Also known as the debt limit, this is a law that ... but an intentional default would shock the financial system, where more than $500bn in US debt gets traded every day. Moody's Analytics ...

A key hurdle for the new administration will likely be the reinstatement of the federal debt ceiling on Jan. 2 ... head of ...

US Treasury Secretary Janet Yellen urged Congress to suspend or raise the debt limit to avoid default on ... negative fiscal shock. Cliffhanger (15%) – the risk here is that enough Republicans ...

A default on United States government debt owing ... But a large enough shock, such as defaults from the debt ceiling impasse in 2023, could cause this self-reinforcing process to run violently ...

Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...

Perhaps it is because they need us to need them. In truth ... 91% (41/45) In place of a gold standard, we now have a debt ceiling, which is another name for “credit limit.” ...

Hougan also emphasizes that the US government deficit has reached unsustainable levels, a situation made possible by the bipartisan agreement to raise the debt ceiling. In just two weeks ...

The S&P 500 leapt 2pc and the Dow surged more than 1300 points as investors bet on faster growth. US Treasury yields spiked on inflationary concerns.

Donald Trump has won a decisive victory in the 2024 presidential election. Simply put, why? This question will dominate ...

This comes in a year that has seen devastating floods, heatwaves and storms in all corners of the globe. Read more at ...

Newly elected U.S. President Donald Trump will face fiscal challenges that could threaten the country's standing in the ...