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US federal budget crosses grim milestone as interest payments overtake defense spending
Yahoo Finance· 16 hours agoWhen the time does arrive to fix the debt, the inevitable solution will be a mix of spending cuts...
I Have $35K in Student Loan Debt: Here’s My Monthly Budget
GOBankingRates via Yahoo Finance· 13 hours agoThe student loan crisis is real. According to the Education Data Initiative, 43.2 million Americans...
Billionaires Jamie Dimon and Ray Dalio sound the alarm on soaring US government debt
CNN Business via Yahoo Finance· 6 days agoDimon acknowledged that debt-fueled government spending, including pandemic stimulus, had been one...
What Happened to "Paying off the National Debt"?
Calculated Risk· 19 hours agoWhile the magnitudes of future federal unified budget surpluses are uncertain, they are highly likely to remain sizable for some time. [C]urrent forecasts suggest that under a reasonably wide ...
Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion...
Fortune via Yahoo Finance· 4 days agoNew interest in European debt has been fuelled by a divergence in monetary policy between the...
Interest costs on the national debt just surpassed spending on defense, Medicare
FOX Business· 5 days agoInterest payments on the nation’s ballooning debt just eclipsed spending on defense and Medicare,...
Jamie Dimon is worried about how much the US is borrowing. Here’s why
CNN Business via Yahoo Finance· 20 hours agoSo why the sudden confluence of concern? The big picture: Between the Trump-era tax cuts and...
What a world growing older fast means for investing
New Hampshire Union Leader· 13 hours agoIdanna Appio spent 15 years at the Federal Reserve Bank of New York analyzing the history of sovereign debt crises. Now, as a fund manager at the $138...
4 Your Money: Best ways to get out of credit card debt
WTAE Pittsburgh· 8 hours agoNew data released this month by the Federal Reserve Bank of New York shows household debt balances...
Watch: Mike Johnson Fumbles When Asked Why GOP Is Defunding the Police
The New Republic via Yahoo News· 7 days agoThe Republican Study Committee’s proposed budget does cut the Community Oriented Policing Services...