Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.
Treasury Secretary Janet Yellen has announced that the United States is expected to hit its debt ceiling by mid- or late January, setting the stage for a potential financial crisis if Congress fails ...
The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.
For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone the issue until 2027 or 2029 (or even forever). But it was not to be.