Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks ...
The cap on how much the government can borrow has become a political football, but the consequences are very real.
The debt ceiling, or debt limit ... It could include a sell-off of U.S. debt; money market funds selling out; suspension of federal benefits; increased interest rates on lending products and ...
This critical action allows the government to continue borrowing to meet its legally binding financial obligations.
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
When the debt limit is reached, the Treasury Department has the means to delay a default for a few months using a process called "extraordinary measures." Basically, they can move money around ...
President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation's debt ceiling, adding that ...
A unified government under President-elect Donald Trump is unlikely to lead to a quick resolution of the U.S. debt-ceiling ...
(CNN) — 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 ...
While money-market funds can own several types of high ... shrink by 30% to about $7 trillion in a scenario where the debt ceiling isn't resolved. "What that does to rates is challenging," she ...
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks unless there’s a sudden resolution. A previous deal by Congress ...