While investors worry about the markets, the Federal Reserve Bank of Philadelphia is raising the alarm about another economic ...

WASHINGTON — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Treasury Secretary Scott Bessent called on Congress to increase or suspend the debt ceiling in a letter to members of ...

The announcement raises the stakes for Republicans, who are tying a $5 trillion debt limit increase to a legislative package.

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, ...

The United States' apparent retreat into protectionism gives the euro zone the opportunity to push through reforms that could ...