Debt limit negotiators under pressure to reach deal as risk of default grows
There are signs that negotiations over raising the nation's debt limit are gaining momentum, but major differences remain and it's unclear how quickly an agreement could come together. Time is running short as the risk of a first-ever default grows.
2023-05-26 17:15
Congress close to deal before breaking for holiday, reports say
Negotiators are nearing a possible deal, US media report, ahead of a holiday weekend.
2023-05-26 13:20
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 12:17
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 08:24
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 06:47
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 05:49
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 01:52
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 01:20
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
2023-05-26 00:20
White House, Republicans seek to close US debt-ceiling deal as deadline nears
By Moira Warburton and Andy Sullivan WASHINGTON The White House and congressional Republicans on Thursday are expected to
2023-05-25 18:19
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 17:26
Are investors finally nervous about the US debt ceiling?
The US is running out of time to reach a debt ceiling deal. So is Wall Street getting nervous?
2023-05-25 08:16