Business & Economy
US National Debt Surpasses Record $40 Trillion
The U.S. national debt has surpassed $40 trillion, highlighting growing fiscal challenges amid debates over spending and the debt ceiling.
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The U.S. national debt has surpassed $40 trillion, highlighting growing fiscal challenges amid debates over spending and the debt ceiling.
Treasury doubles long-dated bond buybacks to at least $4 billion per operation, an interventionist shift to lower rates amid a bond market selloff.
US federal debt approaches $40 trillion amid a self-reinforcing fiscal spiral, with trillion-dollar interest costs and foreign investors retreating.
Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump administration fraud prevention order.
The new Trump-branded $1 coin is facing legal scrutiny as experts argue it violates federal laws governing currency and political memorabilia.