The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...

We should make sure that the United States is not a deadbeat nation, as the president says, do a clean increase in the debt ceiling, and then have those conversations about future spending ...

A new projection of Washington's looming "X date" — when the US government will be unable to pay its bills because of the ...

Bitcoin rallies toward new highs today, would the success of Trump’s Big Beautiful Bill send BTC price higher?

A day after criticising US President Donald Trump over a multitrillion-dollar tax and spending bill, Tesla boss Elon Musk ...

In the face of higher tariffs on virtually everything the United ... defaulting on debt, which has never happened, are grave and would likely cause global economic upheaval. That’s why Bessent argued ...

While the debt downgrades are a significant event, they do not necessarily signal protracted economic downturns.

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.

The United States has never defaulted on its debts. That’s part of why U.S. Treasury bonds are viewed as a safe investment and used by some banks as a backstop to counteract risky investments.

In the president’s eagerness to score a win and extend tax cuts, he walked away from a key campaign promise on Medicaid. The ...