Financial disaster averted. That's somewhat like what's happening with the government debt ceiling, the threat of government shutdowns, and the political showdown occurring every few months.

What Is a Price Ceiling? A price ceiling is the mandated maximum amount that a seller is permitted to charge for a product or service. Price ceilings are usually set by law and are typically ...

After being suspended by the Fiscal Responsibility Act in 2023, the federal debt ceiling was restored on January 2 and set to the outstanding debt level at that time: $36.1 trillion. In December 2024, ...

Melissa is a freelance writer who covers home decor, beauty, and fashion. She’s written for MyDomaine, The Spruce, Byrdie, and The Zoe Report. Originally from Oregon, she's currently living in the UK.