Evergrande, once a giant in China's real estate, has been delisted from the Hong Kong stock exchange after a prolonged trading freeze. The company faces liquidation, having lost over 99% of its market value since its peak in 2017, amid a broader downturn in the property sector.
The U.S. dollar has plummeted over 10% this year, marking its worst six-month decline since 1973. As political chaos and rising debt loom, investors question if this trend signals a long-term shift or a temporary blip.
Economists warn that Trump's massive tax cuts could exacerbate the U.S. debt crisis, potentially leading to higher interest rates and a doom loop that threatens economic stability. Learn why experts are concerned about the future.
House Republicans' spending bill and rising tariffs may slightly reduce the budget deficit, but experts warn of an unsustainable debt trajectory. With the national debt nearing $36 trillion, tough fiscal decisions loom on the horizon.
In a stark warning, JPMorgan CEO Jamie Dimon highlights potential turmoil in the bond market due to escalating U.S. debt. Investors are urged to diversify as fears of a fiscal crisis loom. Discover what this means for your investments!
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
After the US lost its last perfect credit rating, lawmakers are at odds over how to address the fiscal crisis. With a proposed bill potentially adding trillions to the deficit, investors are on high alert. Will Congress come together to avert further downgrades?
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
Moody's has downgraded the US sovereign credit rating, raising alarms about a growing debt crisis. As Congress debates a massive fiscal bill, investors are on edge, fearing higher borrowing costs and political turmoil.
In a fierce response to Moody's credit downgrade, White House communications director Steven Cheung calls out the rating agency's economist, Mark Zandi, labeling him a political adversary of Trump. As Congress debates a new tax package, concerns about the U.S.'s soaring $36 trillion debt continue to mount.
