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US stocks slide as traders wait for lawmakers to vote on debt ceiling deal
Investors were jittery as they awaited for lawmakers to vote on a potential resolution to the debt …
Jennifer Sor
The US could be 4 months away from a potentially disastrous debt-ceiling breach, but nobody's negotiating over how to fix it
Republicans want to negotiate spending cuts in a debt ceiling increase. Democrats don't. That impas…
Ayelet Sheffey,Juliana Kaplan
There's no chance the student-loan payment pause will be extended again this year if McCarthy and Biden's debt-ceiling deal is signed into law
The debt-ceiling deal codifies the end of the student-loan payment pause, meaning no matter what ha…
Ayelet Sheffey
Get ready to see millions of Americans lose their jobs if Congress doesn't raise the debt ceiling in the next few days
The US could default on its debt as early as June 5 if the debt ceiling isn't raised by then, and o…
Madison Hoff,Ayelet Sheffey
US stocks climb as Wall Street hopes debt ceiling deal is in sight
"The Bulls are back in the driver's seat on the heels of investor optimism over a likely debt ceili…
Carla Mozée
Biden leaves the door open to solving the debt ceiling crisis without Congress — and it could get rid of the debate forever
Biden said on Tuesday that he's "considering" using the 14th amendment to negate the debt ceiling, …
Ayelet Sheffey
US stocks edge higher as investors await updates on debt ceiling negotiations
The S&P 500 finished higher after two sessions in the red and after weekly back-to-back losses. Tra…
Carla Mozée
US stocks trade mixed as investors assess progress on debt ceiling talks
Treasury Secretary Janet Yellen said she sees progress being made in deliberations about raising th…
Carla Mozée
White House insists debt ceiling be dealt without conditions
In the last administration, the Democrats and Republicans were able to deal with the debt limit…
PTI
McCarthy and Biden's debt-ceiling deal could hurt student-loan borrowers and people on food stamps and cost some Americans their jobs
After months of stalemate, Biden and McCarthy finally reached a debt-ceiling deal. It needs to be s…
Hannah Getahun,Ayelet Sheffey
Senate Democrats pass debt-ceiling hike of $2.5 trillion just in time to avoid catastrophe — and without any Republicans
The party-line vote passes an increase that would cover the government's bills into 2023. The House…
Ben Winck
Democratic lawmakers are skeptical about using a $1 trillion coin or the 14th amendment to get around the debt ceiling
As the country inches closer to a default, Insider asked Democrats if they support paths to solve t…
Ayelet Sheffey,Eliza Relman
US stocks trade mixed after debt ceiling deal and ongoing AI frenzy
The debt ceiling deal would raise the debt ceiling until January 2025 and includes various spending…
Matthew Fox
Even Republican senators aren't sold on the GOP plan to fight over the debt ceiling again in a year
Kevin McCarthy plans to bring his debt ceiling bill to the House floor for a vote on Wednesday. But…
Ayelet Sheffey,Juliana Kaplan
As debt ceiling negotiations go down to the wire, an economic disaster looms that could affect everything from student loans to mortgage payments
Even the prospect of the US defaulting on its loans can tank the economy. A similar debt-ceiling st…
Hannah Getahun
The US could run out of money to pay its bills as soon as July if the debt ceiling isn't raised by then, the CBO projects
As Republicans continue to negotiate terms to raise the debt ceiling, the CBO released a report tha…
Ayelet Sheffey
House Republicans want to ban student-loan forgiveness and immediately end the payment pause in their new debt ceiling bill
Republicans want to throw student-loan borrowers back into repayment, block debt relief, and prohib…
Ayelet Sheffey
'Severe hardship to American families' is inching closer and closer as Congress fails to find a debt ceiling solution, Janet Yellen warns
Treasury Secretary Janet Yellen just sent her latest reminder to McCarthy on the urgent need to rai…
Ayelet Sheffey,Juliana Kaplan
US stocks slide as Washington lacks movement on reaching a debt-ceiling agreement
Investors were anxious Tuesday with no word on a debt-ceiling deal. "It's a slow walk," Rep. Patric…
Carla Mozée
US stocks trade mixed as Biden and McCarthy are due to meet on debt-ceiling talks
Lawmakers are still scrambling to avoid a national default, and JPMorgan warned Monday that stocks …