Key Takeaways The average U.S. credit card balance was $6,519 in Q1 2026, up 2.3% from a year earlier.A balance near the ...
Jean-Luc Mélenchon—the leader of the French far-left party “La France Insoumise”—says it's no problem that the French ...
U.S. debt nears $40T as borrowing and $1.2T interest costs surge—GAO and Ray Dalio warn of fiscal risks. Click here to read in detail.
Kosmos Energy is in focus after moving above a major technical level while debt pressure, weak earnings, and cautious ...
Kevin Warsh, who became chairman of the Fed in May, considers this an unhealthy aberration. He argues that the expansion of the Fed’s balance-sheet has mostly enriched people who were already wealthy ...
From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often ​overshadowed by the U.S., can punch above their weight in the $40 trillion world ...
America's national debt has surpassed the country's gross domestic product for the first time since World War II, marking a stark increase in the government's fiscal burden. Debt held by the public ...
I recently went to the doctor about a minor health issue. “Is what I’m experiencing normal?” I asked her. “No, it’s never normal,” she said, “but it happens to almost everybody.” I thought: That ...
The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June. The blended interest rate has stabilized around 3.1%. More concerning is the ...
In his Jan. 30 op-ed “The World’s Worst Budget Process,” former Rep. Van Taylor correctly identifies the Congressional Budget and Impoundment Control Act of 1974 as a problem in the federal budget ...
Debt ceiling uncertainty may affect crude oil market price through multiple channels simultaneously, e.g. enterprise production, investor sentiment (SENT), and government shutdown. More specifically, ...
We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...