Concern over a possible default is expected to intensify in the coming weeks as Congress debates raising the U.S. debt ceiling. The debt limit debate probably sounds like a complicated economic issue.

This study aims to explore the impacts of U.S. debt ceiling uncertainty on crude oil markets and further reveal the specific influence mechanisms. Design/methodology/approach – This paper introduces a ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

WASHINGTON, D.C. — President Joe Biden is urging Republicans not to use the filibuster to block Democrats in the Senate from raising the U.S. debt ceiling. “If you don’t want to help save the country, ...

On Oct. 15, the sitting U.S. Treasury Secretary Jack Lew sent his warning letter to Congress to increase the U.S. debt ceiling “or else.” Should bond investors be scared? Here’s an excerpt from Lew’s ...

In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

A deal for where the U.S. debt limit will move, for now, could be ready for President Joe Biden's desk soon. Senators wrapped up voting late on Thursday night preparing the legislation to be ready for ...