Debt

President's first Oval Office speech comes after Congress passed budget legislation ahead of default deadline

Majority leader Chuck Schumer says chamber will stay in session until bill is passed

Representatives vote 314-117 in support to send bipartisan bill to the Senate ahead of looming deadline

Stock markets will be driven by economic data from the world's biggest economy and Federal Reserve expectations

Hardliners in Democrat and Republican parties still need to be convinced to support the bill

Selling of up to $1 trillion in bills could suck significant amount of liquidity from financial markets

Congress has until June 5 to pass deal and avert US defaulting on its own debt

President Joe Biden 'hopeful' and 'optimistic' over a debt ceiling deal soon

President continues to insist there will be no default

With a possible default days away, now is a good time to consider your personal exposure to any fallout