debt burden

5 common misconceptions about the US’s $33 trillion debt mountain

Business
Jessica Roberts

The national debt balance blew past $33 trillion for the first time this year.AP The US’s $33 trillion debt mountain may not ...

Stocks Mixed on China Concern, Dovish ECB Comments: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — European stocks were mixed as traders weighed concerns over China’s debt burden against dovish comments by a European central banker. ...

The US’s massive debt pile is fueling the bond-market crash. These 4 charts tell the story.

Business
Jessica Roberts

US President Joe Biden discussing student debt relief at the White House in August 2023.Alex Wong/Getty Images The US’s ballooning debt burden ...

The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense

Business
Jessica Roberts

US President Joe Biden met with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv this week.Miriam Alster/Pool Photo via AP The US’s ...