Biden has signed legislation that averts a government shutdown, bringing a final close to days of upheaval in Washington ...

GOP Rep. Juan Ciscomani is under pressure to approve Trump's initiatives or face a strong challenge. Democratic Rep. Raul ...

Wall Street was poised to open with significant losses on Friday as the possibility of government shutdown right before ...

Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the ...

Yields on U.S. government debt finished with their second consecutive weekly advances on Friday, as traders positioned for the likelihood of fewer 2025 rate cuts from the Federal Reserve than they had ...

Federal government shutdowns can be disruptive, with thousands of workers furloughed and most of them not getting paid on ...

Democrats have long called for eliminating the debt ceiling. Sen. Elizabeth Warren signaled support for Trump's unexpected ...

Donald Trump wants Congress to abolish the debt limit before he takes office and it is pushing the government to the brink of ...

Expect portfolio volatility during the debt battle in Congress.

By Stephen Culp NEW YORK (Reuters) -Wall Street stocks rose sharply higher on Friday and the dollar softened as ...

The cap on how much the government can borrow has become a political football, but the consequences are very real.