Tag: Government debt
Treasury warns of need to deal with national debt limit
WASHINGTON — The Treasury Department says it will employ extraordinary measures to avoid an unprecedented default on the national debt this summer, but officials...
McConnell says GOP open to $600 billion for infrastructure
LOUISVILLE, Ky. — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far...
Greece closer to investment grade with ratings upgrade
Greece moved closer to investment grade late Friday after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to...
Groups push for easier student loan relief for the disabled
Advocates for the disabled are pressing the Biden administration to cancel student debt for hundreds of thousands of Americans who have disabilities that make...
Greece: Stores open amid virus surge to help rescue economy
ATHENS, Greece — Retail stores across most of Greece were allowed to reopen Monday despite an ongoing surge in COVID-19 infections, as the country...
Safety last: Risky investments soared at start of 2021
NEW YORK — Who needs safety when the world's about to get back to normal?
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Path from Clinton to Biden takes U-turn on debt, trade, more
WASHINGTON — When Bill Clinton spoke of how to build a bridge to the 21st century, it was to be constructed with balanced budgets,...
Fed to end relaxed capital requirements for large banks
WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...
Greece issues 30-year bond to smooth debt costs
ATHENS, Greece — Greece on Wednesday launched a 30-year government bond auction, hoping to take advantage of low interest rates to improve its debt...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
