“We are going to go onto the warning track sometime in May or June,” Bessent said in an interview with Bloomberg Television Wednesday. “If the debt ceiling is resolved via reconciliation, then it has ...

US Treasury Secretary Scott Bessent says the federal government is at risk of running out of room to make good on all of its payment obligations on time as soon as May or June. He speaks on ...

Bloomberg Bessent: US on Debt-Ceiling 'Warning Track' for May or June Posted: 2 April 2025 | Last updated: 2 April 2025 US Treasury Secretary Scott Bessent says the federal government is at risk ...

The U.S. is on track to hit a dangerous milestone by 2045, according to an analysis of the new Congressional Budget Office's long term budget outlook. The average interest rate on debt will exceed the ...

BOAO, China, March 27 (Reuters) - China's overall level of debt has topped 300% of GDP and is likely to climb further, but the central bank will continue to ease policy when needed, Xuan Changneng ...

Treasury Cabinet Secretary John Mbadi on Wednesday, March 26 revealed that Kenya is on track to pay its Ksh11 trillion debt but stressed that challenges lie ahead as it seeks to repay its debt. While ...

For the straight-line method, the depreciation is the same each year. Excel templates are available for most depreciation calculations. Depreciation is a common accounting method that allocates th ...

The total amount of bonds and loans in the global distressed debt tracker increased 2% to $493 billion in the week ended March 21. The biggest companies adding to the global distressed debt pile ...