Questions about the reliability of official data could raise doubts in investors’ minds about the risks of US Treasury bonds.
Musk was responding to U.S. senator Mike Lee who posted that he found the soaring U.S. debt of $36 trillion "deeply disturbing—even with the Doge numbers providing a glimmer of hope." ...
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances ...
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