The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in ...

Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...

The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.

Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...

The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...

A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...

The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States ...

Janet Yellen is asking Congress to raise or suspend the debt limit so the treasury can keep paying its bills until June.

In a letter sent to Congress on Friday, she says the treasury will have to take "extraordinary measures" to pay Washington's ...

(Bloomberg) -- Treasury Secretary Janet Yellen said her department is likely to begin taking special accounting maneuvers sometime in mid-January to avoid breaching the US debt limit, and urged ...