The problem isn’t only the trillions owed. It’s that no modern country has become this indebted absent a crisis.

Adding to the pressure, there's declining demand for Japanese government bonds domestically. This forces Japan to raise interest rates, which in turn makes holding U.S. Treasurys even less attractive.

TOKYO (Reuters) -Nomura Holdings, Japan's largest investment bank and brokerage, is committed to growing its business in the ...

The Trump administration has won the right to keep its sweeping global tariffs in place after “activist judges” tried to ...

The pace of US hiring probably slowed in May, with employers focusing on containing costs as households become a bit more ...

To ensure equitable economic growth tomorrow, we need to take into consideration the contexts in which AI operates today. One ...

He got on Trump’s radar by authoring a series of papers that matched the mindset of the ascendant, pro-tariff contingent in ...

MUFG Bank Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank Ltd. are considering jointly operating automated teller ...

Bank of America cards are currently not available on CNBC Select and links have been redirected to our credit card marketplace where you can review offers from other issuers like American ...

Commissions do not affect our editors' opinions or evaluations. The Bank of America® Customized Cash Rewards credit card fits nicely in the wallet of Bank of America® or Merrill® customers who ...

Commissions do not affect our editors' opinions or evaluations. The Bank of America® Customized Cash Rewards Secured Credit Card* earns cash-back rewards, doesn’t charge an annual fee and ...

Bank of America Corporation announced today that it will redeem on June 12, 2025 all CHF 375,000,000 principal amount outstanding of its 0.2525% Senior Notes, due June 12, 2026 (ISIN: CH0474977722 ...