Exceeding it could do irrevocable damage to the U.S. credit rating, interest rates and the dollar.

Expectations for the future path of the Federal Reserve's balance sheet drawdown process have been scrambled in the wake of ...

Yields on Treasury bills set to mature in July and August have been climbing, reflecting growing concerns the U.S.

If all of the policies assumed in the budget plan the House Budget Committee (HBC) approved on February 14 were enacted, the ...

Mike Johnson struggles to get Republicans behind Trump’s budget - Analysis: ‘One big, beautiful bill’ could pass thanks to ...

Are they auditioning in Washington for a Saturday Night Live skit?

Federal Reserve officials deliberated whether to slow down or pause the runoff of their nearly $6.8 trillion asset portfolio at their meeting last month as they face complications in the months ahead ...

But the Trump administration’s power grab also threatens to exacerbate another impending crisis: the fight over raising America’s debt limit. In fact, the interaction between these two crises ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and ...

The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are different than when Congress fails to fund the government. The recently ...

Yields are rising on Treasury bills that mature in late July and August, when the debt-ceiling fight is expected to come to a head Stress around the latest U.S. debt-ceiling fight has begun to ...

The Treasury Department is already employing "extraordinary measures" to continue most normal debt issuance under the limit, but there is a wide range of estimates - stretching into mid-summer ...