“Extraordinary measures” will be needed to keep the US from defaulting on its obligations if the nation’s debt ceiling isn’t raised or suspended by mid-January, Treasury Secretary Janet Yellen warned ...
The Treasury Department may need to take “extraordinary measures” by as early as Jan. 14 to prevent the US from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers ...
President Biden signed the stopgap funding bill that will keep the government open until March, punting the thornier issues surrounding the nation’s finances to the incoming administration of President-elect Donald ...
President Biden is making a last-ditch effort to cancel more student debt before the end of his term, after facing years of setbacks in his attempts to erase billions of ...
The US fiscal health is at higher risk after the election of Republican Donald Trump as the next president and given the likely composition of Congress, said rating agency Moody’s. US budget deficits ...
The Harris-Biden administration unveiled its latest attempt at canceling student loan debt Friday, introducing new rules that would wipe the slate clean for millions of borrowers facing âpersistent financial burdens.â ...
The World Bank published a study on Sunday that found 26 of the world’s poorest nations — including Afghanistan, Yemen, Ethiopia, and North Korea — are “in deeper debt than ...
A federal judge on Thursday extended a temporary restraining order barring the Harris-Biden administration from canceling billions of dollars in student loans. US District Judge Randal Hall ruled that âgood ...
Beijing’s three-day Forum on China-Africa Cooperation (FOCAC) concluded on Friday with more pledges of funding for Africa, even though China’s sputtering economy may be hard-pressed to meet those commitments. The ...
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