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National Debt Tracker: American taxpayers (you) are now on the hook for $36,034,994,586,981.97 as of 11/22/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
US national debt hits a new record: $36 trillion
The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.
Economist scolds White House for touting lower prices: 'Absolutely Appalling'
Heritage Foundation research fellow and economist EJ Antoni weighs in on Occidental Petroleum CEO's warning over U.S. energy independence and reacts to the White House touting lower prices ahead of Thanksgiving.
Mortgage rates rise after home sales jump in October
Mortgage rates climbed this week with the 30-year fixed rate mortgage nearing 7%, after a drop in rates in September sparked a revival in existing home sales in October.
Boeing to lay off 2,200 Washington workers in coming months
Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.
Walmart US CEO addresses potential impact from tariffs
Walmart U.S. CEO John Furner weighs in on the potential impact of President-elect Trump's proposed tariffs and the looming port strike.
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Goldman Sachs economists released an analysis that projected that President-elect Trump's tax cuts and deregulation will support growth, while broader tariffs could dampen the impact.
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip
In its first open-ended strike in 22 years, Nevada's largest union called on hundreds of workers at Virgin Hotels Las Vegas to walk off the job Friday morning as negations failed.
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
