Donald Trump Sanctions Win as Russian Oil Giant Sells Off Vast Assets
Russian oil giant Lukoil said Monday it will sell off its international assets after new U.S. sanctions targeting…
How soaring national debt impacts mortgage rates and the housing market
The ongoing government shutdown is hindering the economy in numerous ways. Among the most notable: The nation’s debt…
US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed…
Foreign holdings of US Treasuries surge to all-time high in July, China’s sink
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries rose to an all-time peak in…
Social Security says it will no longer send paper checks. What you need to know
The Trump administration will soon stop sending out paper checks for Social Security beneficiaries, as part of an…
‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark…
Nippon Steel to invest US$4 billion for US Steel mill in US$14 billion package
Nippon Steel plans to invest US$14 billion in US Steel’s operations including up to US$4 billion in a…