Total National Debt as of 08/14/2018 (source)
U.S. Takes Trade Fight to Smaller Nations

U.S. Takes Trade Fight to Smaller Nations

The White House push to confront rivals over trade has spread beyond the world’s biggest economies such as China and […]

U.S. Sanctions Put Russia On Edge

U.S. Sanctions Put Russia On Edge

Russian officials and companies were bracing for further economic pain Thursday, as the U.S. decision to punish the Kremlin for […]

China Retaliates With New Tariffs, Hunkering Down for a Long Trade Fight

China Retaliates With New Tariffs, Hunkering Down for a Long Trade Fight

China is shoring up its economy for a long trade conflict with the U.S., with government data released Wednesday showing […]

‘Too Little Too Late’: Bankruptcy Booms Among Older Americans

‘Too Little Too Late’: Bankruptcy Booms Among Older Americans

For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal […]

New FDIC Leader Joins Push to Re-Evaluate Banking Rulebook

New FDIC Leader Joins Push to Re-Evaluate Banking Rulebook

Washington’s newest senior bank regulator is turning her agency’s agenda in the direction of policies being proposed by other Trump-appointed […]

Apple Inc. First US Company to Reach $1 Trillion

Apple Inc. First US Company to Reach $1 Trillion

Apple Inc. on Thursday became the first U.S. company to surpass $1 trillion in market value, underscoring the iPhone maker’s […]

U.S. Treasury Plans Increased Auctions to Fund Looming Trillion-Dollar Deficits

U.S. Treasury Plans Increased Auctions to Fund Looming Trillion-Dollar Deficits

The U.S. Treasury Department will increase issuance of government debt at Treasury auctions by a total of $30 billion over […]

Chinese Economy Starts to Feel Tariff Impact

Chinese Economy Starts to Feel Tariff Impact

China’s leadership pledged to ensure economic stability as its trade fight with the U.S. started to pinch growth, signaling that […]

Shareholder Sues Facebook After Stock Plunges

Shareholder Sues Facebook After Stock Plunges

Days after Facebook’s stock suffered the largest drop in Wall Street history, a shareholder sued the company, accusing the social media […]

Deficit Projected to Top $1 Trillion Starting Next Year

Deficit Projected to Top $1 Trillion Starting Next Year

The Trump administration expects annual budget deficits to rise nearly $100 billion more than previously forecast in each of the […]