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America’s $40T debt milestone raises new fears over mortgages, interest rates and federal spending
US national debt crosses $40 trillion as soaring interest costs, Treasury yields and persistent deficits raise risks for taxpayers and borrowers.
US national debt crosses $40tn as interest costs and Treasury yields intensify fiscal pressure
United States federal debt has surpassed $40 trillion for the first time, doubling in less than a decade as rising interest costs, persistent deficits and surging long-term Treasury yields increase pressure on Washington’s finances.
Evergrande founder Hui Ka Yan gets life sentence as China closes chapter on $300bn property collapse
Evergrande founder Hui Ka Yan gets life in prison after the $300 billion property collapse that helped trigger China’s historic real-estate crisis.
China jails Evergrande founder Hui Ka Yan for life over financial crimes behind property empire
China Evergrande Group founder Hui Ka Yan has been sentenced to life in prison after pleading guilty to eight financial crimes, while creditors still face a slow recovery from the developer’s more than $300 billion collapse.
UAE suspends all Iran trade and financial transactions after new ballistic missile threat
UAE halts all trade and financial transactions with Iran after a missile scare, threatening one of Tehran’s most important economic lifelines.
Aisha Wahab holds razor-thin California lead after millions in AIPAC spending reshape Swalwell race
Aisha Wahab leads Melissa Hernandez by just 1,356 votes after millions in outside spending transformed California’s Swalwell special election.
Penn State cocaine trafficking case exposes alleged fraternity drug network as 14 face charges
Fourteen face charges in an alleged Penn State cocaine network involving fraternity houses, interstate suppliers and pledges packaging drugs.
Angie Nixon stuns Alex Vindman in Florida Senate primary as Byron Donalds wins governor nomination
Florida’s 2026 primaries deliver a shock Angie Nixon victory and a Byron Donalds governor win, setting up high-stakes November races.
Attacks on aid workers hit record high as 907 are killed, injured or kidnapped worldwide
A record 907 humanitarian workers were killed, injured or kidnapped in 2025, with Gaza and Sudan the deadliest locations as the United Nations warns that armed drones are creating a new threat to aid operations.
Kolkata hotel fire kills nine on Free School Street as second deadly West Bengal blaze in three days
At least nine people have died and six were injured after a fire swept through a hotel near Kolkata’s New Market, just two days after another deadly hotel blaze in Tarapith raised fresh questions over fire safety across West Bengal.