The US Treasury Department is expected to take measures next week to avoid a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.

It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures ...

Experts welcome economic sanctions against gang believed to be behind telecom hacks, but warn tougher action is needed.

The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Janet Yellen, US treasury secretary, wrote in a letter to congressional leaders Friday that she was advising them “of the ...

The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt ...

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.

Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...

The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...

Treasury Secretary Janet Yellen on Friday said the nation will hit its debt ceiling the day after President Trump is inaugurated, and that the agency will begin “extraordinary measures” to stave ...

Outgoing Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to ...