Browsing Tag
debt
7 posts
The US Economy Is Addicted to Credit Cards—Here’s the Cost
The US economy is battling multiple crises simultaneously, failing to restore significant financial sectors. On the one hand,…
Elon Musk’s xAI Taps Morgan Stanley for $5B Debt Amid Trump Feud
Elon Musk xAI loans have become a major talking point right now as the AI company aims at…
David Sacks Sees AI-Powered Robots as Possible Solution to US Fiscal Crisis
AI-powered robots fiscal crisis discussions have, right now, taken center stage after David Sacks, the White House AI…
Trillion-Dollar Interest: What Moody’s Last AAA Rating Cut Means for Markets
Moody‘s AAA rating cut has, at the time of writing, sent real shockwaves through global markets as the…
Medical Debt Banned from Credit Reports Under New Bill
A new rule announced Tuesday by the Biden administration bans medical debt and unpaid bills from credit reports.…
US Citizens’ Debt Surpasses $17 Trillion for the First Time Ever
Amid the country’s fragile economic standing, US citizens’ debt has surpassed the $17 trillion mark for the first…
U.S. National Debt Has Reached an All-Time High of $31.41 Trillion
In a development that many expected, the U.S. National Debt has officially reached an all-time high of $31.41…