When the crash came, we got an insider look at the carnage: millions of homeowners lured into mortgages they couldn’t sustain over the long term lost their homes. Between 2007 and 2010, approximately ...

The United States has piled up debt approaching $39 trillion as lawmakers approve annual budgets with 13-figure deficits and outlays on mandatory spending rise with the aging population. There is ...

The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased spending on Social Security, Medicare, and debt service payments.

"Yet the JGB has unique features going for it, which limit the odds that the next debt crisis will be made in Japan." ...

The UN is at risk of "imminent financial collapse" due to member states not paying their fees, says António Guterres ...

The US dollar has witnessed heightened volatility this week amid uncertainty and unpredictable US policymaking. The dollar is poised for its worst week since June as unpredictable US policymaking ...

The U.S. national debt is approaching record levels as a share of Gross Domestic Product (GDP) and currently stands at 100% of GDP, while interest costs are surging to new records and budget deficits ...

Bottom Line: The October U.S. budget agreement provides a short respite, with a new spending showdown likely in January. Although the debt limit extension may last until the summer, the costs of our ...

President Joe Biden put the debt ceiling drama front and center in his State of the Union address for all the world to see—and the world was watching. The Biden administration is looking for a “clean” ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Here’s why a bond analyst said ...

Mr. Ngarmboonanant is a managing director at J.P. Morgan and was a deputy chief of staff to Treasury Secretary Janet Yellen. Many Americans have heard that they should worry about the staggering size ...