debt burden

The US debt mountain is growing so fast the government could soon be spending more on interest payments than on defense

Barbara Terrio

US President Joe Biden met with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv this week.Miriam Alster/Pool Photo via AP ...

Stocks Mixed on China Concern, Dovish ECB Comments: Markets Wrap

Barbara Terrio

(Bloomberg) — European stocks were mixed as traders weighed concerns over China’s debt burden against dovish comments by a European ...

The US’s massive debt pile is fueling the bond-market crash. These 4 charts tell the story.

Barbara Terrio

US President Joe Biden discussing student debt relief at the White House in August 2023.Alex Wong/Getty Images The US’s ballooning ...