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Most countries, experts say, can’t take on the level of debt the U.S. holds. Because most of the global economy runs on dollars, the U.S. has more leeway to borrow.
The Democratic National Committee (DNC) drew widespread mockery Thursday over a since-deleted social media post that showed ...
People have been worrying about U.S. debt basically ever since there even was a U.S. “The accumulation of debts is a most fearful evil,” Thomas Jefferson wrote in 1787. At the time, U.S. debt ...
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.
The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department said.
Deep inside U.S. economy, more sticker prices start going up due to tariffs, and inventory is headed down By Lori Ann LaRocco, CNBC • Published June 27, 2025 • Updated on June 27, 2025 at 9:55 am ...
It means that already elevated prices are now even higher in the U.S. than elsewhere — and analysts warned of a hit to businesses and the wider U.S. economy as a result.
U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, crucial data points that help the Fed assess the economy’s health and guide interest rate decisions.
U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...
How the national debt affects the U.S. — and you — in 10 charts The national debt already exceeds $36 trillion and is growing at historic rates.
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