Failing to raise the debt limit after running out of money could force the U.S. to default on debt payments, which could trigger a financial crisis. In the letter, Yellen said that the outstanding ...

WASHINGTON—Treasury Secretary Janet Yellen said the U.S. will hit its borrowing limit in the middle of next month, triggering the use of “extraordinary measures” to keep the federal ...

Over 15 million people default on credit card payments each year for various reasons, including job loss, healthcare debt, and marital disruption. According to the Federal Reserve, the rate of ...