US President-elect Donald Trump has criticised the 2023 debt ceiling extension, agreed by President Joe Biden and then-House Speaker Kevin ...

Donald Trump will be handed over the reigns of the White House on January 20 next year, but right before that, US economy will face a major...

Time is tight. The Treasury Department on Friday said the government would run short of funds to pay all its bills on June 5 without congre...

The more precise estimate buys White House and congressional negotiators slightly more time to finalize a deal to raise the statutory ceili...

The US dollar reached a six-month high against the yen as several Fed officials suggested that monetary policy may need further tightening....

European shares opened cautiously on Monday and Wall Street futures struggled as traders awaited news on U.S. debt ceiling negotiations pri...

Asian stocks and US futures fell on Monday as concerns about US debt ceiling negotiations weighed on market sentiments, hazardous banking f...

The oil companies are buying dollars keeping rupee in the range of 81.90 - 82.40. They were absent from the scene earlier, refusing to buy ...

Make no mistake, the risk is real. Treasury Secretary Janet Yellen said Friday that the US will "have to default on some obligation" if Con...

US debt ceiling limit and deadline have become topics of discussion around the world given the likely impact on the US dollar.

Investors are shunning Treasury bills that come due in early October.

The new deadlines for agreeing on revised US government debt limit will be "key driver" for resolving negative watch assigned on US credit ...

John Boehner, the House speaker, failed to persuade elements within his own Republican caucus to back a bill designed to placate conservati...

The deadline of October 17, 2013 to increase the US debt ceiling in order to avoid an unprecedented default on US government debt is fast a...

Both sides described the 90-minute meeting at the White House as useful and agreed to keep talking but no decision was made to resolve the ...

While India has a total exposure of $59.3 billion to US Treasury Securities, China and Japan have it at $1.1 trillion each as of July 2013.

Providing ammunition to President Barack Obama in his battle with congressional Republicans, IMF has urged US to quickly raise its federal ...