Consumer News How Close Is The U S To A Debt Crisis

What a debt crisis would look like and why we must act now

Many Americans have grown numb to headlines about trillion-dollar deficits and a national debt that will destroy the U.S. economy. It has become routine to hear that Washington has added yet another ... Read More

U.S. debt tops $38 trillion for the first time, worsened by government shutdown

The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn. Read More

US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high. Read More

Billionaires Like Ray Dalio Keep Sounding the Alarm on U.S. Debt. What Is Going on With the So-Called Debt Crisis?

Wall Street doesn’t always move in sync, and top money managers rarely see eye to eye when it comes to investment strategy. Yet despite those many differences, everybody in finance seems to agree on ... Read More

Across the rich world, fiscal crises loom

The irony of the world’s fiscal mess is that economic conditions are benign. No major economy is in a recession. Public debts have fallen slightly in real terms since their pandemic peak (due to ... Read More

Fixing federal debt crisis is crucial — and sure to be painful

Re “U.S. debt crisis will be worse than in Britain, France” (Sept. 23): Yes, the crisis is coming, unless we wake up. Both major political parties are in denial. Democrats want to spend more because ... Read More

Consumer, Labor Data Keep Treasury Yields Weak

The rally on U.S. government debt continues, weakening yields, as indicators show consumer confidence wobbling while employment remains lackluster. The September Conference Board consumer confidence ... Read More

Consumer Debt Flatlined Again In August Signaling Financial Stress

After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. Read More