US may risk debt default ‘as early as June 1’: Yellen

The United States could run out of funds to pay its debt obligations — triggering a catastrophic default — as early as the start of June, Treasury Secretary Janet Yellen said Monday, as policymakers tussle over raising the debt ceiling. Last week, the Republican-led House of Representatives voted to lift the national borrowing limit, but … Continue reading US may risk debt default ‘as early as June 1’: Yellen