In past shutdowns, estimates of lost economic activity have reached into the billions of dollars. In the context of a $30 trillion economy, that’s not a lot. But on the margins, economists say it can ...
Prime Minister Mark Carney's government is getting ready to table its first budget this week — one that will be markedly ...
Tuesday's budget is the Liberals' first fiscal update in almost a year and will inaugurate a new practice of dividing the budget into capital and operating streams — a practice followed in the UK.
Despite the Trump administration’s focus on cost cutting and the additional revenue coming from tariffs, the deficit is as ...
Rising debt is a genuine worry, as it erodes repayment capacity and limits access to global credit markets. Among smaller economies, conflict-ridden Sudan tops the global list with a staggering 251% d ...
US Federal Reserve Chairman Jerome Powell and rate cuts dominated Web3 thoughts this week, but some still had time to weigh ...
The US national debt is now as large as the combined gross domestic product (GDP) of the second to the sixth-largest economies in the world, according to the nonpartisan watchdog Peter G. Peterson ...
Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax ...
In 1980, America’s publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25% of ...
The national debt jumped $1 trillion in 82 days and is expected to keep climbing. How that could affect you and your financial health.
Promising tax cuts without offsetting spending cuts is politically painless so long as constituents believe they “pay for ...
It wasn’t that long ago that Moody’s knocked America’s sovereign credit rating down a peg — and now, the U.S. is taking another hit to its credit score. This time, it’s Scope Ratings sounding the ...
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