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Can Congress Avoid a Debt Default and $125 Billion in Spending Cuts?

Can Congress Avoid a Debt Default and $125 Billion in Spending Cuts?

With autumn deadlines on the debt ceiling and government funding, reaching a deal in a polarized and gridlocked Congress could be tough.
House Moves Forward With Spending Bills as Congress Grapples With Looming Fiscal Deadlines

House Moves Forward With Spending Bills as Congress Grapples With Looming Fiscal Deadlines

The burst of productivity stood in stark contrast to the tenor of the wider negotiations, which are hung up over how much to increase domestic spending.
The National Debt Is Still a Problem

The National Debt Is Still a Problem

A rising budget deficit may make sense in a major war or recession but not now, when the economy is strong, the economist N. Gregory Mankiw says.
Fed Chair Powell Signals Openness to Rate Cut by Underlining Risks

Fed Chair Powell Signals Openness to Rate Cut by Underlining Risks

Jerome H. Powell told lawmakers that trade tensions and global economic issues continue to weigh on the United States economy.
Fed Chair Powell Signals Openness to Rate Cut by Underlining Risks

Fed Chair Powell Signals Openness to Rate Cut by Underlining Risks

Jerome H. Powell told lawmakers that trade tensions and global economic issues continue to weigh on the United States economy.
Fed Chair Powell Signals Rate Cut as Economic Risks Loom

Fed Chair Powell Signals Rate Cut as Economic Risks Loom

Jerome H. Powell sent stock markets higher with comments that trade tensions and global economic issues continue to weigh on the United States economy.
Fed Chair Powell Signals Rate Cut as Economic Risks Loom

Fed Chair Powell Signals Rate Cut as Economic Risks Loom

Jerome H. Powell sent stock markets higher with comments that trade tensions and global economic issues continue to weigh on the United States economy.
In the Search for Safe Assets, Investors Detour Around Gold

In the Search for Safe Assets, Investors Detour Around Gold

Despite global turbulence, strife and a June price surge, gold remains far below its 2011 highs.
Government Could Breach Debt Ceiling in September, Mnuchin Warns

Government Could Breach Debt Ceiling in September, Mnuchin Warns

Treasury Secretary Steven Mnuchin warned Congress that the government could breach its statutory borrowing limit by September, begging for a debt ceiling increase.
Government Could Breach Debt Ceiling in September, Mnuchin Warns

Government Could Breach Debt Ceiling in September, Mnuchin Warns

Treasury Secretary Steven Mnuchin warned Congress that the government could breach its statutory borrowing limit by September, begging for a debt ceiling increase.