Concern over a possible default is expected to intensify in the coming weeks as Congress debates raising the U.S. debt ceiling. The debt limit debate probably sounds like a complicated economic issue.

This study aims to explore the impacts of U.S. debt ceiling uncertainty on crude oil markets and further reveal the specific ...

In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and foreign investors choose to hold as wealth. In other words, one country’s “debt” ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility. By Alan Rappeport Reporting from Washington For years, Republicans have warned ...

Traders say Bitcoin will benefit from the proposed $5 trillion increase to the US debt ceiling, but data could suggest otherwise. Historical data fail to show a consistent link between Bitcoin price ...

Disorder has plagued the House of Representatives in recent weeks. Its 14 consecutive failed votes to elect a speaker and freshman representative George Santos’ loose relationship with the truth have ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash management measures to keep from breaching the federal debt ...

WASHINGTON — With the clock ticking once again on the need to raise the nation’s debt limit, an unusual political alliance has formed to try to end these economically damaging showdowns for good.

President Donald Trump's hallmark legislation includes a staggering $5 trillion hike to the debt ceiling — a move that gives Republicans added leverage in bipartisan negotiations. With control of both ...

China has once again reduced its holdings of US government debt, marking the third month in a row of steady cuts. This move comes as trade tensions with Washington continue to rise and fresh concerns ...