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Total U.S. gross federal debt has eclipsed $40 trillion, escalating long-term inflationary pressures and drawing increased focus to corporate cash flows across the tech and payments sectors.
Ahead of the Federal Reserve's mid-September policy meeting, the Trump administration has launched a broad public effort to prevent a potential interest rate hike, pointing to supply-side capital investments including artificial intelligence buildouts.
Economists expect the upcoming Department of Labor report to show modest payroll additions of 53,000 in August, leaving the national unemployment rate unchanged at 4.1% amid a persistent summer hiring slowdown.
