On Sunday, November 2, tech billionaire Elon Musk renewed his warning about America’s fiscal outlook. He said the federal debt has grown so large that it can’t be fixed without a major jump in ...
Sri Lanka’s foreign loan disbursements during the first half of 2025 amounted to $ 547.5 million, according to the latest Mid ...
US debt crisis is spiraling. For the first time in 100 years, America’s debt burden is projected to exceed Italy and Greece, ...
Government borrowing is heading towards 100% of global GDP and is unsustainable in the US and much of Europe. There is also huge pressure to increase spending on climate, defence and ageing ...
13hon MSN
Goldman Sachs CEO says AI-induced growth offers a ‘path out’ of America’s $38 trillion debt crisis
"The path out is a growth path," Solomon said. "The difference between compounding growth of 3% and 2% is monstrous in terms ...
The Republicans want to continue spending at currently ridiculous levels. The Democrats want to spend even more than that.
The 2025 budget deficit came in at $1.8 trn vs. a CBO estimate of $1.9 trn. The lower-than-expected deficit was primarily driven by higher-than-forecast tariffs, which came in at $195 bln.
10don MSNOpinion
The AI bubble could pop the US and global economies
At the International Monetary Fund’s annual meeting last week, the chief economist warned that the AI investment boom has ...
The new milestone comes amid a government shutdown and was reflected in the Treasury Department’s daily updates to the national debt.
The Blue Tower Global Value strategy composite slightly underperformed the ACWI this quarter, ending a sequential 4-quarter ...
YIELDS on government securities (GS) were mixed last week amid broad market volatility due to developments at home and overseas, with the peso hitting a new record low and the US Federal Reserve ...
Brian Easton says our current fiscal settings promise that we will eventually face a public debt explosion. A major cause would arise from the ageing population. Is there anything we can do?
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