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Last updated: 2026-08-20 03:34:28 ET
The landmark number was reached in part because of lost revenue from invalidated tariffs.
Milestone marks years of government spending that grew under both Donald Trump and Joe BidenUS debt reached $40tn for the first time on Wednesday, the...
The U.S. has reached a new borrowing milestone in its struggle to get hold of its finances.
The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates...
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
The decision came just after bond yields reached their highest level since 2007.
Move could be confirmed along with $100m US Open potSlams have been in dispute with players for 18 monthsThe grand slam tennis tournaments have agreed...
Inflation was driven by a surge in household energy costs and reached the highest annual rate since March, when prices spiked following the outbreak ...
President Trump said he was delaying the 50% U.S. tariffs on Canadian imports after the two countries reached a last-minute deal less than two hours before the sanctions were to go into effect.
President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.
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