The US budget deficit just hit a record high. Learn how rising interest expenses and a new Truth Social lawsuit impact your wallet.
This update breaks down the latest fiscal data showing federal spending on interest now outpacing defense and healthcare costs. We analyze the financial implications of this growing burden on the national economy and what it means for taxpayers in the coming fiscal year.
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Separately, we review the legal challenges facing Truth Social regarding its platform API. The lawsuit alleges that market-moving information is being sold to subscribers for high fees, raising serious questions about corruption and potential insider trading. We explain the core accusations and what could happen if these claims are proven in court.
Subscribe for weekly economic and political breakdowns, and comment below on which of these two stories you find more concerning for the future of the markets.
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