It’s a case of déjà vu all over again on the debt ceiling debate. Republicans, who regained control of the House of Representatives in November 2022, are threatening to not allow an increase in the ...

The currency markets are being driven by talk of default. In Europe, the expectation of a default by Greece, and a bondholder haircut of 50 percent or more, is priced into the market. There’s concern ...

Mr. Lofgren is a former staff member of the House and Senate budget committees. Since 1960, Congress has acted 78 times to increase the statutory debt limit to avert a government default. Indeed, when ...

TOKYO, May 16 (Reuters) - The U.S. dollar remained under pressure on Tuesday, weighed down by the risk of a U.S. default as a standoff between Democrats and Republicans over raising the debt ceiling ...

The US dollar's (DXY) recovery accelerated today. With the US government still shut and no apparent negotiations to end it, greenback's gains seem to be a reflection of poor developments elsewhere.

LONDON (Reuters) - As the dust settles on the global credit crisis, a new world financial order may be emerging - but one possibly more dependent than ever on the United States protecting the dollar's ...

Oct. 12 (UPI) --Congress has seemingly kicked the debt ceiling deadline down the road -- but the threat of a future default still exists. On Thursday, lawmakers in the Senate agreed to extend the ...