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April 16, 2024

United States
Is Rising Student Debt Harming the U.S. Economy?

Higher education provides students many socioeconomic benefits and increases the global competitiveness of the United States, but mounting student loan debt has sparked a debate over federal lending …

Protestors hold "cancel student debt" signs outside the U.S. Supreme Court.

October 20, 2023

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

June 27, 2023

United States
What Happens When the U.S. Hits Its Debt Ceiling?

U.S. lawmakers have increasingly used the debt ceiling to re-litigate congressional spending, risking default and sparking debate over whether to abolish the ceiling.

An exterior view of the Capitol dome with storm clouds in the background.

February 2, 2023

China
China’s Massive Belt and Road Initiative

China’s colossal infrastructure investments may usher in a new era of trade and growth for economies in Asia and beyond. But skeptics worry that China is laying a debt trap for borrowing governments…

Aerial view of a railway that cuts through lush Indonesian jungle.

June 15, 2018

Democratic Republic of Congo
The Cobalt Boom

Demand has skyrocketed for cobalt, focusing attention on its complex and controversial supply chain. The mineral is an important component in lithium-ion batteries, which power everything from electric cars to smartphones.

A man digs through some mine waste searching for leftover cobalt.