According to a statement released Thursday, China Chengxin International Credit Rating Agency (CCXI) has cut the United States’ sovereign credit score by one notch earlier in the week, making it…

Late Saturday it was announced that President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement on raising the debt ceiling, ending a standoff which had threatened…

Goldman Sachs economists are warning that their calculations show the United States may cease to be able to pay its obligations as soon as June 9th. In an interview with…

In a letter to lawmakers on Friday, Treasury Secretary Janet Yellen extended the predicted deadline when the US would begin to default on its obligations, as Joe Biden and Republican…

Yahoo Finance is reporting that a deal on the US debt ceiling is drawing near, with US President Joe Biden and Republican House Speaker Kevin McCarthy reportedly only $70 billion…

Image of Nouriel Roubini courtesy of the World Economic Forum. Renowned economist and New York University professor Nouriel Roubini is warning that the inability of US leaders to hash out…

Noting that the United States may default on its $31 trillion national debt within a matter of days amid “debt ceiling brinkmanship,” the Fitch credit rating agency has issued a…

A new report by the Institute of International Finance (IIF) reveals the global debt pile rose by $8.3 trillion over the first quarter of the year, hitting a near-record high…

On Friday evening, high-stakes discussions over raising the US Debt ceiling resumed after Republicans walked out of the talks in frustration earlier in the day, blaming the White House for…

Speaking to the Independent Community Bankers of America trade group on Tuesday, Treasury Secretary Janet Yellen warned that if the US fails to avoid a debt default, it could have…