Hey there, let's talk about something important happening in the US right now. Janet Yellen, the Treasury secretary, just sent a letter to Congress saying we're about to hit our debt limit. That's the amount of money the government can borrow. Yellen said they'll start using some special tricks to keep the government running, but they really need Congress to step in ...

Just hours ago, former President Donald Trump stirred up more chaos in Congress. He rejected a deal to keep the government running and demanded that lawmakers increase the nation's borrowing limit. Now, he's changed his tune again. Trump told NBC News he wants to scrap the debt ceiling altogether. "If Democrats want to get rid of it, I'll lead the charge, " he said. ...

Anthony Scaramucci, the founder of SkyBridge Capital, believes the US can manage its debt crisis by allowing inflation to rise slightly. This strategy might not be great for savers and lower- to middle-income households, but Scaramucci thinks it's the way to go. He made these comments just before the November 5 election, taking a different stance from many other expe...