Collections on millions of student loans risk slowing the economy, experts say

In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers currently in late-stage delinquency were to default on their own loans, it would ... Read More

China approves $840B plan to refinance local government debt, boost slowing economy

Finance minister Lan Fo'an estimated that the hidden debt of local governments was 14.3 trillion yuan ($2 ... economy, which has yet to bounce back fully from the COVID-19 pandemic. Local ... Read More

China's trade war weapons: Rare earth ban and US debt dump could cripple American economy and defense

As trade tensions with China escalate, experts warn that Chinese President Xi Jinping could ... the Chinese government controls all the levers of the economy. They don't have free market forces ... Read More

Billionaire Michael Bloomberg sends hard-nosed message on economy

The U.S. economy could be at a critical point. For years, the U.S. government ... market, and the rate cuts appear to have re-sparked inflation, given the Consumer Price Index showed inflation at ... Read More

Trade war threat sinks consumer confidence, alarms Wall Street

“Uncertainty and anxiety about the future of the markets and the economy are dominating ... revenue for the government coffers and further expand the debt. They could also lead to more serious ... Read More

Why US Treasuries Sell-Off Is Nightmare Scenario for the Economy

Hugh Cameron is Newsweek U.S. news ... markets in recent days, with wider fears that their inflationary effects could push the U.S. economy closer toward a recession. U.S. Treasuries are debt ... Read More

Trump tariffs spark US government debt sell-off

Confidence in the US economy is plummeting as investors dumped government debt amid ... stock markets resulting from fears extra taxes will hit the profits of companies, could lead ultimately ... Read More

Why bonds, not stocks, could predict the next economic crisis in the US

After Trump announced sweeping tariffs on dozens of US trading partners on April 2, investors ... direction of the US economy.” The ability of bond markets to shift government policy is well ... Read More

Track the rapid rise in the US national debt and see how much taxpayers (you) owe

That is down about $ ... debt materialize, it could risk America's economic standing in the world. "America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy ... Read More

Credit-Card Companies Brace for a Downturn

Photo: Brendan Smialowski/AFP/Getty Images The largest credit-card companies are preparing for the economy to get worse. An economic downturn could mean more customers can’t pay their bills ... Read More