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A New York Times opinion essay suggests revisiting the ancient Sumerian practice of debt forgiveness as a possible response to the United States' $40 trillion national debt.
U.S. national debt has officially crossed $40 trillion for the first time, with borrowing rising rapidly and interest costs becoming an increasingly large part of federal spending.
Google co-founder Sergey Brin has spent more than $100 million opposing California’s proposed 5% billionaire tax, which could cost him roughly $13.3 billion.
Goldman Sachs says the risk of a major global conflict has reached its highest level since the 1960s as geopolitical fragmentation continues to intensify.
China is set to levy provisional duties of up to 42.7% on European dairy imports, a move widely seen as retaliation for EU restrictions on Chinese electric vehicles.