national debt

The national debt hit a record $39 trillion this week, which comes as spending on defense ramps up after an attack on Iran and heightened tension in the Middle East. Here's a look at when the country could hit the next milestone of $40 trillion. National Debt Climbs to $39 Trillion After hitting...

In The Big Short, the biggest edge wasn't leverage or timing — it was seeing a risk everyone else chose to ignore. Danny Moses thinks investors are making a similar mistake as they head into 2026. The warning comes at a moment when Moses is expanding his public platform, bringing his risk-focused...

President Donald Trump‘s approval rating has hit a new second-term low in a new poll, with the government shutdown weighing heavily on voters’ minds. Trump's Approval Rating With the government shutdown potentially ending soon, perceptions among voters on who was to blame and who was...

American debt hit a record high of $38 trillion earlier this week. Here's a look at how quickly the debt is growing and how much every American would owe today. Record National Debt A government shutdown isn't the only thing that could be putting pressure on the country’s health moving...

Mortgage giants Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) may be on the path out of government conservatorship, as a new report builds on earlier signals from President Donald Trump about plans to return the firms to public ownership. What Happened: Fannie Mae and Freddie Mac have been under...

The U.S. national debt goes up every minute and with the passage of the One Big Beautiful Bill under President Donald Trump could rise even further in the coming years. American residents are not required to help pay down the debt, but the government does allow that option. What Happened: A quick...

Silicon Valley investor and economic commentator Balaji Srinivasan said Tuesday the U.S. is heading towards a national bankruptcy, with no possible solution to its debt crisis. What Happened: In an X post, Srinivasan stated that the U.S. is “broke”, with the real debt exceeding $175...

A friendship between President Donald Trump and billionaire Elon Musk may be coming to an end, with a heated public falling out due to the "big beautiful bill." What Happened: Musk helped the White House administration in the Department of Government Efficiency and was a close ally of Trump during...

With the national debt surging past $36.2 trillion in early June and long-term yields climbing, the U.S. bond market is entering dangerous territory. Leading financial voices are now raising alarms over unsustainable federal deficits, rising interest costs and declining confidence in the national...

President Donald Trump's sweeping legislative package is, as expected, divisive. Republicans are pitching it as “One, Big Beautiful Bill.” Democrats are calling it “one big beautiful betrayal.” Here's a look at some of the bill’s key elements.  The Winners: The...

Economist Craig Shapiro has expressed skepticism regarding President Donald Trump’s trade policies, expressing concerns about tariff revenue not being able to fund the trade deficit, which is likely to widen after his proposed tax cuts. This is particularly following the exemption of...

Risk sentiment deteriorated sharply in the second half of the week after President Donald Trump announced sweeping tariffs on imported automobiles, compounding concerns about rising inflationary pressures. On Wednesday evening, the White House revealed plans to impose a 25% tariff on auto imports,...

Kansas City Fed President Jeffrey Schmid said Tuesday that the future path of interest rates remains unclear, with uncertainty surrounding how much further they could fall or where they might stabilize, particularly given factors like productivity, demographics and the rising national debt....

Rising U.S. Treasury yields and a strengthening in the value of the dollar in the wake of Donald Trump's return to the White House are threatening to counteract the Federal Reserve's efforts to lower interest rates. The Federal Reserve is expected to cut its benchmark interest rate by 25 basis...

Donald Trump has won in the 2024 U.S. presidential election, making him the 47th president and the first to secure a non-consecutive second term since Grover Cleveland in the late 1800s. The Republican Party also regained control of the Senate and holds a lead in the House of Representatives, with...