WASHINGTON (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action, ...

Trump’s escalation sent financial markets tumbling and left U.S. retailers warning that they might run out of goods as U.S.-China trade implodes. U.S. consumers, worried about the prospect of empty ...

NPR Financial Correspondent Maria Aspan, Host of "Politics Nation" Rev. Al Sharpton, and President of Media Matters for America Angelo Carusone join Nicolle Wallace to discuss the latest flip flop ...

WASHINGTON – Treasury Secretary Scott Bessent urged congressional leadership to raise the debt ceiling by mid-July, in a ...

President Trump issued Friday his clearest sign yet of his desire to de-escalate the trade war he started with China last ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

China and the U.S. plan to hold long-awaited trade talks in Switzerland this weekend. Here are the key officials that are expected to participate. Scott Bessent, U.S. Treasury Secretary: The Treasury ...

The secretary urged them to come up with a solution before its annual break because there is a “reasonable probability” that the extraordinary measures the department is already implementing to pay ...

Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...