WASHINGTON -- The fight over raising the nation's borrowing limit underscores a reality for Democrats as they are in the midst of their highest-stakes moment for President Joe Biden's sweeping ...

CHEN SANHU/FOR CHINA DAILY China will adopt a multipronged strategy to stabilize the property market this year, with a focus ...

A mild recession, analysts say, would likely be the best-case scenario in the event of the US government defaulting on its debts. WASHINGTON -- The fight over raising the nation's borrowing limit ...

If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...

A debt advisory firm asked China Vanke Co. dollar bondholders to consider calling a default on the embattled developer’s notes, based on cross-default clauses, people familiar with the matter said.

In a nutshell, a default would do significant damage to American power. It would create greater pressure to cut defense spending, make it harder to negotiate with foreign capitals, and erode American ...

Corporate debt defaults soared last year and could be a problem again in 2024 as cash-strapped companies deal with the burden of high interest rates, S&P Global Ratings reported Tuesday. The number of ...

LONDON, Dec 11 (Reuters) - ‌The cost of ‌insuring Oracle debt against default surged on Thursday ‍to its highest in at least ⁠five years, after the company's results missed forecasts, reigniting ...