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America's 'Debt Spiral' Is Nearing a Critical Threshold

(Bloomberg) When the US borrows money, it needs to pay its loans back with interest—just like any other borrower. But America’s national debt is currently $34 trillion and rising. Soon, the US will need to spend more each year paying interest than what it spends on national defense.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets Wr ....

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America's 'Debt Spiral' Is Nearing a Critical Threshold

America's 'Debt Spiral' Is Nearing a Critical Threshold
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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The World Faces a $270 Billion Traffic Jam in Panama

The World Faces a $270 Billion Traffic Jam in Panama
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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'Union Joe' Falls Behind Trump in Michigan Among Autoworkers, Women

'Union Joe' Falls Behind Trump in Michigan Among Autoworkers, Women
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Moo Thru to open Herndon ice cream shop next month

For months, Moo Thru has been selling its handmade, locally-sourced ice cream from a truck in Herndon. The family-owned business is now expecting to open up its planned brick-and-mortar location sometime in January at 317 Spring Street, according to franchise owner Caitlin Kenney. “We will have a soft opening for our friends, family and most ....

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