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Politics

US could default by August

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Business

As more customers default on BNPL loans, Klarna’s CEO predicts AI will cause a recession

Klarna’s CEO has predicted that a recession could be around the corner as companies across the globe—including his own—reduce the…

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Treasury secretary Scott Bessent insists US will ‘never default’ on its debt

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and…

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Bessent says U.S. will never default as Congress faces deadline

Treasury Secretary Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt…

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Most Shared

Trump Administration to resume collection on student loans in default : NPR

U.S. Secretary of Education Linda McMahon, during a cabinet meeting at the White House in Washington, D.C.. Al Drago/ABACA via…

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Business

Sanjeev Gupta’s InfraBuild hit with lawsuit alleging debt default

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Politics

Yellen says extraordinary measures to avoid default will begin as soon as Jan. 14

Treasury Secretary Janet Yellen suggested in a letter to Congress on Friday that the department doesn't think the U.S. will…

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