Washington: Treasury Secretary Scott Bessent has told US lawmakers that his department's ability to use special accounting ...

For the first time in over a century, world’s largest & most liquid bond market doesn’t have an Aaa rating. Over the past ...

That day, the federal debt was $33,990,127,522,066.83.

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

There is no official deadline for congressional Republicans to pass their budget reconciliation bill to put in place ...

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

WASHINGTON (AP) — 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 Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government's debt limit by mid-July to ...

There is a "reasonable probability" the United States will hit its borrowing limit in August when Congress is in recess, ...

The Dow Jones Industrial Average finished up 0.3 per cent at 42,792.07. Read more at straitstimes.com. Read more at ...