Many large U.S. cities are in deep financial trouble. Here’s why
Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay...
archiveGovernment Finance
U.K. Economy Offers Conservatives Few Options as a Tough Election Nears
Tradition dictates that the United Kingdom chancellor is allowed an alcoholic drink while delivering the government’s annual tax and spending...
Dollar drifts higher as markets await U.S. inflation data
The dollar index, a measure of the U.S. currency against six of its peers, was slightly higher at 104.03 as...
U.S. national debt hits record $34 trillion ahead of funding fight in Congress
WASHINGTON — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political...
Opinion: The debt supercycle that hit the U.S. and Europe has now come for China
The 2008 financial crisis in the United States kicked off a debt supercycle, which spread to Europe in 2010 and has...
The U.S. Economy Continues to Grow Even Under High Top Rates
About the author: David R. Evanson is a writer and consultant in Philadelphia.The budget the White House will propose this...
U.K. Tax Change to Yield Higher Costs, But Much-Needed Certainty For Companies
U.K. finance chiefs finally know what’s coming: Higher taxes. Faced with a weaker currency, rising financing costs and surging inflation, finance...
