Impasse continues between White House and Republicans as clock ticks towards US government running out of money to pay its bills

Treasury secretary Janet Yellen has warned the US federal government may run out of cash as early as June 1st

Stocktake: Markets might appear unconcerned but there is potential for volatility

President meets key congressional leaders this week in bid to resolve impasse over raising debt ceiling amid fears Washington could run out of money within a month

Few leaders in history have borne a heavier moral burden than those of today

Denys Shmyhal welcomes ‘continuous, ironclad and unprecedented support’ of US during trip to Washington

Government considering a top-up tax for companies with turnover in excess of €750m, aiming to ensure that they pay minimum effective rate of 15% on earnings here

Market volatility has been three times greater during press conferences held by Powell than those held by his predecessors, Bernanke and Yellen

Treasury secretary to defend ‘decisive and forceful actions’ by regulators to avert broader crisis

US president Joe Biden insists Americans can have confidence about the safety of bank deposits

Bruno Le Maire and Robert Habeck prepare to meet US officials amid tensions over subsidies

Existing borrowing limits to be reached this week but ‘extraordinary measures’ will hold back the crisis until late summer

Ted Smyth reviews the Financial Times’s global business columnist’s new book

IMF calls for fiscal tightening next year and more targeted energy supports as it predicts inflation will run at 6% next year

It’s conceivable that Donohoe could stay on as head of EU group even if he’s not finance minister but the row has hurt relations between FF and FG

US Treasury chief assured Donohoe that pact would pass, but this now looks in doubt

Davos: Cormann acknowledges that start date could be delayed until 2024

There’s a big difference between recessionary and non-recessionary bear markets

Zelenskiy says conditions in Donbas like ‘hell’ with region ‘completely destroyed’ by invasion

Central bank says sudden disruption of supplies to EU could dent economic output by 5% this year