News

Bessent Sees Deficit Falling Over 10 Years After Tax-Cut Bill
Treasury Secretary Scott Bessent said that there are a number of different assessments of the deficit impact of Republicans’ ...
Watch out for dollar FX fall more than 'de-dollarization'
Evidence of "de-dollarization" around the world remains scant, but many major investors fear a gradual drawback from U.S.
The U.S. spends $1 trillion a year to service its debt. Here's why experts say that's a concern.
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...
Spending review winners and losers: How each department fares
The spending review sets out how government budgets will grow by an overall average of 2.3% per year across the period ...
A trillion dollars annually for the Pentagon: Military spending is out of control
The national security establishment has seriously lost its way. It continues to spend more and more while delivering a lot of ...
How the U.S. Government Borrows to Fund Its Massive Budget Shortfall
The growing federal debt is threatening to drive up borrowing costs for Americans.
See how the national debt grew to more than $36 trillion
The United States owes more than $36 trillion. Washington now spends close to $2 trillion more each year than it collects in ...
Central banks can brush aside rising long bond yields
As it cut rates to 2 per cent last Thursday, the European Central Bank said it was in a “good position” to navigate the uncertain conditions facing it in the months ahead. Donald Trump later ...
US job growth slows as tariff uncertainty leaves businesses in limbo
Economists say President Donald Trump's flip-flopping on import tariffs has hampered businesses' ability to plan ahead and ...