The odds of a federal debt crisis just got worse. On Thursday, Congress passed the One Big Beautiful Bill, a sweeping piece of legislation that threatens to leave the government with one big, ...

Former Obama economic advisor Jason Furman just dropped a reality check that should have every investor paying attention to ...

A review of the economic plans of former President Donald Trump and Vice President Kamala Harris finds that both would lead to increases in the national debt, but that Trump would do more damage ...

Commentary Economics 101: Defining deficits, debt and a looming debacle. The terms aren’t interchangeable. Understanding them can help explain what’s behind the debt ceiling crisis.

As The New Yorker turns a hundred, we asked Zadie Smith, Jhumpa Lahiri, and Ottessa Moshfegh to compose new stories that were ...

If the picture appears bleak for America’s graduates, it is bleaker still for Uncle Sam. Student lending was once profitable for the federal government. Now it loses 25 cents on every dollar lent. All ...

The economic data this week tells a story of resilient consumers facing mounting headwinds. Inflation pressures remain ...

Debt levels, both private and public, were already at record highs before the Covid-19 pandemic, and surged further in 2020. The high indebteness raises concerns whether it will undermine future ...

America faces potential "economic heart attack" as billionaire Ray Dalio warns about chronic overspending, $37 trillion debt ...

Editorial cartoon gallery for May 21, 2023: Debt ceiling roulette ... warned bank CEOs of “real and severe consequences of default for the banking system and the domestic and global economy ...