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US National Debt
3:00 AM EDT, Oct 11, 2019
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Chase gives some credit card holders a surprise gift: debt forgiveness
August 08, 2019
If you're a certain Chase credit card account holder in Canada, there's good news: The firm is forgiving those balances. Credit card debt forgiveness is such a rarity that experts warn not to expect it...
Mnuchin Says Markets Shouldn't Be 'Concerned' With Debt Ceiling
July 18, 2019
U.S. Treasury Secretary Steven Mnuchin said in a CNBC interview Thursday that under "the most conservative" scenario there may ...
American Investors More Worried About Trade War Than National Debt
August 27, 2019
A new survey commissioned by a financial magazine, Sophisticated Investor, revealed the average American investor is more concerned about the US-China trade war over anything when considering the...
Debt and deficits won't be as bad as feared but are still dangerous, CBO says
June 25, 2019
The Congressional Budget Office estimated Tuesday that the national debt will rise to 141% of the economy over the next 30 years — 11 percentage points lower than the agency projected last year.
The US Treasury is calling for mandatory financial literacy courses for college students
June 19, 2019
"A lack of financial education and financial literacy is common among the student population," according to a Treasury report. But institutions can address this if they require mandatory financial...
76% of Americans have 'at least one' financial regret—here's what they wish they could change
May 29, 2019
A whopping 76% of Americans have a regret about the way they've handled their money, according to personal-finance website Bankrate's May Financial Security Index.
Global debt is up 50% over the past decade, but S&P still says next crisis won't be as bad
March 12, 2019
The lower danger level is due largely to the nature of the debt — primarily driven by government borrowing in sovereign countries, rather than a private sector surge.
Bernie Sanders' 2016 economic advisor Stephanie Kelton on Modern Monetary Theory and the 2020 race
March 01, 2019
With big spending plans coming from potential Democratic candidates for president, we spoke with Stephanie Kelton, a proponent of Modern Monetary Theory, the economic rational cited by rising political...
How GDP can be improved, explained by Justin Wolfers
February 19, 2019
University of Michigan economist Justin Wolfers explains how GDP doesn't take into account things like the distribution of wealth, crime, domestic work that isn't paid for, or environmental...
Justin Wolfers: Biggest risk to strong US economy is Trump in the White House
February 15, 2019
Justin Wolfers, an economics and public policy professor at the University of Michigan, says he's optimistic about the U.S. economy because "recessions don't die of old age, they're murdered."
That $22 trillion national debt number is huge, but here's what it really means
February 13, 2019
National debt for the first time passed $22 trillion this week — a big, scary number that really doesn't pose much of a threat now but threatens to in the future.
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