Total household debt in the U.S. increased by $185 billion in the past three months, reaching a total of $18.39 trillion at the end of June, according to the latest data from the Federal Reserve Bank ...

The federal government just added another trillion dollars to the national balance sheet in less than three months, pushing U.S. debt to levels that would have been unthinkable a decade ago. The pace ...

The US long-term economic growth trend is still showing signs of a slow, persistent downshift. The increasing federal budget deficit could become a significant headwind for growth in the years ahead.

US debt in the hands of the public now stands at 99% of GDP. The Congressional Budget Office (CBO) projects that it will reach 107% of GDP by 2027. The projections of the ratio of debt to GDP show an ...

As Elon Musk argues, rising national debt and debt servicing costs are curtailing the growth prospects of the U.S. economy. More debt could lead to higher interest rates over the long term. These ...