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INSANE: Michael peterson | Rare Historical Photos

How Boomers voted the next generation a $40 trillion debt — and counting

Over a 25-year reign spanning the presidency, Congress and the C-suite, the baby boom generation built the largest debt in U.S. history—and left the bill.

Fortune

U.S. national debt increased by $5.1 million a minute for the past year, says Congress's economic committee—amounting to $117,279 for every American

The rate of debt growth averages around $7.35 billion a day, a JEC report adds, or $306.4 million per hour—$5.11 million per minute.

Fortune

As U.S. debt hits $40 trillion, Americans will foot the bill: Report finds $700 a month is at stake for retirees, and poses $53,000 hit to families

"Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all Americans."

Fortune

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National debt crosses $40 trillion and think tank warns: 'The level of fiscal mismanagement is tragic'

"To anyone who cares about America, about democracy and our future, in my view, this is already a crisis," Michael Peterson told Fortune.

Fortune

TV tonight: a joyous night of live music with Paul Heaton

A hugely fun performance of all the Beautiful South and Housemartins hits. Plus: how deep were Elvis Presley’s connections to organised crime? Here’s what to watch this evening

The Guardian - UK

Bombs, heists and big cats: TV’s 25 best true-crime shows ever

From mind-boggling murder investigations to decade-long scams, there’s no shortage of documentaries about real-life awfulness. We list the most incredible

The Guardian - UK

'We are rapidly running out of time' Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

Trustees now project the retirement fund will be depleted in 2032 and the combined system in 2034, putting pressure on the 2026 Senate class to act.

Fortune

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'Any semblance of fiscal responsibility' was abandoned two decades ago, says budget watchdog, and challenges Congress to cut deficit levels by half

A 3% benchmark would require approximately $10 trillion in deficit reduction over the next decade, if the target is reached by 2036.

Fortune

Department of Defense teacher was found dead at the bottom of the stairs. Two decades later, her friend’s wife met an eerily similar end

It was 17 years to be exact.

We Got This Covered

The next generation of senators has a ticking time bomb in their lap: Social Security’s insolvency, without a plan for national debt

“My hope would be that, come January, the campaign is over and [they] lay down some of the weapons and pick up some of the calculators and pencils, and try and come up with a solution.”

Fortune

‘We owe it to the next generation’ to get national debt under control, says think tank boss, as U.S. borrowing hits $1.2 trillion in just six months

“We can fight over who got the worst end of the shortest stick, but we clearly are doing a disservice to anybody participating in the economy in the future,” Michael Peterson, CEO of the Peterson Foundation, tells Fortune.

Fortune

The national debt just crossed $39 trillion—almost doubling since Trump vowed to erase it

Budget experts agree on one thing. The debt is on an "unsustainable" trajectory.

Fortune

'Fading away': inside the ride to save Aussie surf film

Searching garages and cupboards across the country and the Tasman, Jolyon Hoff has restored hours of rusting film reels in a bid to preserve surfing history.

AAP

The $38 Trillion U.S. Debt Mountain – Every American Owes $110,649 Now

American debt hit a record high of $38 trillion earlier this week. Here's a look at how quickly the debt is growing and how much every American would owe today.

Benzinga

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The Independent UK

US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high

The Independent UK

The national debt has reached a record $37 trillion, the Treasury Department reports

Donald Trump’s ‘Big, Beautiful Bill’ set to ramp up government borrowing even further

Benzinga

US National Debt Hits Historic $37 Trillion, Surpassing Pre-Pandemic Projections—'Piling Up At A Rapid Rate,' Warn Economists

The U.S. national debt has reached an all-time high of $37 trillion, as reported by the Treasury Department. This staggering figure highlights the growing debt burden on the American economy and its taxpayers.

The Independent UK

US national debt reaches a record $37 trillion, the Treasury Department reports

The U.S. government’s gross national debt has surpassed $37 trillion, setting a new record

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Space

New world record! Weather satellites detect 515-mile-long lightning flash

Meet the astonishing phenomenon of megaflash lightning.

Euronews

Europe wants seamless international train travel. Deutsche Bahn says it’s getting there

The EU is expected to propose legislation this year to make passenger rights to rebooking and reimbursement mandatory.

3 Netflix shows to watch after Monsters: The Lyle and Erik Menendez Story

Finished the gripping true crime drama about the Menendez brothers? Here are three other great shows to check out.

WhatToWatch

The 10 best true crime shows to stream right now

We’re taking a t look at the 10 best true crime shows available to stream, both documentaries and episodic dramas.

WhatToWatch

The Staircase director's new French crime series is coming to the BBC

The BBC has acquired French crime thriller Sambre - Anatomy of a Crime.

WhatToWatch

The 20 best true crime documentaries on Netflix to stream

Here are the 20 best true crime documentaries on Netflix to stream. From theft to fraud to murder, these stories will leave you baffled yet intrigued.

Bored Panda

80% Of Lightning Occurs Over The Land, But The Most Extreme Lightning Happens Over The Ocean

A new class of extreme compact storms that were previously under-appreciated showed that densest lightning occur over the ocean, not land. The post 80% Of Lightning Occurs Over The Land, But The Most Extreme Lightning Happens Over The Ocean first appeared on Bored Panda.

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