Fitch just downgraded the U.S. credit rating — how much does it matter?
In the financial world, it's akin to the gold standard: AAA, three letters meant to denote the safes...
debt ceiling
The Federal Reserve is pausing rate hikes for the first time in 15 months. Here's the financial impact.
The Federal Reserve is pausing on raising rates, marking the first break after 15 months of consecut...
GOP Rep. Garret Graves says he's not ruling out a government shutdown after debt ceiling fight
Washington — Rep. Garret Graves said he could not rule out a potential government shutdown in the fa...
'This is a compromise': How the White House is defending the debt ceiling bill
House lawmakers passed a bill to suspend the debt ceiling, enabling the U.S. to pay off its bills wh...
The first debt ceiling fight was in 1953. It looked almost exactly like the one today
The year was 1953: World War II was over; the economy was thriving; Peter Pan was enchanting moviego...
CBO says debt ceiling deal would cut deficits by $1.5 trillion over the next decade
Congressional bean counters estimate that an agreement to limit government spending in exchange for ...
Receding rivers, party poopers, and debt ceiling watchers
It's Memorial Day weekend, aka summer's soft launch. This time, our indicators of the week are all a...
Yellen sets new deadline for Congress to raise the debt ceiling: June 5
Treasury Secretary Janet Yellen says the government won't have enough money to pay all of its bills ...
5 things people get wrong about the debt ceiling saga
The U.S. is running short of both time and money to pay its bills. At some point in the next several...
3 ways to protect your money if the U.S. defaults on its debt
If the U.S. defaults on its debt, the fallout could be huge for Americans. And not just for retirees...
Slim majority wants debt ceiling raised without spending cuts, poll finds
The country is careening close to defaulting on its debts if the debt limit is not increased, and a ...
These are some of the people who'll be impacted if the U.S. defaults on its debts
Veterans, seniors and government employees: These are just some of the people who stand to be impact...
What the debt ceiling standoff could mean for your retirement plans
President Biden is expected to meet with congressional leaders on Tuesday about the debt ceiling, wi...
Yellen: U.S. default would be economic and financial "catastrophe"
Political brinkmanship over raising the U.S. debt ceiling risks "serious economic costs" even withou...
The U.S. could run out of cash to pay its bills by June 1, Yellen warns Congress
Treasury Secretary Janet Yellen warned lawmakers Monday that the federal government could run short ...
House Republicans hope their debt limit bill will get Biden to the negotiating table
The U.S. risks defaulting on its national debt as soon as early summer — which would spell disaster ...
The U.S. could run out of cash to pay its bills between July and September
The U.S. government will run out of cash to pay its bills sometime between July and September unless...
What's the deal with the platinum coin?
The jig is up. The U.S. can't legally borrow any more money. Maybe you've heard of "extraordinary me...
Want a balanced federal budget? It'll cost you.
The U.S. has officially reached its debt ceiling, meaning the country has reached the limit of its a...
Simon says we're stuck with the debt ceiling (Encore)
This episode originally came out in October 2021. Showdowns over the debt ceiling are like football ...