Wednesday, August 19

Business

The US Treasury Building in Washington, DC
New Business
Wednesday, 8/19, 10:24 PM

US national debt tops $40 trillion for the first time

  • The US government's total debt crossed $40 trillion this week, Treasury figures show, a milestone that arrived months sooner than forecast.
  • On the same day the news landed, the Treasury moved to calm bond markets by doubling its buybacks of long-dated debt.
People watching a World Cup match on a large screen
Business 30 d

Thousands of World Cup Piracy Domains Seized in Two Big Operations

  • Two coordinated crackdowns, one led by the US Justice Department and one across Latin America, seized or blocked thousands of illegal sports-streaming domains during the World Cup.
  • The specialist site TorrentFreak, which tracked both, notes some operators had already prepared fallback domains abroad.

In brief

In brief

People playing Pokemon Go outdoors (file image)
Business 40 d

Pokemon Go at 10: Still Getting People Off the Sofa

  • A decade after it sent millions of people wandering city streets in search of virtual creatures, Pokemon Go is marking its 10th anniversary, with fans gathering in Times Square and beyond.
  • The 2016 craze has faded, but a devoted core, and a lucrative business, have kept the game alive through a change of ownership.

In brief

In brief

In brief

Business news — markets, jobs and the economy

The Business section brings together the latest business and economic news from around the world: the stock markets and your investments, company news and earnings, jobs, housing, interest rates, inflation and the bigger turns in the economy. We keep you up to speed on what hits your wallet and the wider economy.

We explain the economy in plain language, so you understand what is behind the numbers and how decisions by central banks, governments and companies show up in everyday life — in mortgage rates, the price of groceries and the outlook for your line of work.

The economy ties into the bigger picture — follow also world news, technology and politics coverage.