You Searched For "national debt" and got 20 results
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2 mins read
Australia announced a sweeping plan to forgive 20% of student debt
The move, which could take effect in June if the current Labor government stays in power, would era…
Hannah Abraham
1 min read
China could raise nearly $1 trillion of fresh debt in the next 3 years to revive its economy
Beijing could raise 6 trillion yuan, or $850 billion, by selling treasury bonds over the next three…
Jennifer Sor
2 mins read
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
3 mins read
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
3 mins read
The national debt crisis is set to worsen no matter who wins the election — here's what you can do to protect your portfolio
Don't expect politicians to address the issue of soaring national debt anytime soon. For investors,…
Christine Ji
3 mins read
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary …
Filip De Mott
2 mins read
Why China's new stimulus bazooka isn't enough to fix the nation's housing crisis
China's latest attempt to prop up the economy includes mortgage rate and down payment reductions. B…
Filip De Mott
2 mins read
China is boosting market sentiment by playing up hopes for stimulus
Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space f…
Huileng Tan
2 mins read
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
3 mins read
Russia's defense sector is running on overdrive — but firms are warning of bankruptcy
Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…
Thibault Spirlet
6 mins read
We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.
From recent high school graduates to retirees in their 70s, readers shared with BI their frustratio…
Noah Sheidlower,Jacob Zinkula…
3 mins read
How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO
Declining US fertility rates and an aging workforce make immigration reform an "economic necessity,…
Christine Ji
2 mins read
China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
China is weighing additional stimulus that would increase if Trump wins the US election. The candid…
Kelly Cloonan
4 mins read
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
2 mins read
Student-loan borrowers on Biden's new repayment plan are now waiting for the Supreme Court to decide whether cheaper payments and debt cancellation can resume
After the 8th Circuit officially blocked Biden's SAVE student-loan repayment plan, the Justice Depa…
Ayelet Sheffey
2 mins read
Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport
Mastercard and Visa halted operations in Russia. Most Russian banks only take US dollars or euros t…
Huileng Tan
5 mins read
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
8 mins read
America is entering a new 'economic supercycle'
The US economy is entering a bold new era that economists say will feature more inflation, more gro…
Linette Lopez
2 mins read
Global government borrowing is set to top $100 trillion — and shows no signs of slowing down
Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…
Theron Mohamed
3 mins read
Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas
Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…