A key section of Trump’s One Big Beautiful Bill Act has been dropped but the fate of a global tax deal that took decades to achieve is now up in the air.

A huge tornado was seen twisting over a field south of Gary, South Dakota, on June 28, as severe storms swept the area. The twister was on the ground for over 30 minutes and clipped at least one house ...

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.

Treasury Secretary Scott Bessent told US lawmakers he’s extending the latest period for deploying special accounting measures to keep within the debt limit through July 24, 2025.

The OBBB Act raises the debt ceiling and impacts Treasury strategies with $2 trillion in new T-Bills forecasted. Click here ...

That stance has often led to standoffs over raising the nation’s borrowing cap, with Republicans insisting that any increase in America’s so-called debt limit be paired with spending reductions.

If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.

Treasury Secretary Scott Bessent has informed lawmakers that the debt issuance suspension period has been extended to July 24. It was set to expire by Friday, June 27. A debt limit suspension ...

Russia has increased investments in US Government debt in September, according to documents published ... These measures ...