U.S. Default Prospect Hurts Economy in the Meantime
Financial markets are still betting that Congress and the White House will strike a deal. But the uncertainty alone is having consequences.
Posted inContent Type: Service Federal Budget (US) Government Bonds Inflation (Economics) National Debt (US) Personal Finances Stocks and Bonds
What the Markets Are Telling Us About the Debt Ceiling
The odds of a U.S. default are low, but the consequences could be dire. Our columnist explains how financial markets are assessing the risks.
Posted inBanking and Financial Institutions Biden, Joseph R Jr Credit Ratings and Credit Rating Agencies Fitch Ratings Government Bonds International Trade and World Market Moody's Investors Service Inc National Debt (US) Politics and Government Savings Standard & Poor's 500-Stock Index Stocks and Bonds Treasury Department United States Economy United States Politics and Government
What Would Happen if the U.S. Defaulted on Its Debt
Investors, executives and economists are preparing contingency plans as they consider the turmoil that would result from a default in the $24 trillion U.S. Treasury market.
Posted inFederal Budget (US) House of Representatives Internal Revenue Service National Debt (US) Senate Taxation Treasury Department United States Economy United States Politics and Government
When Will the U.S. Run Out of Cash? The Answer Is Complicated.
The federal government is essentially living paycheck to paycheck, making the X-date hard to pin down.