The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
Ray Dalio said every world power eventually declines – some more gracefully, and some with major trauma – but the fact is, ...
South Africa is in the grip of an infrastructure supercycle, but it isn’t roads or rails. It is the rise of the AI Factory, windowless fortresses consuming small cities worth of power.
Discover how the Army Emergency Relief Fund offers interest-free loans and grants to support financially challenged active-duty and retired soldiers and their families.
New DWP 'snooping' powers allowing access to bank account data face scrutiny, with MPs warning public trust and claimant privacy could be at risk.
A new Congressional Budget Office outlook expects entitlement spending and the national debt to explode in the next decade.
Annual interest payments will double to $2.14 trillion by 2036, nearly double the yearly budget for spending on defense.
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 federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...
The nation's debt likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office said.
Data: Congressional Budget Office; Chart: Axios Visuals U.S. budget deficits are set to remain high in the coming decade, the Congressional Budget Office said Wednesday, as a surge in tariff revenue ...