Central Bank of Kenya (CBK) Governor Kamau Thugge has warned that Kenya faces difficulties honouring its ever-growing public ...
Motley Fool Money reports U.S. credit card debt has hit $1.2T, with increasing balances and delinquencies amidst rising ...
The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...
President Donald Trump's hallmark legislation includes a staggering $5 trillion hike to the debt ceiling — a move that gives Republicans added leverage in bipartisan negotiations. With control of both ...
Now that Congress has lifted the US debt ceiling, the Treasury is preparing to replenish its cash buffer, though it likely won’t need to raise as much as it did in 2023. Wrightson ICAP expects the ...
LOUISVILLE, Ky. (WAVE) - President Donald Trump’s “Big Beautiful Bill” includes tax reforms and healthcare provisions. The language in the bill and its potential fallout have left lawmakers divided, ...
WASHINGTON — For years, Republicans have warned about the government’s reliance on borrowed money to pay its bills. That stance has often led to standoffs over raising the nation’s borrowing cap, with ...
Sen. Elizabeth Warren, D-Mass., wrote in a New York Times guest essay on Thursday that President Donald Trump was "right about one thing," as she agreed with the president's call to eliminate the ...
The booming money-market-fund industry could soon face a shortage of its favorite assets to buy. The supply of Treasury bills, a kind of short-term debt used to fund the federal government, has been ...
Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020. It is possible that hell has frozen over. President Trump and I agree on something very important: ...
The Congressional Budget Office on Monday extended its estimate of when the debt limit must be raised, stretching its predicted “X-date” range to begin in mid-August and run through the end of ...
In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
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