Economy
Official data show China is dumping more U.S. Treasury debt. But it may actually be a stealth buyer, with a big stash suspiciously piling...
China has reduced its U.S. Treasury holdings from $1 trillion in April 2022 to $591 billion in August 2024, the lowest in 18 years....
Economy
Tim Cook says late Apple cofounder Steve Jobs gave him this unforgettable advice before handing over the reins as CEO: ‘Never ask what I...
Steve Jobs advised Tim Cook to never ask what he would do, but to simply do the right thing when handing over the reins...
Economy
‘France, truly, is on the brink’ and just days away from a make-or-break moment in its debt crisis, analyst warns, as protests turn into...
France is facing a debt crisis with a record public debt of $4 trillion, or 119% of GDP, its highest level since the post-World...
Economy
AI rapidly improving, could vastly boost U.S. GDP, Anthropic’s Clark tells policymakers
Jack Clark, co-founder of Anthropic, said at the IMF and World Bank annual meetings in Bangkok that rapidly improving AI capabilities will drive major...
Economy
U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP...
The U.S. federal budget deficit widened to $1.99 trillion for fiscal year 2026, 12% worse than in 2025, with revenues at $5.4 trillion and...
Economy
The Iran war has cost the average U.S. household the equivalent of almost $2,000, and the energy portion goes up $50 a week, top...
Moody's Analytics chief economist Mark Zandi estimates the Iran war has cost the average U.S. household nearly $2,000 over seven months, including $1,100 in...
Economy
Fed interest-rate decision this month is a closer call than markets think
The Federal Reserve could raise interest rates at its October 27-28 meeting, contrary to market expectations that only assign a 17% probability of a...
Economy
With U.S. debt above $40 trillion, the IMF chief warns that economic growth alone won’t solve the problem
The U.S. national debt has reached a historic high of $40.3 trillion, representing a gross debt-to-GDP ratio of approximately 126%. During the IMF annual...