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Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury | Fortune 0
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- August 29, 2026
Among the many potential downsides for letting the national debt get too high was that the federal government would suck up so much capital that businesses wouldn’t be left with enough. Today, U.S. debt is at $40 trillion, the federal budget deficit is on track to reach $2 trillion this fiscal year, and debt servicing
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I loved attending an HBCU, but now I’m still struggling with student loan debt 20 years later. I don’t want the same for my kids.0
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- August 29, 2026
Since I was 11, I dreamed of attending a historically Black college or university. That dream started at Morgan State University in Baltimore, where I spent two weeks each summer in a program focused on leadership and academics. For a preteen growing up in Baltimore City, Morgan felt like another world. I had seen drug
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Neocloud Lambda secures $1B in debt to buy more chips | TechCrunch 0
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- August 28, 2026
Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1 billion in private, short-dated debt to buy Nvidia’s AI chips that it will lease to Microsoft, Bloomberg reports. The terms of the deal, which Bloomberg says was arranged by JP Morgan Chase, signal that Lambda is betting
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The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year | Fortune 0
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- August 27, 2026
The United States is entering the most expensive phase of retirement. Some of America’s oldest are eligible for more than $100,000 a year in combined Social Security benefits, while remaining as one of the wealthiest generations in the country. The national debt is rising—just passing $40 trillion this month—and Social Security is set to enter
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Why Dubai has become a city of retail traders | Fortune 0
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- August 26, 2026
Welcome to this week’s Fortune Gulf Brief. Regular readers might notice a different author byline today, that’s because Melissa is taking a well-earned break although, knowing journalists, probably with one eye on her phone and what’s happening in the Gulf. Ordinary service resumes next week. Until then, I’m Inzamam Rashid, international journalist and broadcaster based
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National debt interest expense has exploded 14% in just 9 months | Fortune 0
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- August 24, 2026
If you thought last year’s national debt numbers were chilling, you haven’t seen anything yet. In the second week of August, the CBO released its Monthly Budget Review giving year-to-date totals, calculated through July, for federal FY 2026, ending September 30. For the first 10 months of fiscal 2026, Washington’s carrying costs grew an astounding
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