Welcome to the new year, and a new, GOP-controlled Congress. Lawmakers are facing some tough debates and choices when the 119th Congress kicks off Friday, starting off with Mike Johnson’s bid for ...

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

Bessent aims to maintain the strength of the U.S. economy with an adapted version of former Japanese Prime Minister Shinzo ...

The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend ...

Speaker Mike Johnson is still working to win over skeptics, raising the prospect of a contentious speakership vote Friday — and more political chaos to come ...

A new debt ceiling established this week sets up a coming debate about averting default. The parameters of that standoff are ...

Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.

The debate over the debt limit has exposed rifts among Republicans, who will take full control of Congress on Friday.

Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures," or special accounting ...

Wall Street's major market averages closed Monday's session out on a negative note as the financial community looks ahead to the 2025 trading year.