Commentary: Since the 1960s, the U.S. welfare state has grown to cover not just the poor but, increasingly, the middle class.

The U.S. has a uniquely strong economy that gives it the ability to recover from its debt, Elmendorf said. A true crisis would occur if the world stops seeing the U.S. as a safe place to store their ...

France, the U.K. and Germany have rising budget deficits and debt, while the former crisis hot spots in the south look ...

The rise in gold prices is not only a result of interest rate cuts, but also the result of a cumulative effect of factors that have shaken confidence in the global economy: trade and monetary ...

European shares opened higher on Monday boosted by the energy sector after OPEC+ decided to halt production increases for the first three months of 2026.

After the 2011 General Election, Uganda witnessed a sharp rise in food and fuel prices that triggered the ‘Walk-to-Work’ demonstrations, a civil reaction to the escalating cost of living ...

On Sunday, November 2, tech billionaire Elon Musk renewed his warning about America’s fiscal outlook. He said the federal debt has grown so large that it can’t be fixed without a major jump in ...

Every crisis forces us as a people, and for that matter as a country, to rethink our future. The failed post-war reconstruction in the North a decade ago made many of us approach rural development ...

Despite the Trump administration’s focus on cost cutting and the additional revenue coming from tariffs, the deficit is as ...

With an estimated population of over 22 million and a landmass of just 3,575 square kilometres, Lagos currently has Nigeria’s highest vehicle density, with about 1.2 million registered vehicles. This ...

It’s fashionable to call the current federal government shutdown a “crisis,” to focus on the missed paychecks, delayed ...