Riley Beggin

The U.S. national debt is likely to surpass $40 trillion this week, months earlier than forecasters previously expected, in part because of billions of dollars in lost revenue from President Donald Trump's invalidated tariffs.

The lost revenue has forced the U.S. Treasury Department to borrow more rapidly to cover the nation's bills.

The decision came just after bond yields reached their highest level since 2007.

Unable to force Tehran’s surrender, President Donald Trump appears to be taking his frustration out on Oman and other U.S. partners in greater measure.

Treasury Secretary Scott Bessent is expected to unveil sweeping economic sanctions against Iran on Monday after warning Sunday that “an economic D-Day ” would begin at dawn.

Claiming the U.S. is entering an “endgame” in its war with Iran, the treasury secretary is set to release details of what he called the “single greatest financial offensive” against an adversary.

Treasury Secretary Scott Bessent on Monday unveiled a sweeping campaign of financial sanctions and diplomatic pressure designed to sever Iran's remaining links to the global economy.

Treasury Secretary Scott Bessent on Monday unveiled a sweeping campaign of financial sanctions and diplomatic pressure designed to sever Iran's

Canada struck back at the United States on Tuesday, announcing new tariffs of up to 50 percent on hundreds of American goods and deepening a trade

Canada will impose retaliatory tariffs of up to 50% on hundreds of US goods.