You Searched For "federal 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
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
2 mins read
Rupee opens on flat note against US dollar in early trade
Market participants will keenly watch India's trade balance data due later in the day as any de…
PTI
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…
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
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
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
6 mins read
America's big cities are about to run out of money
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues …
Emily Stewart
4 mins read
The Adderall shortage highlights a key issue for voters in 2024. Here's what the Biden Administration is doing about it.
The shortage and increased costs could impact who many Americans vote for in the upcoming president…
Allie Kelly
2 mins read
Fitch's negative outlook for China is more bad news for its stalling economy
Beijing is battling deflation and an ongoing property-market crisis that the ratings agency says is…
George Glover
6 mins read
The one big shift that turned America's retirement fairytale into a nightmare
Will I have enough to retire? It's an impossible question to answer, which makes retirement really …
Emily Stewart
2 mins read
The US needs to hike taxes or slash social programs to rein in the soaring deficit, but probably won't do either, Paul Krugman says
The US can either hike taxes or slash social programs to rein in its budget deficit. It's unlikely …
Jennifer Sor
2 mins read
Runaway government debt could sink markets and slam the economy, 2 watchdogs warn
Ballooning government debt and soaring interest payments could trigger a UK-style market meltdown a…
Theron Mohamed
3 mins read
3 ways Russia's war-time economy is set to weaken after a surprisingly strong 2023
Russia's economic growth spurt in 2023 isn't sustainable, a think tank at the Bank of Finland said …
Jennifer Sor
1 min read
The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says
"My sense is still that the Fed has itchy fingers to start cutting rates and I don't fully get it,"…
Yuheng Zhan
2 mins read
Treasury bond auctions may eventually fail because investors will see federal deficits as too unsustainable, Columbia finance professor warns
Concern about the deficit could reach a point where investors won't buy US debt. "At that point you…
Aruni Soni
3 mins read
Biden highlighted Medicare and Medicaid expansion, lower drug prices, and abortion access in his State of the Union. Here's a look at his healthcare record.
In his State of the Union address, Biden touted his accomplishments for Medicare and Medicaid expan…
Allie Kelly
3 mins read
Wall Street titans like Jamie Dimon, David Solomon, and Jeffrey Gundlach are still worried about a recession and warn investors are too complacent
Several experts haven't ruled out a recession given immense pressure on consumers, a softening job …
Theron Mohamed
2 mins read
Bond vigilantes are 'saddling up.' Here's how concerned investors might take action over the ballooning federal deficit.
"We've got the federal deficit widening when the economy is doing well. And I think the bond vigila…
Jason Ma
2 mins read
Jerome Powell rang the alarm on debt, saying it shouldn't be dumped on future generations
The US government is spending at an unsustainable rate and sticking future generations with the bil…