“Extraordinary measures” are a way for the treasury to ensure that the US government can keep paying its bills and avoid a hugely destabilising debt default. On Friday, Yellen ...

A bill of lading also serves as a receipt for the buyer. A bill of exchange is proof of payment, much like a promissory note, that legally requires the buyer to pay an agreed-upon amount by a ...

The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite newly installed Secretary Scott Bessent having criticized the issuance ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

Thus far, the debt ceiling has always been raised before the Treasury runs out of “extraordinary measures.” However, without an agreement to increase the ceiling, the US government would not be able ...

Under that 2023 budget deal, Congress suspended the debt ceiling until Jan. 1, 2025. The U.S. Treasury will be able to pay its bills for several more months, but Congress will have to address the ...

The US treasury is ... over $95 billion in treasury notes. Tether’s report indicates that the stablecoin issuer maintains $84.548 billion in government debt. Treasury bill holdings amount ...

to inject rupee liquidity in the banking system and partly offset forex sales related rupee liquidity drain. This is important to aid transmission in a monetary policy easing cycle which we expect to ...

U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will ...