Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future lawmakers, although that’s certainly possible, but because
‘A strategic blunder’: Democrats confront Hegseth as the Iran war’s price tag hits $25 billion
Making his first appearance before Congress since the Trump administration went to war in Iran, Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats
Chevron CEO says Venezuela must do more for oil industry revival
Chevron Corp. Chief Executive Officer Mike Wirth said changes to Venezuela’s oil policy are a sign of progress in trying to attract foreign investment, though further measures
You can fly almost anywhere in Europe for €20 while Spirit Airlines is staving off bankruptcy. Here’s the difference
Spirit Airlines built its brand on a simple business model: give up the frills, pay less, get there. Now the Trump administration may test whether
Small businesses may already be at disadvantage as $166 billion tariff refund pool becomes available
After months of waiting, U.S. importers will finally have access to the $166 billion collected from tariffs that were ruled unconstitutional. But as American small
Oil is back to early war days, S&P 500 jumps to all-time high
Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait
Anthropic cofounder who majored in literature says knowing which questions to ask beats coding
AI may be restoring the importance of the liberal arts degree, at least according to the cofounder of one of the industry’s biggest players. Jack
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched,’ strategist says
President Donald Trump’s war on Iran has raised doubts about America’s superpower status and currency dominance as the Strait of Hormuz remains under Tehran’s control.
Within a day, the Iran-U.S. ceasefire began breaking down. Markets shrugged
Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, said Wednesday that three clauses of the 10-point ceasefire framework with the United States had already been violated, despite
Trump risks confidence in U.S. role as guardian of global shipping
Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade deals, few would be as
