Dennis Scott and Brendan Haywood break down why the New York Knicks have been so successful recently.

It dates back to 1917 when Congress passed a law raising the national debt ceiling to issue liberty bonds to fund World War I. It made sense then. Ever since, Congress has raised the ceiling 78 ...

Hall said the Treasury Department can only do this so long, and if Congress doesn’t raise the debt ceiling by the summer, the economy could start to “freeze up.” “If you break the promises on Social ...

Kyoto, Jan. 14 (Jiji Press)--The municipal government of Kyoto on Tuesday unveiled a plan to raise the ceiling of its accommodation tax levied on guests staying at hotels and inns in the western ...

TOKYO, Jan. 15 (Xinhua) -- Kyoto City in western Japan unveiled a plan to raise the ceiling of its lodging tax for people staying at hotels and other accommodations to 10,000 yen (about 64 U.S.

Why It Matters: The debt ceiling refers to the limit of how much the Treasury can borrow. Failing to raise it risks a government default, jeopardizing programs like Social Security, Medicaid ...

At some point in the next few months, Congress will have to raise the debt ceiling. For now, Republicans are planning to do it on their own. But if past is prologue, they'll probably need votes ...