There is the real possibility of a quasi-default by the Treasury and few are likely to be spared from the resulting upheaval.

The situation is becoming more dire, with the US debt now standing at 125% of the country’s GDP. Experts predict that this ...

Thanks in part to robust economic momentum in 2024, a solid growth rate looks set to spill over into 2025. The main ...

President Donald Trump has called on Congress to abolish the U.S. debt ceiling entirely, describing it as a meaningless ...

The federal government broke its key fiscal guardrail and posted a deficit of $61.9 billion for the 2023-2024 fiscal year, ...

We're at a key juncture when it comes to US debt dynamics. Government debt is approximately equal to the value of GDP. In other words, there's a c.100% debt/GDP ratio. This makes the mathematics ...

With a debt-to-GDP ratio of 122.84% and a recent hike in its interest expenses— now costing $1.133 trillion due to inflation ...

Mounting US debt threatens to plague Donald Trump’s second term in the White House and could have serious knock-on effects ...

As President-elect Trump begins his second term, UBS highlights growing concerns over America’s fiscal health. With ...

Investing.com -- In a Thursday note to clients, Bank of America strategists tackled pressing questions on U.S. debt, ...

Chinese leaders agreed last week to raise the budget deficit to its highest on record, while maintaining an economic growth ...