The backdrop for JPMorgan’s warning is already jittery. Global crypto markets sit around the $3 trillion mark, but markets ...
The missive called on the International Monetary Fund (IMF) to sell its gold reserves and set up a debt relief fund for distressed governments. It also backed the creation of a ‘borrowers club’ to ...
The president's endorsement of Paramount as a buyer for Warner Bros. Discovery signals a new paradigm for M&A in these times.
Wall Street doesn’t always move in sync, and top money managers rarely see eye to eye when it comes to investment strategy. Yet despite those many differences, everybody in finance seems to agree on ...
Billionaire investor Ray Dalio issued a dire warning on June 4 about the U.S. economy, stating that it is on the verge of suffering an "economic heart attack" due to unsustainable national debt. In a ...
The Vatican has endorsed a report calling for reforms to alleviate the global debt crisis affecting billions of people in developing countries. The document, titled “The Jubilee Report: A Blueprint ...
Let’s not sugarcoat this: the national debt is out of control. We all know it, but nobody wants to budget on how to really fix it. We’re staring down the barrel of almost $37 trillion dollars in debt ...
US debt and deficits are at historic highs, and many fear that the One Big Beautiful Bill Act could worsen the fiscal outlook over the next decade. Elon Musk has issued dire warnings about the US ...
The fall of the French government on Monday because of its failure to get through parliament an austerity program to deal with rising government debt is a very sharp political expression of the ...