Terry Massey

The US debt ceiling crisis got a bit of a reprieve Friday, when Treasury Secretary Janet Yellen announced the federal government had enough funds in reserves to operate uninterrupted until June 5. That news, along with reports of a looming deal, sent Wall Street soaring.

With only 10 days until the June 1 deadline for a U.S. default, the potential consequences are coming into frighteningly sharp focus. Here's a deep dive into the possible fallout from a U.S. default.

US stocks surged Friday after experiencing a difficult week of losses.

Wall Street suffered losses Thursday following the Federal Reserve's rate hike and fears over regional banks.

Wall Street suffered early losses Tuesday as investors await word from the Federal Reserve.

Late night talk shows were abuzz with anticipation of former President Donald Trump's arraignment on Tuesday.

Late night talk shows scrambled to react to the news of former President Donald Trump's indictment.

Late night talk show hosts took some cheap shots at Twitter and TikTok in their Tuesday monologues.

Late night talk show hosts seemed disappointed that Dona;d Trump's prediction of his Tuesday arrest did not come to fruition.

Late night talk shows were abuzz with news that former President Donald Trump could be arrested for paying hush money to porn star Stormy Daniels.

Top seeds Alabama and Houston are the favorites to win the NCAA basketball tournament among the remaining Sweet 16 teams.

The Dow Jones fell nearly 400 points Friday to end a tumultuous week on Wall Street.

President Joe Biden's visit to Las Vegas and the downing of a U.S. drone were funny fodder for late night talk shows on Wednesday.

Late night talk shows waded into political waters Tuesday after several 2024 presidential hopefuls made the news.

The Academy Awards and the collapse of Silicon Valley Bank were hot topics on Monday's late night talk show circuit.

Late night talk show hosts teed off on former President Donald Trump's soon-to-be released book "Letters to Trump".

A move to ban TikTok and a vote to reject recreational marijuana provided lots of funny fodder for late night talk show hosts.

Fox News host Tucker Carlson has presented an alternative narrative of the Jan. 6 Capitol attacks, which was not lost on late night talk shows.

Late night talk shows took aim at the CPAC gathering over the weekend, with their best jokes focused on who wasn't there.

Former President Donald Trump is the belle of the ball at this weekend's annual CPAC gathering in Washington, D.C.

Late night talk show hosts took shots at CPAC for those who will not be attending.

Late night talk shows locked in on Fox News' admission that network executives knew hosts were spreading election lies.

Late night talk show host Jimmy Kimmel reacted in predictable fashion to reports that former President Donald Trump called his Disney bosses to tone down his rhetoric.

Late night talk show hosts prescribed lots of laughter for President Joe Biden's annual physical.

Late night talk shows cracked jokes on a variety of topics Wednesday night, including UFOs, Chipotle and puppies.

Late night talk shows found lots of funny fodder at the expense of Valentine's Day.

Late night talk shows had plenty of gags from Super Bowl LVII and the downing of UFOs.

Late night talks show hosts found humor in Tuesday's State of the Union address.

Late night talk show hosts took aim at the Chinese spy balloon shot down by the US military over the weekend.