Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...

Globally, government debt/GDP ratios and debt service costs have increased since the GFC and Covid, raising the relevance and importance of sovereign bond indices like the FTSE Debt Capacity World ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

Debt financing costs have jumped to the highest level since 2007 among OECD governments. Interest payment as a share of GDP outpaced defense and safety services. The US accounted for over two-thirds ...

America's national debt hit $35 trillion for the first time late last month, and with large budget deficits set to continue to push the debt to astronomical new heights in the decades ahead, an ...

WASHINGTON, April 23 (Reuters) - Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower ...