A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in order to pass President Trump’s domestic agenda. The 70-page ...

Credit card debt is common, and sometimes we end up over our heads before we even realize it. If you're stuck in a no-win situation with credit card debt you can't afford to pay off, a personal ...

TORONTO — An Ontario judge has rejected a Hudson’s Bay restructuring agreement, increasing the likelihood that lenders may seek to push the company into receivership.

The lowest average credit card debt by age was Generation Z with $3,148. Since young adults have lower incomes on average, they also have a lower average credit limit, which at least helps with ...

The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many of the deadlines could bring additional costs if Congress acts irresponsibly, or ...

Senate fiscal hawks are making a steep set of demands in negotiations over the debt ceiling, driving an even harder bargain than the House rabble-rousers who won $2 trillion in cuts. Sen.

The forecast puts added pressure on Congress and the Trump administration to address the borrowing cap, which restricts the total amount of money the United States is authorized to borrow to fund ...

March 27 (UPI) --If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.

Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Developed economies around the world are loaded up with debt. That was less of a problem in the era of free ...

The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August.

The nonpartisan Congressional Budget Office (CBO) on Wednesday released a projection that the U.S. government will need to raise the debt limit before this fall to avoid a potential default on ...