Yellen Says Treasury to Hit New Debt Limit in Mid-January
Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the US debt limit, and urged lawmakers to take action defending the “full faith and credit” of the US.
‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress
Yellen, in a letter to House and Senate leaders, noted that the nation’s debt ceiling — the total amount of money the federal government is authorized to borrow to pay for obligations such as Social Security and Medicare benefits — was suspended in June 2023 but will once again be in effect on Jan. 1.
The U.S. Treasury Department delayed a Jan. 1, 2025, deadline to file a new "beneficial ownership information" report by ...
Treasury yields rose on Monday as traders continue to see a slower pace of interest rate reductions by the Federal Reserve ...
The move comes as Beijing prepares to soften the blow from an expected increase in US tariffs on Chinese imports when Donald ...
Treasury yields rose Thursday morning as investors digested new data on weekly jobless claims. The yield on the 10-year ...
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A United States Postal Service employee in Fayetteville was sentenced to four years in prison for stealing more than $750,000 ...
Stephen Miran, who served during Donald Trump’s first term and now works at a hedge fund, has accused the Biden ...
Investment strategists surveyed by Bankrate see the 10-year Treasury yield at 4.14 percent at the end of December 2025.
According to NBC, the U.S. Department of the Treasury first delayed the compliance deadline of January 1 when a federal court in Texas issued a temporary injunction on December 3, 2024 because of ...
The 10-year yield tested 2024 highs above 4.6% before pulling back slightly. Yields had retreated earlier in 2024 as the Federal Reserve vowed to begin cutting rates. But the chances that the central ...
United Airlines is the best performer of the group — its stock soared 144% in 2024. Meanwhile, Alaska Air Group shares are up ...
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