You Searched For "national debt" and got 19 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
2 mins read
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
Trump's plans would likely add large amounts to the US debt pile, economists have predicted. The na…
Jennifer Sor
2 mins read
Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says
Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…
Kelly Cloonan
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
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
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
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
1 min read
Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips
The President-elect said in September that ditching taxes on overtime pay would give "people more o…
Huileng Tan
3 mins read
3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say
Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…
Filip De Mott
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
3 mins read
Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…
Jennifer Sor
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
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
The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …
Filip De Mott
2 mins read
China just announced an $1.4 trillion plan to rescue its local governments
Friday's announcement is the latest in a string of stimulus measures China has taken to turn around…
Huileng Tan
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…