A debt advisory firm asked China Vanke Co dollar bondholders to consider calling a default on the embattled developer’s notes ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

The prospect of a Russian debt default has once again been brought to the fore with the U.S. Treasury blocking dollar-denominated debt payments from Moscow via U.S. banks. The move on Monday evening ...

Treasury Secretary Scott Bessent was firm on Sunday that the United States will never default on its debt, saying the country is “on the warning track and we will never hit the wall.” “The United ...

Treasury Secretary Scott Bessent was firm on Sunday that the United States will never default on its debt, saying the country is "on the warning track and we will never hit the wall." In a Sunday ...

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 ...

The Kremlin pushed back on claims that Russia defaulted on its foreign-currency debts on Monday, placing the country at odds with creditors. "Claims that Russia is in debt default are wrong. A foreign ...

Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.

Scott Bessent, the U.S. Treasury Secretary, assured that the country will not default on its debt, even as the deadline for raising the federal debt ceiling approaches. The debt ceiling, a cap set by ...

Through time, governments have often been dependent on debt to finance themselves, some in the local currency and much in a foreign currency. The consequences of sovereign default have been both ...