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  • WORLD
    August 20, 2026
    US national debt passes $40tn after doubling in a decade
    By:

    US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show. The rise reflects years of heavy spending under both the Trump and Biden administrations, along with higher interest payments that have steadily added to the total. In 2016, the national debt stood at just under $20tn. […]

  • WORLD
    April 24, 2026
    US justice department drops probe into Fed chairman Jerome Powell
    By:

    The US justice department is dropping its investigation into the Federal Reserve chairman, Jerome Powell, over alleged building cost overruns. US Attorney Jeanine Pirro said instead there would be an internal investigation led by the central bank’s inspector general. President Donald Trump has said the cost of the Fed’s building renovations were too high, as […]

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