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WASHINGTON — (AP) — The U.S. is on track to run out of money to pay its bills as early as August without congressional action ...
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 ...
Lawmakers have until August to address the debt ceiling or the US could default on its obligations for the first time ever, ...
Treasury Secretary Scott Bessent arrived in Geneva for negotiations with Chinese officials. President Trump hinted at ...
President Trump in the Oval Office on Friday said he wouldn’t be disappointed if Treasury Secretary Scott Bessent doesn’t come back with a deal in weekend talks with China. “No, not at all. We already ...
In premarket equities trading Friday, shares of the travel website Expedia fell 10% after it trimmed its full-year bookings ...
Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to ...
The so-called "X-date" marks when the government could run out of borrowing power and face an unprecedented default without action from Congress to address the debt limit.
Treasury Secretary Scott Bessent on Friday called on Congress to raise the nation’s debt ceiling by mid-July to keep the ...
A few hours after President Donald Trump’s trade negotiating team boarded a flight for the most important economic meetings in the world, their boss took to social media to publicly throw a curveball ...
The first meeting to potentially start trade talks in earnest between the United States and China will be held in Geneva this weekend.
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