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With just one month left until the "X Date", better known as the first day on which Treasury has exhausted its borrowing authority and no longer has sufficient funds to pay all of its bills in full and on time, ....
"More Catastrophic Than Lehman"
This week, President Donald Trump, just like his predecessor Obama, promised to continue the utterly corrupt failure of a brutal occupation that is Afghanistan--despite running on a campaign to end it.
The US Statutory Debt Limit, a failed tool to halt the endless growth of Federal debt issuance, is once again in play at nearly $20 trillion. It was only at $6 trillion in 2002.
Only One in Six Insured, 15% of Refining Capacity Down
At the annual Jackson Hole Federal Reserve symposium, Fed governor Jerome Powell Warns About Failure to Raise Debt Ceiling.
Senate Majority Leader Mitch McConnell woke up on the wrong side of the bed on Monday.
A lot has happened since The White House's last on-camera press briefing - from Charlottesville to CEO-denouncements and Bannon's departure, and from Afghanistan to tax reform and GOP infighting. Sarah Huckabee-Sanders has her hands full - grab your
Conveniently coming just as warned that according to the T-Bill market, the odds of a government shutdown are now the highest they have been this cycle, moments ago Trump tweeted what appears to be a warning that the debt-ceiling process is setting u
Connecticut, home to hedge fund billionaires alongside cities mired in poverty, is racing against the clock to pass a budget or face further spending cuts to education and municipal aid across the state.
Over the weekend, Morgan Stanley reminded its clients that the biggest threat facing markets over the coming weeks is the "three-headed policy monster" inside Washington:
Connecticut, home to hedge fund billionaires alongside cities mired in poverty, is racing against the clock to pass a budget or face further spending cuts to education and municipal aid across the state.
Connecticut, home to hedge fund billionaires alongside cities mired in poverty, is racing against the clock to pass a budget or face further spending cuts to education and municipal aid across the state.
Over the weekend, Morgan Stanley reminded its clients that the biggest threat facing markets over the coming weeks is the "three-headed policy monster" inside Washington:
Will that be cash, charge, or bribe?
"To Safeguard The Country's Riches"
Moscow made the final payment on the remaining foreign debt inherited from the Soviet Union. Russia took on the debt after the other former Soviet republics refused to pay.
Moscow made the final payment on the remaining foreign debt inherited from the Soviet Union. Russia took on the debt after the other former Soviet republics refused to pay.
Moscow made the final payment on the remaining foreign debt inherited from the Soviet Union. Russia took on the debt after the other former Soviet republics refused to pay.
Senate Majority Leader Mitch McConnell said Monday there's "zero chance" that the debt ceiling won't be raised.
A new milestone on the American populaces' collective pursuit of insolvency was reached this week.
A few weeks ago the Board of Trustees of Social Security sent a formal letter to the United States Senate and House of Representatives to issue a dire warning: Social Security is running out of money.
See those people over there? They've racked up $20 Trillion in debt. You should really loan them your hard-earned money. Their debt is considered "the world's safest financial asset." Sound like a good deal? Ron Paul on the world's biggest deadbeat,
Some voters in California are so adamant about demanding more free stuff from the government that they've resorted to threatening to kill legislators who don't back massive "nanny state" entitlements such as free, unlimited health care for al
The House has passed a $788 billion spending bill that combines a $1.6 billion down payment for President Donald Trump's controversial border wall with Mexico with a whopping budget increase for the Pentagon.
U.S. Defense Secretary Jim Mattis has criticized Pentagon officials for wasting as much as $28 million by making a questionable choice of forest camouflage-patterned uniforms for Afghan National Army soldiers.
Sometimes, all you need to win is a big move that injects enough momentum to reach the finishing line. The Golden State Warriors proved that by bringing in former Oklahoma City Thunder star Kevin Durant to join with Steph Curry to bring home another
This is one fantastic look behind the economic curtains.
If you have ever wondered why our leaders in Washington D.C. seem to act so strangely, the truth is that it almost always comes down to just one thing.
[Urgent Note: David Stockman warns that the nation's economy and a massive debt ceiling hangs in the balance as Wall Street's peak bull stocks carry on.
