President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the ...
A new debt ceiling was established this week, setting up a debate for the months ahead about averting a government default. The parameters of that coming standoff are already making Donald Trump ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding that GOP ...
US President-elect Donald Trump said on Sunday that the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy and President Joe Biden will “go down as one of the dumbest politi ...
This has sparked fears among investors and has sent shockwaves across the global network. AP On January 2, a new limit will be set matching the amount of debt issued by the Treasury Department. The ...
Bitcoin's price doesn't appear likely to recover soon, according to its history in relation to debt ceiling episodes, according to a media report. Increasing the debt ceiling has historically led ...