US debt hits $40 trillion: Why are soaring Treasury yields making it worse?

US debt hits $40 trillion as Treasury yields rise and interest costs grow. (Representational photo) (Pexel)

US debt has reached $40 trillion, while Treasury yields are rising sharply, adding to concerns about the country’s debt outlook. Higher yields mean the US government has to pay more interest when it borrows money, putting additional pressure on the federal budget. US debt hits $40 trillion as Treasury yields rise and interest costs grow. … Read more

An Ohio park covered just 43 acres; a land transfer involving the city and a homebuilder is adding 333 conservation acres, making the park nearly nine times its former size

An Ohio park covered just 43 acres; a land transfer involving the city and a homebuilder is adding 333 conservation acres, making the park nearly nine times its former size

Homestead Metro Park in Hilliard, Ohio, is set for a dramatic expansion, with 333 acres of conservation land being added to the 43-acre park, according to the City of Hilliard and Columbus & Franklin County Metro Parks. Columbus Business First also reported on the land transfer, which involves the city and homebuilder M/I Homes. Once … Read more

US making ‘major progress’ towards Army base in Poland, says Donald Trump

US making ‘major progress’ towards Army base in Poland, says Donald Trump

Poland has sought a bigger allied military presence on NATO’s eastern flank since Russia’s 2022 invasion of Ukraine. US President Donald Trump on Thursday said the United States was making progress towards establishing a permanent Army base in Poland, signalling a potentially significant expansion of the American military presence on NATO’s eastern flank.Trump attributed the … Read more

Perez Hilton bought this sprawling Las Vegas mansion after making the city part of his celebrity career; now, after moving to Miami, he has slashed the price by $350,000 — here’s a look inside the 6,600-sq-ft home

Perez Hilton bought this sprawling Las Vegas mansion after making the city part of his celebrity career; now, after moving to Miami, he has slashed the price by $350,000 — here’s a look inside the 6,600-sq-ft home

Hilton with his kids and mother at his Vegas home in 2023 (Photo: Las Vegas Review-Journal) Perez Hilton has reduced the asking price of his Las Vegas mansion by $350,000 after moving to Miami with his three children. The six-bedroom property, which covers 6,600 square feet, was listed for $4.25 million in June. It is … Read more

Trump making White House ballroom ‘fait accompli,’ historic preservation group tells Supreme Court

President Trump’s fast-tracked construction of a massive White House ballroom faces legal challenges from the National Trust for Historic Preservation, (AP Photo/Mark Schiefelbein)

President Donald Trump is trying to make his White House ballroom a “fait accompli” by building it so quickly the judiciary won’t be able to stop him, a historic preservation group told the US Supreme Court. President Trump’s fast-tracked construction of a massive White House ballroom faces legal challenges from the National Trust for Historic … Read more

Trump claims ‘young, beautiful girls’ thank him for making Washington safer

Trump claims ‘young, beautiful girls’ thank him for making Washington safer

US President Donald Trump highlighted his record on crime and safety during a visit to New York on Friday. US President Donald Trump on Friday claimed that “young, beautiful girls in the White House” have thanked him for making Washington, DC, safer, as he highlighted his administration’s record on crime during a political event in … Read more