Even a brief debt ceiling breach of about one week would slash 1.5 million jobs, raising the unemployment rate from 3.4% to 5%, a Moody's Analytics report found in March.

Credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and leaving a growing share of borrowers late on payments, a Federal Reserve ...

WASHINGTON — As Republicans barrel toward a critical deadline this summer to lift the debt ceiling, they say there’s no “Plan B” to avert an economically disastrous default if they fail to ...

New spending Debt ceiling increased by $5 trillion Nearly $150 billion in additional border security spending, including $46.5 billion to construct a U.S.-Mexico border wall and about $30 billion ...

As of March, it had about $1.33 billion in cash, and about $6.5 billion of debt obligations. Last week, Bloomberg News reported about the firm's plans to file for a prepackaged bankruptcy.

Trump wants debt ceiling raised or scrapped in new government funding bill President Donald Trump and Sen. Elizabeth Warren of Massachusetts have been slinging insults at each other for nearly a ...

AMC Strikes Debt Deal, Settles Bondholder Litigation The movie-theater chain reaches agreements that push out maturities while reducing debt By Alexander Gladstone July 1, 2025 9:31 am ET | WSJ Pro ...

The federal government risks defaulting on its debt sometime this summer or early fall without congressional action to address its debt ceiling, a new analysis found. The Bipartisan Policy Center ...

Last December, he said that “the debt ceiling should be thrown out entirely” and called on Congress to get it done as part of the year-end spending deal. I said at the time that Mr. Trump was ...

No matter how you look at it — as a fiscal hawk, a market watcher, or as someone simply concerned about the future we’re leaving for our children — our ever-growing national debt has become ...