Spanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the ...

Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...

In his address at the ADB Annual Meetings, Pankaj Chaudhary also said that the multilateral funding institution should adopt a "more transf...

New Reserve Bank of India guidelines empower banks to offer relief to all borrowers in calamity-hit regions. These measures, effective July...

Some companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...

Lodha Developers achieved record pre-sales in the March quarter, marking a significant year-on-year increase. Full-year pre-sales also saw ...

The U.S. Treasury anticipates borrowing $1.007 trillion in the third quarter, significantly higher than April's estimate, to replenish cash...

The debt ceiling concept came into being in 1917, formally meaning that the total debt of the government cannot exceed a certain amount, an...

At issue is not only the bipartisan infrastructure bill, but an expected $3.5 trillion in proposed spending in a Democrat-led reconciliatio...

In a protracted 2013 debt-limit episode, Fitch Ratings put the U.S. rating on negative watch given the government’s failure then to raise i...

When the ceiling is reached, the Treasury cannot issue any more bills, bonds, or notes. It can only pay bills through tax revenues.

The debt ceiling is the maximum amount the US government can borrow, as directed by Congress, to meet its financial obligations. When the c...

FOMC left interest rates unchanged after raising them three times in last three quarters.

Fitch affirmed its 'BBB-' rating, indicating investment grade, while withdrawing all of issue ratings assigned to the government's unsecure...

John Boehner, who has failed to win talks with President Barack Obama, faces another challenge as well: what to say to Obama about the debt...

The IMF report said global growth is still weak, its underlying dynamics are changing, and the risks to the forecast remain on the downside.

Hit by the sustained price rise in the economy, the government on Friday took steps to restrict the flow of foreign funds into the country ...