The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald ...

A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.

In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking "extraordinary measures," or ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and ...

Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social platform.

Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and ...

With just days left in office, President Joe Biden will give a farewell speech on Wednesday from the Oval Office, touting his ...

The economic agenda of Scott Bessent, Donald Trump's nominee for treasury secretary, would include harmful deficit-driven tax ...

The steel makers want a federal court to junk the President's call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.

U.S. President Joe Biden violated the Constitution by blocking Nippon Steel's $14.9 billion bid for U.S. Steel through a sham ...