T-bill supply will turn negative soon without a U.S. debt-limit deal: BofA
Incoming President Donald Trump’s second administration kicks off as the U.S. debt-ceiling debate enters another critical juncture.
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
US Treasury to launch measures to avoid debt limit breach on Tuesday
U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...
Who could buy TikTok? Only a few parties are serious about offering
Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a sale ...
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury ...
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Supreme Court upholds law banning TikTok if it's not sold by its Chinese parent company
The Supreme Court has upheld the federal law banning TikTok beginning Sunday unless it’s sold by its China-based parent ...
U.S. Starts Maneuvers to Avoid Breaching Debt Limit, Putting Pressure on Congress
A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.
Biden's historically diverse cabinet leaves lasting legacy
As President Biden's term ends, his administration's focus on diversity is highlighted by historic appointments, including ...
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...