The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...

Speaking to CNBC's Squawk Box after breakthrough trade talks in Geneva, Treasury Secretary Scott Bessent projected unwavering confidence in the US economy's ability to weather ongoing trade ...

He said China needs to shift to a more consumption-led economy to help ease global imbalances.  Read more at straitstimes.com ...

Plus: Russia prepares to retaliate after Ukraine attacks{beacon}REPUBLICAN LEADERS are working to quash a revolt over debt in ...

Trump said he agreed with a longtime rival, Sen. Elizabeth Warren, on the need to abolish the federal cap on borrowing.

New economic analyses, several conducted by the federal government using official data sources, point to slowing economic ...

President Donald Trump and Sen. Elizabeth Warren of Massachusetts have been slinging insults at each other for nearly a decade and generally find themselves on the opposite side of every political ...

Elon Musk’s harsh criticism of the White House’s signature policy bill is laying bare the tensions between the world’s richest man and the administration where he worked over the last four months.

For months, President Donald Trump has suggested his personal relationship with China’s Xi Jinping will be what unlocks the ...

In its court filings, the Treasury stated that the Ministry of Defence had expressed interest in the acquisition of the suit ...

Elon Musk’s 36-word social media missile directed at the cornerstone of President Donald Trump’s legislative agenda marked the latest, if most visceral, example of a growing problem for the White ...

President Donald Trump’s big bill is likely to unleash trillions in tax cuts and slash spending, but also spike deficits by ...