Treasury confirms U.S. default as early as June 1 without debt ceiling hike
By Andrea Shalal and David Lawder WASHINGTON The U.S. Treasury Department reiterated Monday it expects to be able
2023-05-23 04:56
Yellen warns Congress again that default could be just days away
Treasury Secretary Janet Yellen reinforced her warning to Congress that it has only a little time left to address the debt ceiling before the nation defaults on its obligations.
2023-05-23 04:54
Buy the dip? If the debt ceiling isn't resolved soon, markets will likely slide
If the United States defaults on its debt, it would be catastrophic for the economy. Millions of jobs would be impacted, the cost of borrowing money would skyrocket and government benefits many people rely wouldn't be sent on time.
2023-05-23 03:28
Why we may need a stock market plunge to solve the debt ceiling crisis
Wall Street is taking a no-worries attitude about the ticking time bomb in Washington that threatens to blow up the world economy. That might be a problem.
2023-05-23 01:15
Get up to speed on the US debt drama
House Republicans are insisting on spending cuts before they will agree to raise the nation's debt ceiling past $31 trillion.
2023-05-22 19:54
Fresh round of debt ceiling talks kick off as US default worries grow
WASHINGTON U.S. President Joe Biden and House Republican Speaker Kevin McCarthy plan to meet over the debt ceiling
2023-05-22 18:28
Debt limit deal remains out of reach as McCarthy and Biden plan to meet again
The countdown is on, the stakes are high -- and there is still no debt limit deal.
2023-05-22 17:27
A Rare Shift in Crypto Volatility Offers Ether a Boost Relative to Bitcoin
Volatility gauges suggest traders expect smaller near-term swings in Ether compared with Bitcoin, a reversal of the usual
2023-05-22 14:56
US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:23
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
The president flies home from the G7 summit amid hopes of a deal with top Republican Kevin McCarthy.
2023-05-22 02:24
Explainer-Could Biden use the 14th Amendment to raise the US debt ceiling?
By Andy Sullivan and Jacqueline Thomsen WASHINGTON President Joe Biden on Sunday said he believes he has the
2023-05-21 23:23
Janet Yellen reaffirms June 1 as hard deadline to raise the debt ceiling
Treasury Secretary Janet Yellen reaffirmed June 1 as the "hard deadline" for the US to raise the debt ceiling or risk defaulting on its obligations.
2023-05-21 23:18