US debt crosses $40 trillion threshold after doubling under Trump and Biden

Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is
Dollar rallies as US shutdown drags on, weighing on confidence

The dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.3% to as much as 98.91 The U.S. dollar rose

