As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON As the United States stares at the risk of a credit downgrade, former Standard
2023-05-26 12:29
Congress close to deal before breaking for holiday, reports say
Negotiators are said to be nearing a possible deal to cut spending for two years, US media reports.
2023-05-26 10:19
Democrats have warning for White House that their support for debt deal is not guaranteed
Rep. Susan Wild, one of the country's most politically vulnerable Democrats, made her displeasure known over the White House's handling of talks to raise the debt ceiling with House Speaker Kevin McCarthy.
2023-05-26 08:22
Inside the Treasury Department team monitoring early economic warning signs as default threat looms
Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
2023-05-26 06:56
US default fears spark clearing house collateral scrutiny
By John McCrank, Laura Matthews and Michelle Price WASHINGTON Clearing houses and their members are working out how
2023-05-26 06:29
Power transmission deal being mulled in US debt limit talks -sources
By Timothy Gardner and Jarrett Renshaw WASHINGTON A bill to boost power transmission between U.S. regions is being
2023-05-26 05:55
Companies beef up contingency plans ahead of US debt-ceiling deadline
By Laura Matthews NEW YORK Some corporate treasurers are stepping up their contingency plans to address any upcoming
2023-05-26 05:23
US debt default would impact military readiness, morale: top US general
WASHINGTON A debt default would deal significant, unambiguous damage to US national security, negatively impacting military readiness, morale
2023-05-26 01:46
McCarthy says he spoke with Trump about US debt ceiling talks
WASHINGTON Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday he spoke briefly with former President
2023-05-26 01:17
How to protect your investments and finances as debt default worries grow
Treasury Secretary Janet Yellen earlier this week reaffirmed Thursday June 1 as the deadline for the government to act. But with that X-date only one week away, there's still no deal to raise the debt ceiling -- putting Americans' finances in danger.
2023-05-25 23:59
Exclusive-Slimmed-down U.S. debt ceiling deal takes shape -sources
By Nandita Bose and Jarrett Renshaw WASHINGTON U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are
2023-05-25 23:53
McCarthy set to send the House home without a debt limit deal
House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.
2023-05-25 21:17