The Latest Breaking News from National Debt

Yellen looks at one key statistic to determine if the U.S.'s national debt is sustainable, and she says it's "at a very reasonable level.”

Research predicts that 59 nations will experience a drop in sovereign credit ratings.

The late American satirist P.J. O’Rourke once cracked that “Giving money and power to government is like giving whiskey and car keys to teenage boys.” The $32 trillion national debt is one testament to the accuracy of his observation. The billions and billions of dollars that Washington squandered during the…

France managed to avoid a fresh credit downgrade from a leading rating agency on Friday, despite mounting concern over the country's surging national debt.

France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.

PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.

Since 1960, the United States has raised its debt ceiling 78 times -- soon to be 79, if Congress approves the latest last-minute deal. On a wall in Manhattan, not far from Times Square, a billboard-size display has kept a running tally of the national debt amount.

The United States has the world’s largest national debt at $31.4 trillion.

Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling