Addiction to debt has left the global economy one shock away from disaster - Yahoo Finance

Premium News. Earnings. Tech. Housing. Crypto. ... Addiction to debt has left the global economy one shock away from disaster. ... If there is one thing that unites both candidates for November ... Read More

Trump tax bill averts one debt crisis but makes future financial woes worse

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse ... Read More

Biden oblivious about leaving Trump an economy on the precipice of disaster - Fox News

Thanks in large part to Biden’s four-year deficit spending spree, the economy is shackled by a huge $36 trillion in debt and $1 trillion less in Treasury cash on hand. Fox News Media Fox Business ... Read More

The global economy has likely been spared a US debt default. It still faces a mountain of risks - CNN

With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook. Read More

Another Jolt of Uncertainty for a Global Economy Mired in It

The one certainty about such uncertainty is that it tends to be bad for the economy. Businesses are more wary of investing, expanding and hiring. Consumers are less eager to spend their savings. Read More

100 Days: Shock and Awe on the Economy | Economy | U.S. News - U.S. News & World Report

Sentiment has fallen well below what the economic data shows, indicating growing pessimism over tariffs and the labor market. Tim Smart April 29, 2025 And it is not only the market that has slumped. Read More

America has a debt disaster – Just how far has it spiraled? - MSN

America’s national debt is a monster that keeps growing. At $36 trillion, it’s the highest in history, with no signs of slowing down. In 16 years, the debt-to-GDP ratio has doubled, now ... Read More

U.S. debt just hit $35 trillion. Is it putting the global economy at risk? - Marketplace

Global debt hit a milestone recently. If you add up the debt of all of the countries on Earth, you end up with a stunning $91 trillion.More than a third of that comes from one country: the United ... Read More

Government spending pushes debt to unsustainable levels despite record revenue - Fox News

The U.S. faces a debt dangerous crisis with Congress's overspending pushing the nation towards a fiscal cliff. Trump has to figure a way to fix things before it's too late. Read More

Here’s what would happen to the global economy if the U.S. defaults on its debt | PBS News

If the debt crisis roiling Washington were eventually to send the U.S. crashing into recession, America's economy would hardly sink alone. The repercussions of a first-ever default on the federal ... Read More

IMF Credits Strong US Economy, But Cites Financial Risks of Rising Debt - Investopedia

The U.S. economy has led the world in recovering from the COVID-19 pandemic—but that performance is largely due to heavy government spending that may be unsustainable in the face of mounting ... Read More