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US NATIONAL DEBT
Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
Nepal seeks climate compensation from India, China and US after deadly floods leave 4,000 missingNepal seeks climate compensation from world’s biggest emitters of greenhouse gases. Deadly floods killed over a thousand people and left ma...
US debt hits $40 trillion. Here’s how Washington has tackled funding crises beforeAmerica has historically faced significant debt challenges and devised new funding methods. During the Civil War, new buyers were created f...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
Global bond yields surge as debt and inflation risks mountGlobal bond markets are experiencing a significant selloff as inflation concerns grow. Government debt levels are increasing, impacting con...
US stocks today: Nasdaq crashes over 1% as bond selloff, oil rise fuel inflation anxietyWall Street stocks fell as rising oil prices intensified inflation fears and pushed U.S. bond yields higher. The S&P 500 dropped 0.7%, whil...
AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
Hindustan Zinc, Vedanta, Nalco and other metal stocks slide up to 5%. Here's whyMetal stocks tumbled up to 5% on Monday, with the Nifty Metal index falling over 2% amid a decline in metal prices and rising expectations ...
Emerging market bonds surge as dollar debasement trade fuels investor inflowsEmerging market bonds are set for further gains as dollar debasement fears grow. Investors seek alternatives to the greenback, driving dema...
Is your data truly yours? India's sovereignty struggle with foreign cloud providers and AIIndian enterprises now prioritize data sovereignty over cost and scale in cloud procurement. New regulations and geopolitical shifts highli...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 croreHindusthan National Glass has issued a default notice to Bira 91's parent company. The glass manufacturer seeks recovery of over eleven cro...
India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala SitharamanIndia's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fi...
Fed, BOJ, AI Boom and Elections: What markets are watching nextAs traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in ...
Studying in America is anything but a dream nowThe US education-to-employment route is becoming costlier for Indian students. Annual costs at 16 colleges have crossed $100,000, while a p...
US Treasury Secretary may have a tough time dealing with yieldsTreasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs ...
Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
How bitcoin and gold went from a slump to an MVP week in just a few daysBitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors shied away from speculative assets...
Iran says Strait of Hormuz will remain closed until US changes courseIran's Mohsen Rezaei stated the Strait of Hormuz remains closed until US behavior changes. He claimed America relies on economic pressure a...