Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the U.S. debt limit, and urged lawmakers to ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

US President-elect Trump beset by unresolved debt ceiling decision by GOP-led Congress, calling out former Speaker McCarthy’s ...

A limit on borrowing by the U.S. government was reinstated on Thursday, a fresh headache for fixed-income investors ahead of ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

Alexander Hamilton, whose financial acumen financed George Washington’s army, and very likely paved the way to win the ...

U.S. stocks looked set to trade in the green on Thursday, a welcome change after investors’ jitters about elevated interest ...

Speaker Mike Johnson (R-Louisiana) must persuade a handful of Republican lawmakers frustrated at his leadership to support ...

By Loukis Skaliotis Recently the Cyprus Mail was warning that the government budget was pushing the public sector wage bill ...