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 ...
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 ...
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...
Mass. residents are the biggest lottery players in the US. But the wealth isn’t shared equitably.
Low-income communities get back far less in state aid than their residents spend on the lottery, contrary to the original ...
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 ...
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
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$1,000 in counterfeit money used at Central Pennsylvania business
A Pennsylvania business was scammed out of $1,000 after an individual used $1 made to appear as $100 to buy gift cards.
TikTok faces ban in US by Sunday after Supreme Court rejects appeal
President Biden will not enforce a US ban on TikTok - which is set to go into effect on Sunday, one day before he leaves office - according to reports citing the White House. The Supreme Court is ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
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Senate advances a migrant detention bill that could be first law Trump signs
The Senate is heading toward a final vote on legislation that would require federal authorities to detain migrants accused of theft and violent crimes.
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
Morgan Stanley: Buy Treasurys, sell the U.S. dollar
A team of macro strategists at Morgan Stanley has become the latest on Wall Street to turn skeptical of the U.S. dollar's chances for continued appreciation in 2025. In commentary authored by Morgan ...