Business

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U.S. Debt Surpasses GDP: Should We Be Concerned?

May 5, 2026 — The United States’ publicly held national debt has just exceeded the nation’s annual economic output for the first time since World War II, marking a notable shift in the country’s fiscal picture. Debt...

Spirit Airlines Collapse and Surging Gas Prices

Spirit Airlines abruptly stopped flying after failing to overcome soaring fuel costs, stiff competition and heavy debt. The budget carrier, known for its yellow planes, exhausted cash after two bankruptcy filings within...