The Latest Breaking News from Desmond Lachman

Trump Says the Iran War Could End Soon: How Your Wallet Could Still Feel the Pinch After It’s Over

President Trump has given mixed signals on the war, signaling it could end soon or continue. Even if it winds down, several factors could squeeze wallets.

GOBankingRates · Mar 18

Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior

The costs were higher because of a larger budget burden, the CBO said, as well as "higher long‐term interest rates and an increase in the rate of inflation."

Fortune · Jan 12

'Military adventures cost money': Economists' key concern about Trump's Venezuela action is how it weakens $38 trillion national debt picture

“What my concern about Venezuela is that…it’s just confirming that the United States isn’t a very reliable partner.”

Fortune · Jan 5

'Manufacturing superpower': Trump team eyes overhaul of US economy - Roll Call

President Trump and his second-term team have signaled an overhaul of the U.S. economy, envisioning a manufacturing revolution.

Roll Call · Mar 14, 2025