The Congressional Budget Office (CBO) has careworn that “there is a significant risk that the Treasury will run out of funds at some point...

Bitcoin (BTC) and most of the crypto market witnessed a move to the downside as the US dollar registered its strongest week in months. The...

The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on...

The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults...

Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant,...

A Goldman Sachs executive who also serves as the chair of a Treasury advisory committee has warned that a U.S. default poses “real...

Circle, a stablecoin issuer, has apparently altered its reserves treasury in an effort to lessen the risks of US debt defaults....

The pandemic has left the US economy in a precarious state, but another crisis is looming that could push the country into an economic...

U.S. Treasury Secretary Janet Yellen says the US will tumble into an “economic calamity” if Congress fails to raise the debt ceiling. In a new...

Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the...

As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting...

Bitcoin and Ether were the biggest gainers in Wednesday trade in Asia, while all other top 10 non-stablecoin cryptocurrencies traded mixed. Asian equity markets...