debt
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America’s gross national debt exceeded $33 trillion for the first time on Monday, providing a stark reminder of the country’s shaky fiscal trajectory at a moment when Washington faces the prospect of a government shutdown this month amid another fight over federal spending. The Treasury Department noted the milestone in its daily report detailing the […]
U.S. Dollar banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration Acquire Licensing Rights Sept 5 (Reuters) – A post Labor-day rush of bond issuance by . . .
Comment on this storyComment The federal deficit is projected to roughly double this year, as bigger interest payments and lower tax receipts widen the nation’s spending imbalance despite robust overall economic growth. After the government’s
The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters in Washington, February 23, 2011. REUTERS/Jason Reed/File Photo/File Photo Acquire Licensing Rights WASHINGTON, Aug 22 (Reuters) – U . . .
A man walks past a No Entry traffic sign near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG . . .
Fitch downgrade a reminder of longer-term risks for govt debt Demographics, climate change, geopolitics are big challenges Investors say risks are too far out to factor them in World with no AAA governments possibility – former S& . . .
Freight trucks are driven on the Fisher freeway in Detroit, Michigan March 27, 2009. REUTERS/Rebecca Cook/File Photo Aug 6 (Reuters) – Yellow Corp (YELL.O), a nearly 100-year-old U.S. trucking firm, filed for Chapter 11 bankruptcy protection on . . .
Comment on this storyComment For the first time in a while, the nation — and its policymakers — can step out of crisis mode. This is an ideal moment for President Biden and Congress not just to take a victory lap but also to start tackling the United States’ long-running challenges. The surprises keep . […]
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it seems the smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess how risky a company is. We can see that Black Hills Corporation (NYSE:BKH) does use debt in its business. […]
ATTARAT, Jordan (AP) — Jordan’s Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. But weeks after its official opening, the site, a sea of black, crumbly rock in the barren desert south of Jordan’s capital, is […]