The US Treasury Department is expected to take measures next week to avoid a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...

Experts welcome economic sanctions against gang believed to be behind telecom hacks, but warn tougher action is needed.

This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

In one of her last acts as Treasury Secretary, Janet Yellen says 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 ...

Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...