Treasury Department – Page 5

Yellow’s Promise to Repay Federal Debt Provokes Skepticism

The trucking company, which has filed for bankruptcy protection, owes more than $700 million to the Treasury Department.

Biden Orders Ban on U.S. Investments in China’s Sensitive High-Tech Industries

The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalate a conflict pitting the world’s two largest economies against each other.

Markets Still Weigh the Meaning of a U.S. Credit Rating Cut

Stocks were down and Treasury yields were up after Fitch Ratings’ downgrade. But the biggest effects of the move may play out over time.

Fitch’s Debt Downgrade Is Unlikely to Deter Borrowing, Investors Say

Fitch’s credit-rating decision stemmed from concerns about America’s ability to govern itself, along with the nation’s growing debt load.

U.S. Credit Rating Is Downgraded by Fitch

The ratings agency, which lowered the U.S. long-term rating from its top mark, said that debt-limit standoffs have eroded confidence in the nation’s fiscal management.