French finance ministry expects record debt in 2026, reaching nearly 120% of GDP

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People walk with umbrellas outside of the U.S. Capitol on July 9, 2026. Finn Gomez | Getty Images As Social Security faces a funding shortfall, some lawmakers have renewed calls to raise taxes on high earners to help shore up the program. Proponents of the strategy, who until recently have all been Democrats, now include several Republicans….

The Federal Reserve is seeking comment on a proposal that it said would modernize rules for mutual banking organizations and increase their flexibility to raise capital. The proposal would update rules that have not been changed since they were established in 1993 and have proven to be “overly burdensome and complex,” the Federal Reserve said in…

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The Nasdaq-100 is an index of the 100 largest companies listed on the Nasdaq stock exchange, excluding banks and financial institutions. Almost 70% of the value of its entire portfolio is parked in technology stocks, which is why it typically outperforms the more diversified S&P 500 over the long term. However, the Nasdaq-100 is also…