U.S. Economy

The U.S. is barreling toward a government shutdown. And you might be thinking, didn't we just deal with a spending crisis a few months back?

What’s the difference between a government shutdown and debt default?

Geologists believe they have uncovered the world's largest lithium deposit, worth about $1.5 trillion, within the United States.

World’s largest lithium deposit, worth about $1.5 trillion, discovered in US

United Auto Workers Union and Detroit's three major automakers must reach a labor agreement before a potential strike of an estimated 140,000 employees.

UAW strike looms as deadline for deal with GM, Ford, Stellantis approaches

The U.S. government deficit is expected to double to $2 trillion for fiscal year 2023. It's an increase driven by interest rates and spending.

US deficit is projected to roughly double this year, watchdog says

Sanctions against Russia have spurred renewed desires by some nations to move away from the U.S. dollar. Is dollar dominance at risk?

Russia sanctions ‘weaponized’ US dollar and now countries want to move away

Could king dollar lose its reign as the world's reserve currency? We look at the rise and fall of global reserve currencies before it.

The dollar is king but for how much longer? How reserve currencies fell.

After repeatedly churning out disappointing economic data, banks are slashing China's growth outlook for 2023.

Banks bear down on China’s growth but this bull is bucking the doom and gloom

Hype is growing the Fed will achieve the rare soft landing, where it drives down inflation without triggering a recession. But is it too good to be true?

Beware consensus over Fed nailing soft landing, former Fed adviser says

A Gallup poll found just 18% of Americans are satisfied with the state of nation. That's about half of the historical average.

Poll: 18% of Americans satisfied with state of nation, gov’t named top problem

Fitch Ratings turned negative on the U.S.'s AAA credit rating as it gets closer to debt default. Here's how a credit downgrade played out in 2011.

US risks credit downgrade ahead of debt default. Here’s what happened last time.

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