US household debt rises to $14.56 trillion, highest level since the Great Recession
In February 2021, US household debt rose to $14.56 trillion, the highest level since the Great Recession. The increase was driven by a combination of...
Federal Reserve to keep interest rates near zero, signaling concern over mounting US debt
In March 2021, The New York Times reported that the Federal Reserve has decided to keep interest rates near zero, signaling concerns over mounting US...
US budget deficit hits $660 billion in March, raising debt concerns
In April 2021, the US budget deficit hit $660 billion for the month of March alone, raising concerns about the country's growing national debt. The...
Biden Administration pushes for $1.9 trillion COVID relief package, increasing national debt concerns
In February 2021, the Biden Administration proposed a $1.9 trillion COVID relief package aimed at providing much-needed aid to struggling Americans and businesses. While the...
US national debt surpasses $28 trillion for the first time ever
The United States' national debt has been a cause for concern for decades, with experts warning that the country's high levels of debt are unsustainable....
Debt market players embrace blockchain for transparency and efficiency.
[tta_listen_btn] The world of finance is often viewed as a complex and opaque realm, shrouded in mystery and riddled with risk. But recently, a technological...
How Blockchain is Changing the Way We Think About Debt Management.
[tta_listen_btn] Blockchain technology has disrupted various industries, including the financial sector, by introducing a decentralized system that eliminates intermediaries and improves transparency. One of the...
Blockchain technology set to revolutionize the debt market.
[tta_listen_btn] The debt market is a critical component of the global economy, providing a means for individuals, businesses, and governments to access financing. However, the...