United States Economy – Page 77

Time Is Running Out for Congress to Raise the Debt Ceiling

With a June 5 deadline looming, there is much to be done to prevent the default that leaders of both parties said would never happen.

The cash balance at the Treasury Department is now lower than the net worth of some of the world’s richest people.

Here’s a look at what markets are expecting and planning for, and how a default might happen.

A host of issues face the markets, beyond the prospect of a possible default on U.S. debt. Hedge your bets and ride it out, our columnist says.

New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.