Publicly held debt is already at 99% of GDP and is on track to hit 107% by 2029, breaking the record set after the end of ...
A top Chinese economist has issued a warning over the risks of overreliance on stimulus for short-term growth, including ...
Elon Musk says AI and robotics will solve the US debt crisis within three years by driving productivity beyond inflation.
Elon Musk claims AI and robotics are the only solution to America's $38 trillion debt crisis, predicting dramatic economic ...
President Anura Kumara Dissanayake told Newsweek Cyclone Ditwah had been devastating as it overlapped with debt restructuring ...
After clashing with Trump on spending, Musk argues AI and robotics are the only path to easing record U.S. debt costs—and may ...
LAKE FOREST, Calif., Feb. 4, 2025 /PRNewswire/ — “Credit card balances have soared past $1 trillion for the first time,” according to a recent report from the Federal Reserve. As the burden of credit ...
Haass argues that the debt has become a national security threat, saying the $1 trillion spent on interest last year outpaced ...
The soaring cost of living and financial pressures on families have forced six in 10 parents into debt to provide for their children. That’s according to a survey of 2,000 parents of children aged ...
Britain and other major developed economies are heading towards a sovereign debt crisis as they struggle to get a grip on ...
The U.S. now owes over $38 trillion, about $114,000 per citizen. Debt jumped $1 trillion in two months. Rising deficits and soaring interest costs are fueling concerns. The dollars reserve status may ...
Caritas Africa joined faith leaders to demand debt relief for African countries during the G20 summit in South Africa.