Despite the imposition of US tariffs, Malaysia's fiscal consolidation initiatives will not be fully derailed and negatively ...

Economist Dr Vaalmikki Arjoon says the new United National Congress (UNC) admi­nistration has inherited a “messy and worrying ...

It’s clear New Zealand is following a global trend towards austerity by focusing on reducing government spending and lowering ...

These are desperate times. As the rancorous Trump administration is turning away from Europe, accusing its “pathetic” nations ...

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...

The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without ...

Treasury Secretary Scott Bessent called on Congress Friday to raise the nation’s debt ceiling by mid-July to keep the federal ...

The Treasury secretary urged Congress to raise the borrowing cap by mid-July.