A recent surge in government borrowing has investors on edge. This has led to a sharp drop in U. S. bond prices and a tumble in stock markets. The S&P 500 fell by 1. 6%, the Dow Jones Industrial Average dropped by over 800 points, and the tech-heavy Nasdaq declined by 1. 4%. Investors are nervous ab
The recent rise in the yield of the 30-year Treasury bond has caught the attention of investors. It crossed the 5 percent mark. This spike came as a reaction to a Republican budget plan. The plan could lead to unprecedented levels of U. S. fiscal debt. The U. S. President did not address this conce
The US government's borrowing costs have seen a recent surge, reflecting ongoing economic concerns. The interest rate on long-term US government debt briefly exceeded 5% before slightly easing. This spike came shortly after Moody's, a credit rating agency, lowered the US government's credit rating.
The United States faced a significant credit rating downgrade. This is not the first time this has happened. The last two times were in 2011 and 2023. This time, it was Moody's turn to lower the rating. They dropped the US credit rating from Aaa to Aa1. This change sent shockwaves through the f
The U. S. Treasury Secretary, Scott Bessent, recently hinted that Walmart, the nation's biggest retailer, might increase prices due to President Trump's tariffs. This came after Trump warned Walmart not to raise prices and promised to keep a close eye on the situation. The conversation between Bess
The House of Representatives is still aiming to pass a significant bill by the end of the week. This bill, known as the "One Big Beautiful Bill Act, " is a crucial part of President Donald Trump's agenda. The bill faced a setback on Friday when some Republicans, both hard-liners and moderates, oppos
The US government's credit rating just took a hit. The news came from Moody's Ratings, which made the announcement on a Friday evening. This change is expected to make the start of the trading week rough for investors. The reason? Worries about the US debt, not trade issues, are the main culprit thi
Technical debt is a big problem for many companies. It is caused by quick fixes and shortcuts taken to meet deadlines. These shortcuts add up over time and can slow down a business. The total cost of this tech debt is huge. It is estimated to be over 1. 52 trillion dollars. This debt can hold a comp
The Republican Party is pushing forward with a plan to reduce Medicaid spending by hundreds of billions of dollars. This move comes despite internal disagreements and a promise from former President Trump not to cut the program. The House Republicans are determined to advance key parts of their bill
The world's top economic minds gathered in Washington, D. C. for the annual IMF-World Bank Spring Meetings. The mood was tense, with a $4. 2 trillion funding shortfall looming for the sustainable development goals by 2025. The focus was on jobs and prosperity, but the real issue is the broken financ
