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Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington, Wednesday, July 2, 2014. Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system. (AP Photo/Susan Walsh)
Senate

Yellen sticks to June 1 debt ceiling deadline in new letter to congressional leaders

Samantha-Jo Roth -
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The average household owes a record $8,600, which is more than the peak during the recession. (AP Photo/Keith Srakocic)
Business

Credit card debt surprisingly high at nearly $1 trillion in first quarter

Zach Halaschak -
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How the Treasury is scrambling to stop default — or mitigate its fallout
Economy

How the Treasury is scrambling to stop default — or mitigate its fallout

Zach Halaschak -
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WATCH LIVE: Kevin McCarthy delivers remarks following White House debt ceiling meeting
News

WATCH LIVE: Kevin McCarthy delivers remarks following White House debt ceiling meeting

Asher Notheis -
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The United States Capitol building, east facade, at dawn is seen in this general view , Monday, Jan. 27, 2020, in Washington, DC. A new financial audit finds that the city is awash with people earning six-figure incomes.
News

How the dominoes will fall if the worst happens with the debt ceiling

Zach Halaschak -
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Top lawmakers voice opposition to short-term debt limit deal
News

Top lawmakers voice opposition to short-term debt limit deal

Ryan King -
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Rick Scott calls for greater Senate GOP involvement in debt ceiling fight
News

Rick Scott calls for greater Senate GOP involvement in debt ceiling fight

Samantha-Jo Roth -
0
Senate Majority Leader Chuck Schumer, D-N.Y., is joined by Senate committee chairs as he tells reporters about legislation to strengthen U.S. jobs and manufacturing, especially in competition with China, at the Capitol in Washington, Wednesday, May 3, 2023.
News

Schumer says GOP fears hearings on House debt limit proposal: ‘Bill was so bad’

Samantha-Jo Roth -
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Rep. Chip Roy, R-Texas, speaks during a House Judiciary Committee Field Hearing, Monday, April 17, 2023, in New York. (AP Photo/John Minchillo)
News

Chip Roy says Democrats can ‘choke’ on ‘responsible’ GOP debt plan

Brady Knox -
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Biden hits McCarthy on debt ceiling discussion: ‘Show me his budget’
News

Biden hits McCarthy on debt ceiling discussion: ‘Show me his budget’

Ryan King -
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