decisively into buyer-friendly territory, and the cycle...

For years, analysts have warned that rising deficits would eventually provoke a bond-market backlash. Yet the revolt, seen as a feature in the 1980s and 1990s, has failed to materialize in any substantial form. In the U.S. and the UK, long-term yields remain under control despite heavy issuance and...

The U.S. is sitting on an enormous pile of gold,  and pretending it’s worth $11 billion. As America’s debt explodes and credibility cracks, a century-old trick might be back on the table: reprice the gold, fix the balance sheet, and pray the world buys it. Why Would The US Revalue Its...

Billionaire investor Ray Dalio has voiced his apprehension regarding the mounting U.S. debt, comparing it to an imminent “financial heart attack.” What Happened: Dalio, the founder of Bridgewater Associates, cautioned about the unmanageable deficits at a recent New York event. He...

In his upcoming book, billionaire investor Ray Dalio has compared President Donald Trump‘s policies to those of far-right regimes in the 1930s. What Happened: Dalio, the founder of investment firm Bridgewater Associates, has authored a new book titled “How Countries...

The U.S. economy is facing a potential crisis as the national debt continues to rise, sparking concerns among economists and analysts. What Happened: Deutsche Bank’s Jim Reid expressed his concerns about the U.S. fiscal situation. He described it as experiencing a “death by a thousand...

Billionaire and NBA team owner Mark Cuban has a mixed history with meme coins. He’s been a supporter of Dogecoin (CRYPTO: DOGE) over the years but also called meme coins a "hustle" in a recent interview. The entrepreneur recently shared an interesting proposal to launch a meme coin to help...

Editor’s note: This story has been updated to remove draft notes that were erroneously included. The International Monetary Fund (IMF) delivered a mixed message on the U.S. economy in its latest World Economic Outlook report. While the Washington-based institution raised its forecast for U.S...

The U.S. Treasury Department has revised its marketable borrowing expectations upward for the April-June quarter of 2023, increasing the figure to $243 billion from an earlier estimate of $202 billion. This adjustment, driven by lower-than-predicted cash receipts, had sparked some market reactions...

Former Dallas Fed President Robert Kaplan offered a stern critique of current U.S. fiscal policies, suggesting that they are hampering the Federal Reserve’s ability to lower interest rates amidst ongoing economic pressures. In exclusive interview with Market News (MNI), Kaplan highlighted...

The Nasdaq 100’s technology stocks wrapped up their fourth consecutive week in the red, marking their most dismal stretch and sharpest declines since late 2022, as investors opted to pocket profits against a backdrop of mounting concerns over inflation and geopolitical tensions. On Friday,...

International Monetary Fund (IMF) deputy chief Gita Gopinath raised concerns about the United States’ burgeoning public debt, emphasizing the urgency of reducing the federal deficit from its current 7% of GDP. “The U.S. is running [a] very large deficit for a country with a strong...

A leading Wall Street investment strategist highlighted the exponential increase in the U.S. government debt as the primary cause for the continued rise of assets with finite supplies, such as gold and Bitcoin (CRYPTO: BTC), which appear to be on track to reach their all-time highs. This insight...

Billionaire investor and former hedge fund manager Ray Dalio expressed significant enthusiasm about the potential of artificial intelligence Friday while also cautioning about its broader socioeconomic implications. In an interview on CNBC’s “Squawk On The Street,” Dalio...