US President Donald Trump said on Friday (May 9) an 80 per cent tariff on Chinese goods "seems right", suggesting for the ...

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

Three times in the last week, President Trump expressed ignorance when responding to questions about his signature policies.

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

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

Aler Baldomero Samayoa-Recinos, whose alias is "Chicharra" (Cicada), is accused of leading a group called Los Huistas, which ...

The glamorous banker admitted she had been illicitly working in her $13,000-a-month job for her Miami Beach-based firm.

McKernan previously served on the FDIC and held senior roles at the Federal Housing Finance Agency, the Senate, and the ...

The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.

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