Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:27
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:28
Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-01 10:20
Lawmakers race to secure US debt deal votes as deadline looms
A deal to raise the debt ceiling must now pass in the narrowly-divided House of Representatives.
2023-05-30 02:58
Here's what's in the debt ceiling deal
After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to raise the debt ceiling and cap spending.
2023-05-28 19:15
Why it's so hard to pinpoint the X-date, when the US defaults
For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.
2023-05-27 20:25
US debt ceiling: Congress heads home for holiday without a deal
"We're gonna work 24/7", says House Speaker Kevin McCarthy as time runs low to raise the debt ceiling.
2023-05-26 01:50
Are investors finally nervous about the US debt ceiling?
US financial markets falter as debt ceiling talks continue. So is Wall Street getting nervous?
2023-05-25 03:50
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:45
The debt ceiling is an awkward place to talk about spending
The debt ceiling snafu, which has the potential to wreck the US economy, is a civics lesson in the bizarrely inefficient way the American government spends your money.
2023-05-24 05:26
Indian banks start exchanging withdrawn 2,000-rupee notes
The 2,000-rupee notes have been withdrawn, sparking concerns and confusion.
2023-05-23 14:50
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:25