The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation’s daily finances. The national debt eclipsed $37 trillion years sooner than pre-pandemic projections. The …
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US national debt reaches $37 trillion
WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation’s daily finances. The national debt eclipsed $37 trillion years sooner than …
Read More »Kodak cautions on business operations but remains confident it can meet debt obligations
The more than 130-year-old Eastman Kodak Co. is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations. “Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their …
Read More »Eastman Kodak Raises Doubt About Ability to Pay Debt – The Wall Street Journal
Eastman Kodak Raises Doubt About Ability to Pay Debt The Wall Street Journal 133-year old Kodak says it might have to cease operations CNN Kodak warns investors it might not be around much longer MarketWatch Kodak Reports Second-Quarter 2025 Financial Results Yahoo Finance Kodak Greensboro News and Record Source link
Read More »Could the Treasury Revalue Gold for Bitcoin Reserve or Debt Relief?
Revaluing Fort Knox’s gold to fund a strategic bitcoin reserve or pay down the national debt is no longer unthinkable. Bettmann Archive Gold is up more than 40% in the past year, from under $2,400 an ounce to over $3,400. Meanwhile, the national debt is approaching $37 trillion. That’s helped revive an idea long dismissed as fringe: revaluing the government’s …
Read More »Claire’s files for bankruptcy again as debt pile looms
People walk by a Claire’s store on December 11, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Tween retailer Claire’s filed for bankruptcy protection for the second time in seven years on Wednesday in the hopes it can reorganize its business and stave off liquidation. The mall-based boutique, long known for its ear piercing …
Read More »Car buyers' auto debt is snowballing, Edmunds says – Axios
Car buyers’ auto debt is snowballing, Edmunds says Axios Column | More Americans are car poor as they misjudge trade-in math and pile on debt The Washington Post New Car Buyers Are Getting Trapped in This Scary Financial Situation autoblog.com Underwater car loans hit their highest level in 4 years NewsNation ‘It’s extremely unfortunate’: New data shows more car owners are underwater on auto …
Read More »Treasury Is Playing Safe on Debt Sales. Wall Street Is Divided on Its Strategy. – Barron's
Treasury Is Playing Safe on Debt Sales. Wall Street Is Divided on Its Strategy. Barron’s For Bond Dealers, It’s Now All About Bills at Bessent’s Treasury Bloomberg.com Trump and Bessent Bring New Style to Managing America’s Debt The Wall Street Journal Treasury refunding preview: T-Bill, t-storm FXStreet Wells Fargo previews Treasury refunding, says ‘fiscal blowout’ type scenario unlikely Seeking Alpha Source link
Read More »Want to pay down the national debt? The US government will take Venmo
US national debt currently exceeds $36 trillion, but if you want to toss a few extra dollars of your own money to try and help bring that down, you can now do so from a Venmo account, as spotted by NPR’s Jack Corbett. You can see the Venmo payment option on the Treasury Department’s “Gifts to Reduce the Public Debt” …
Read More »A Startup is Selling Data Hacked from Peoples’ Computers to Debt Collectors
When your laptop is infected with infostealing malware, it’s not just hackers that might get your passwords, billing and email addresses, and a list of sites or services you’ve created accounts on, potentially including some embarrassing ones. A private intelligence company run by a young founder is now taking that hacked data from what it says are more than 50 …
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