National Debt Tracker: American taxpayers (you) are now on the hook for $39,941,929,832,070.77 as of 8/12/26
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.
New Social Security COLA estimates released after fresh inflation data
Social Security 2027 COLA estimates range from 3.2% to 3.6% after July CPI inflation data showed consumer prices rose 3.4% from a year ago.
Slowing labor market creates new hurdle for first-time homebuyers facing affordability squeeze
High mortgage rates and a weakening labor market are squeezing first-time homebuyers who struggle to save for down payments as wages fail to keep pace with inflation.
Inflation cooled in July but remained elevated as Fed weighs rate hikes
The Labor Department released the consumer price index (CPI) for July which showed that inflation cooled, even as the pace of price growth remained elevated.
Major US airport getting new tech to prevent runway incidents
The FAA deployed new surface movement radar at Newark Liberty International Airport, replacing 30-year-old technology to track aircraft in all weather.
Fed’s Hammack says multiple rate hikes may be needed to tame inflation
Beth Hammack says one rate hike won't suffice, arguing current Federal Reserve interest rates aren't meaningfully restricting the economy amid inflation.
Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue
The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year.
Wealthy Americans look to New Zealand as demand for 'golden visas' booms
Over 700 wealthy foreigners have applied for New Zealand's golden visa in 14 months, with Americans filing more than one-third of applications.
Oil in US Strategic Petroleum Reserve falls to lowest level since 1983
U.S. Strategic Petroleum Reserve stocks dropped by 6.1 million barrels to 298.7 million, reaching their lowest point since January 1983 amid Middle East supply strains.