Yellen pushes back forecast of potential US default date
WASHINGTON U.S. Treasury Secretary Janet Yellen on Friday extended the deadline for raising the federal debt limit, saying
2023-05-27 04:57
Congress must address debt ceiling by June 5, Yellen warns
Congress must address the debt ceiling by June 5 or the US Treasury will not have enough funds to pay all of the nation's obligations in full and on time, Treasury Secretary Janet Yellen said Friday.
2023-05-27 04:19
Factbox-What's in the debt ceiling deal Biden, McCarthy are negotiating?
By Jarrett Renshaw WASHINGTON U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are nearing a deal
2023-05-27 02:17
Bitcoin’s Volatility Drops to Lowest Since 2020 While AI Tokens Take Off
The typically hyper-volatile Bitcoin hasn’t been so choppy of late at all. The largest digital asset hasn’t posted
2023-05-27 00:58
Thailand media guide
An overview of the media in Thailand, including links to broadcasters and newspapers.
2023-05-26 23:56
'The mother of all crises.' A US debt default would ricochet around the world
The global economy has been hit by two huge shocks in three years. It might be about to suffer a third in the shape of a US debt crisis.
2023-05-26 22:27
Deputy Treasury secretary rules out possibility of using 14th Amendment to raise debt ceiling
Invoking the 14th Amendment to lift the borrowing cap on the US debt ceiling as a way to work around slow-moving negotiations is not an option, Deputy Treasury Secretary Wally Adeyemo told CNN Friday, the administration's most definitive response yet to an unlikely option demanded by some progressives.
2023-05-26 21:16
U.S. Treasury's Adeyemo sees no ability to 'triage' payments without debt limit hike
WASHINGTON Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the
2023-05-26 19:47
Factbox-Top US credit rating under watch as debt ceiling talks drag on
Drawn-out negotiations between the White House and Republicans to raise the $31.4 trillion debt ceiling have unnerved markets
2023-05-26 19:24
Biden, McCarthy looking to close US debt ceiling deal for two years
By Richard Cowan, Andy Sullivan and Jarrett Renshaw WASHINGTON The White House and congressional Republicans on Friday are
2023-05-26 18:16
Debt limit negotiators under pressure to reach deal as risk of default grows
There are signs that negotiations over raising the nation's debt limit are gaining momentum, but major differences remain and it's unclear how quickly an agreement could come together. Time is running short as the risk of a first-ever default grows.
2023-05-26 17:15
US credit default swaps flash default warning and speculators rush in
By Shankar Ramakrishnan and Nell Mackenzie (Reuters) -A measure of U.S. default risk is flashing red as talks over the
2023-05-26 14:26