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.
1970-01-01 08:00
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.
1970-01-01 08:00
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.
1970-01-01 08:00
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
1970-01-01 08:00
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.
1970-01-01 08:00
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.
1970-01-01 08:00
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.
1970-01-01 08:00
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.
1970-01-01 08:00
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
1970-01-01 08:00
Yellen says June 1 is 'hard deadline' for raising debt ceiling
WASHINGTON U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the
1970-01-01 08:00
Biden says won't agree to bipartisan deal on debt solely on Republicans' terms
HIROSHIMA, Japan U.S. President Joe Biden on Sunday said he would not agree to a deal with Republicans
1970-01-01 08:00
Biden asks aides to arrange call with McCarthy as debt ceiling talks appear stalled
President Joe Biden has asked to speak with House Speaker Kevin McCarthy once his meetings conclude in Japan, in hopes of helping to put negotiations to raise the US debt ceiling -- which have appeared mostly stalled since Friday -- back on track.
1970-01-01 08:00