Government News

Medical emergencies can lead to debt and bankruptcy even for insured Americans

Even Americans who are covered by health insurance can emerge from medical emergencies with long-lasting financial scars. In a study published this month in the journal Health Affairs, researchers found that 18 months after being hospitalized for a traumatic injury — such as a…

Millions may drop ACA coverage — and raise health insurance costs for everyone else

Millions of people are likely to drop their health insurance now that enhanced premium subsidies for consumers who buy coverage on the Affordable Care Act marketplace have expired. That could increase costs for remaining enrollees, leading some experts to warn of a potential “death…

Trump wants lower borrowing costs but a Fed rate cut may be months away

The Federal Reserve is set to announce if it will adjust its benchmark interest rate on Wednesday, with President Donald Trump pushing for a rate cut. Trump renewed his call for interest rate cuts in a speech at the World Economic Forum on Jan.…

Bond sell-off accelerates as Trump ramps up tariff threats

U.S. Treasurys and other countries’ government bonds continued to sell off on Tuesday, as the White House’s rhetoric on tariffs fueled fresh fears of a trade war between the U.S. and Europe. By 6:10 a.m. ET, yields on U.S. Treasury…

What’s Changing in US Debt Collections in 2026 and Why It Matters Now for Creditors

January is typically when creditors reassess risk, performance, and partners. In 2026, that reassessment carries more weight than usual. Consumer financial pressure remains elevated, regulatory expectations are firm, and borrower behavior continues to evolve. Together, these forces are reshaping how…

Venezuela’s billions in distressed debt: Who is in line to collect?

The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis — one of the world’s largest unresolved sovereign defaults — into the limelight. Following years of economic crisis and U.S. sanctions that severed the country from international capital markets, Venezuela defaulted in late…

Claire’s new owner Ames Watson feuds with Asia-based suppliers over millions in unpaid debt

Tween retailer Claire’s is facing legal challenges from some of its Asia-based suppliers over millions in unpaid debts as it tries to emerge from a second bankruptcy under new ownership, according to claims the suppliers filed in Hong Kong.  The clash with…

National Debt Hits $38.40 Trillion, Increased $2.23 Trillion Year over Year, $6.12 Billion Per Day

WASHINGTON, DC –Today, the Joint Economic Committee released its Monthly Debt Update for December, including the national debt’s interest rate and composition as of December 3, 2025. As of December 3, 2025, total gross national debt is $38.40 trillion. Relative to one year…

Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt

The calendar year may have a few weeks left to tick off, but as far as the government’s budget is concerned, we’re in fiscal 2026. And in a matter of weeks, the Treasury has already paid out a 12-figure sum…

Treasury yields move lower as end of the government shutdown nears

U.S. Treasury yields were lower on Wednesday as investors welcomed progress on bringing an end to the government shutdown. The 10-year Treasury yield was down more than 4 basis points to 4.065%. The 2-year note yield also fell more than 2 basis points to…