Editorial News

Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances

Danish pension operator AkademikerPension said it is exiting U.S. Treasurys because of finance concerns as Denmark spars with President Donald Trump over his threats to take over Greenland. Anders Schelde, AkademikerPension’s investing chief, said the decision was driven by what it sees as “poor [U.S.]…

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say

Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10% cap on the interest rate they can charge customers. The move sent shares of large banks…

Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape

West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a fine grit that turns every breath into a reminder of where…

Consumers are taking on more debt this holiday, even as they grow less confident in the economy

Every year, Hillary Lanier puts her holiday shopping on credit, racking up debt that takes months to pay off. This season, the production planner said her total balance across four credit cards is in the five-figure range. “It’s definitely higher prices,” she said. Lanier,…

Watchdog Warns Of US National Debt Interest Payments Hitting $1 Trillion

By Thérèse Boudreaux (The Center Square) – Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year. The federal government…

Mexico Agrees to Meet Water Treaty Obligations for Farmers in the American Southwest

(Washington, D.C., December 12, 2025) – Today, the United States and Mexico reached an understanding to meet the current water obligations of American farmers and ranchers and for Mexico to repay the water deficit in Texas as part of the 1944 Water…

Kenya, US agency to proceed with $1 billion debt-for-food swap

NAIROBI, Dec 4 (Reuters) – The U.S. International Development Finance Corporation has agreed to proceed with a $1 billion debt-for-food security swap with Kenya to replace costly debt with lower-cost financing, Kenyan President William Ruto said. The East African country,…

Trump CFPB takes aim at 15 states that ban medical debt on credit reports—it’s ‘salt in the wound,’ says consumer advocate

The administration of President Donald Trump is taking aim at state laws that ban the inclusion of medical debt on consumers’ credit reports. In late October, the Consumer Financial Protection Bureau released what’s known as an interpretive rule, stating that laws prohibiting…

New York Fed met with Wall Street firms about key lending facility: FT

New York Federal Reserve President John Williams met with Wall Street’s dealers last week about a key lending facility, the Financial Times reported, citing three individuals familiar with the matter. The meeting, which took place on the sidelines on Wednesday at…

Debt Collectors Sue to Block Colorado Medical Debt Reporting Ban

Colorado’s law barring medical debt on consumer credit reports is preempted by a federal credit reporting law and should be blocked, a debt collection industry group said in a lawsuit. The Fair Credit Reporting Act—the 1970 federal law governing consumer…