Treasury Secretary Janet Yellen is urging Congress to act as the debt ceiling deadline approaches. In a letter to Speaker of the …
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Debt
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The U.S. is likely to hit the maximum it’s legally allowed to borrow at some point between Jan. 14 and Jan. 23, …
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Finance
US Treasury to hit new debt ceiling before Trump’s inauguration as the crisis worsens
by shayaanby shayaanThe United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new …
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Finance
Fed says US debt is the top threat to economic stability, criticizes stablecoins
by shayaanby shayaanThe Federal Reserve has declared the US government’s $36 trillion debt as the biggest risk to financial stability, pushing inflation and geopolitical …
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Mining
Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion
by shayaanby shayaanMarathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 …
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Web3
Yikes! The US National Debt Just Surpassed $35 Trillion (This Is Why We Need Bitcoin)
by shayaanby shayaanTL;DR Full Story Would you look at that! History was just made. But not in a good way. For the first time …
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Regulation
$33,000,000,000,000 ‘Wall of Debt’ Descending on Globe As Governments Face Financial Day of Reckoning: Report
by shayaanby shayaanGovernments around the world are facing a major day of reckoning on trillions of dollars of debt. A so-called “maturity wall” of …
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