Biden asks Congress for billions in emergency funding for Ukraine
U.S. President Joe Biden on Thursday asked Congress to sign off on billions in emergency funds for Ukraine as it continues to battle against Russia's…
Yellen blasts Fitch’s ‘unwarranted’ downgrade of U.S. credit rating
Treasury Secretary Janet Yellen speaks during a House Committee on Financial Services Committee hearing on the state of the International Financial System at the U.S.…
Fitch downgrades U.S. credit rating from AAA to AA+
Fitch Ratings has downgraded the United States' "Long-Term Foreign-Currency Issuer Default Rating" from it's top-ranked AAA to AA+, due to political wrangling over the debt…
Yellen calls for ‘closer communication’ in meeting with top Chinese official
U.S. Treasury Secretary Janet Yellen (L) shakes hands with Chinese Vice Premier He Lifeng during a meeting at the Diaoyutai State Guesthouse in Beijing, China,…
Yellen raises concerns in China over treatment of U.S. firms, export controls
U.S. Ambassador to China Nicholas Burns (3-R) speaks as Treasury Secretary Janet Yellen (C) listens during a roundtable meeting with members of the American business…
China restricts exports on key chipmaking metals
China on Monday announced export restrictions on two metals used in the manufacturing of semiconductors. Pool Photo by Doug Mills/UPI | License Photo July 4…
Yellen to visit China later this week for talks with senior officials
Treasury Secretary Janet Yellen is to visit China from Thursday to July 9 for meetings with senior Beijing officials. Photo by Bonnie Cash/UPI | License…
Government agencies launch effort to expand use of clean-energy tax credits
1/2 Treasury Secretary Janet Yellen said various sub-federal government entities may be able to qualify for some of the clean-energy tax incentives outlined in last…
Biden signs Fiscal Responsibility Act, officially ending the debt limit crisis
President Joe Biden on Saturday officially signed H.R. 3746, a bipartisan bill to raise the U.S. debt ceiling. Photo by Bonnie Cash/UPI | License Photo…
Sudan’s warring sides hit with U.S. punitive measures
The Biden administration Thursday announced sanctions targeting both sides of Sudan's recently erupted conflict, affecting their ability to make war. File Photo by Sudanese Armed…
No debt limit deal yet but McCarthy ‘hopeful’ of Saturday agreement
1/5 House Speaker Kevin McCarthy said Saturday he is 'always hopeful' when asked if a deal to raise the U.S. debt ceiling and avoid defaulting…
Janet Yellen now says U.S. has until June 5 to avoid debt default
1/3 Treasury Secretary Janet Yellen sent a letter to Congress on Friday, saying that the government now will have a little more time -- until…
Kevin McCarthy tells Republicans both sides still divided in debt limit talks
1/7 House Speaker Kevin McCarthy speaks to the press outside the Oval Office at the White House on Monday after meeting with President Joe Biden…
Joe Biden, Kevin McCarthy to meet today as clock ticks on debt limit
1/6 U.S. President Joe Biden (L) and Speaker of the House Kevin McCarthy (pictured in March) will meet late Monday afternoon to discuss the latest…
Biden, McCarthy to meet Monday for debt ceiling negotiations; Yellen warns of ‘hard deadline’
1/4 President Joe Biden will resume negotiations on the debt ceiling with House Speaker Kevin McCarthy on Monday as the June default deadline nears. Photo…
Chinese menace threatens to shatter G7 unity – POLITICO
Press play to listen to this article Voiced by artificial intelligence. HIROSHIMA, Japan — As the leaders of the Group of Seven gather for their…
G7 summit: Debt ceiling looms as Biden looks to tackle Chinese provocation, climate change
1/3 President Joe Biden departed Wednesday to attend the Group of Seven meeting in Japan but will cut his trip short to return for continuing…
Australian PM says Quad summit canceled as Biden cuts Asia trip short for debt ceiling negotiations
Australian Prime Minister Anthony Albanese (L) said Wednesday that a Quad meeting scheduled next week for Sydney has been canceled as U.S. President Joe Biden…
What is the US debt ceiling? How does it affect the economy? Could Australia be impacted?
The United States is facing the prospect of defaulting on trillions of dollars worth of loans, unless the Republicans and Democrats strike a deal to…
President Joe Biden meets again with lawmakers on raising debt ceiling
1/2 President Joe Biden and Vice President Kamala Harris meet with House Speaker Kevin McCarthy, Sen. Chuck Schumer, Sen. Mitch McConnell and Rep. Hakeem Jeffries…