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 ...

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.

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

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

This explains the rigid fiscal compact, even if it means a slowdown in the German and European economies and a break with London.14 Only in this way will Berlin allow the ECB to partially and ...

California hasn’t turned the corner on its growing government debt problems — and it’s not even really trying. It’s been 13 ...

The government shutdown is now a month old, threatening food aid, federal paychecks, and billions in U.S. economic growth as talks remain deadlocked.

As the government shutdown drags past 30 days, longtime budget advisor G. William Hoagland says this one feels different — ...

The national debt jumped $1 trillion in 82 days and is expected to keep climbing. How that could affect you and your financial health.