How high can US debt go before it triggers a financial crisis?

The turmoil caused by Trump’s “Liberation Day” tariffs and heightened uncertainty about future government policy are expected to weaken US economic growth and raise inflation. This, coupled with the recent credit downgrade of US government debt by ratings agency Moody’s, is likely to put upward pressure on US interest rates, further increasing the servicing cost of US…

Malik Beasley Sued by Barber, Dentist and Agency Amid Gam…

Amid reports that Malik Beasley is under investigation for allegedly gambling on NBA games, newly surfaced court records paint a picture of a turbulent personal and financial life—marked by mounting debts to a barber, dentist, landlord, lender, and marketing firm. According to documents obtained by The Detroit News on Tuesday, Beasley’s financial troubles have led…

Coalition Aims to Help NOCs Integrate Methane Reduction in Debt Financing

A coalition of financial, technical and environmental partners has launched a framework that aims to help investors, lenders, and oil and gas companies integrate methane and flaring performance into debt financing. The Methane Finance Working Group, an initiative launched at COP28 in 2023, released guidance to “deliver and deploy market-tested finance mechanisms that facilitate decarbonization…