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The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...
The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.
Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...
The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, ...
The dollar’s status as a global reserve currency is under threat because of reckless spending.
The United States is ripping up longstanding trade arrangements, developing more hostile relationships with allies, and ...
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, ...
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