FinanceUS federal budget crosses grim milestone as interest payments overtake defense spendingMay 21, 2024115The United States has long had the world’s biggest defense budget, with spending this year set to approach $900 billion.Yet...
Mortgages$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ saysMay 5, 202444The U.S. housing market is harboring the potential for unprecedented economic stimulus that wouldn't require any federal spending, according to...
EconomyDemocratic deficits could doom US economySeptember 6, 202389The U.S. government’s spending deficit of roughly $2 trillion for the fiscal year ending Sept. 30 is an atrocity perpetrated...