You Searched For "US deficit" and got 20 results
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1 min read
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …
Jennifer Sor
7 mins read
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
3 mins read
A Nobel Prize-winning economist breaks down exactly how Trump's proposed policies could make inflation worse
Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…
Madison Hoff
1 min read
US inflation will soar if America doesn't undergo reindustrialization, investment manager says
The US has a "massive" trade deficit at a time when world trade is becoming fragmented, Richard Ber…
Jennifer Sor
2 mins read
An escalating cold war between US and China would be a blow to global growth, IMF official says
The IMF predicts that the global economy could incur costs equivalent to as much as 7% of the world…
Yuheng Zhan
3 mins read
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
2 mins read
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallet…
Filip De Mott
2 mins read
More rich countries worried about the dollar want to buy gold
A World Gold Council survey found a record share of central banks from advanced economies planned t…
Huileng Tan
5 mins read
A couple who achieved financial independence and retired in their 30s shares their $280,000 a year budget raising 2 kids in San Francisco
Sam Dogen and his wife, both of whom retired in their mid-30s, share how they budget their money to…
Noah Sheidlower
1 min read
The US's blowout debt burden is one piece of a global problem, IMF warns
"Loose fiscal policy in the United States exerts upward pressure on global interest rates and the d…
Filip De Mott
1 min read
The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says
"Deficits matter, and I think we're headed into a financial crisis in this country," Cooperman told…
Yuheng Zhan
2 mins read
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…
Filip De Mott
3 mins read
China is worried about overcapacity, too but it sees the problem differently than the US
China is worried about disorderly competition and low capacity utilization. But its trading partner…
Huileng Tan
1 min read
Jamie Dimon says the US has less than 50% odds of nailing a soft landing: 'Don't get lulled into a false sense of security'
"It looks a little bit more like the '70s to me, and I point out to a lot of people, things looked …
Filip De Mott
2 mins read
Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar
The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.
Huileng Tan
3 mins read
The thousands of Chinese migrants headed to the US-Mexico border just lost their key entry point to America
Thousands of Chinese migrants trekked last year to the US border after arriving in Ecuador, which i…
Matthew Loh
2 mins read
Some central banks have sold gold at record prices, cashing in on the global boom
Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.
Huileng Tan
2 mins read
'The economy and stock market have never seen anything like this': There's an unprecedented number of recession signs flashing, veteran strategist says
The next recession has likely been postponed by the trillions of dollars of stimulus spent during t…
Jennifer Sor
1 min read
Market value of BSE listed companies surges Rs 8.55L crore for the week
The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, w…
3 mins read
Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal
Stating that the country's external balances are stronger than expected on the back of strong inflo…