When conservative/libertarian Sen. Rand Paul (R-Kentucky) and Rep. Thomas Massie (R-Kentucky) voted "no" on President Donald ...
Promising tax cuts without offsetting spending cuts is politically painless so long as constituents believe they “pay for ...
The success of the BDC industry is coming at its own expense, one veteran industry executive told InvestmentNews.
Signs of elevated stress are emerging within the $1.7 trillion private credit market as default rates are rising and more borrowers are choosing to defer cash interest payments, according to a Bank of ...
JPMorgan CEO Jamie Dimon warned America’s $37.5 trillion national debt is unsustainable, cautioning that markets may one day refuse to fund borrowing without higher rates. While he praised Trump’s pro ...
This is read by an automated voice. Please report any issues or inconsistencies here. The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That’s the kind ...
The government spends about $1 trillion annually on interest on its debt, so a lower interest rate should reduce those costs… right? Tax-policy reporter Richard Rubin discusses why the answer is more ...
Developer China Vanke Co. has made delayed interest payments on onshore debt that it had previously skipped, according to people familiar with the matter, potentially easing tensions with creditors.