Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
U.S. Debt Hits $40 Trillion as America's Borrowing Binge Continues
The milestone comes as annual deficits remain elevated and interest costs on the debt are projected to exceed defense spending by 2028, according to Congressional Budget Office forecasts.
Op-Ed Argues Fedorov's Call for Wartime Elections Represents Shift in Ukraine Leadership Dynamics
The Hill opinion piece frames Mykhailo Fedorov's push for legal wartime elections as a potential fracture between the former defense minister and President Zelensky.
Carney Asks for End to US Alcohol Ban, Province Leader Says, as Trade Deal Nears
The request comes as Washington and Ottawa continue negotiations on a broader bilateral trade agreement that could reshape cross-border commerce.
UAE Cuts Off Trade with Iran After Missiles Detected in Waters
The decision marks a significant escalation as the UAE detected two missiles fired from Iranian territory that landed in regional waters.
US National Debt Surpasses $40 Trillion After Doubling Over Past Decade
The milestone comes as Congress continues to debate spending levels and fiscal sustainability, with the debt now exceeding annual GDP.
Treasury Department to Double Debt Buybacks After Bond Yield Spike
The move allows Treasury to repurchase more long-term securities in the 10-to-20-year and 20-to-30-year sectors as yields have risen this year.
Ted Cruz Criticizes Nike Stock as It Hits 12-Year Low
The Texas senator pointed to a 2019 decision to cancel a Betsy Ross-themed shoe, saying it showed the company's marketing was rooted in "America-hate."
Sanders to Introduce Bill to End Social Security Garnishment for Student Loan Debt
The Stop Social Security Garnishment Act of 2026 would bar the Education Department from reducing retirement or disability benefits to collect unpaid student loans.
U.S. and Canada Hold Last-Minute Negotiations to Prevent Trump's 50% Tariffs
Prime Minister Carney confirmed active negotiations Monday as both sides race against a midnight Wednesday deadline affecting $20 billion in Canadian exports.
Republican Challenger John Nagel Takes Aim at Rep. Ilhan Omar in Minnesota's Deep Blue 5th District, Citing Fraud Concerns
Nagel, a 30-year state trooper, won the GOP primary and argues voters are ready for change after fraud scandals rocked the district.