US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK U.S. money market fund assets hit a new record of $5.8 trillion this
2023-05-24 12:22
What US Treasury debt payments are at risk of default?
By Davide Barbuscia NEW YORK Wall Street's focus is turning to at-risk U.S. Treasury debt payments as the
2023-05-24 12:19
'Huge backlash': Parties ramp up pressure on Biden and McCarthy to hold the line in debt talks
Last week, the Congressional Progressive Caucus posed a formal ask to its members: were there any proposals they could accept included in the list of GOP demands in exchange for raising the debt ceiling?
2023-05-24 05:53
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON What could happen on Main Street if Washington's political showdown over the debt ceiling
2023-05-24 05:25
The debt ceiling is an awkward place to talk about spending
The debt ceiling snafu, which has the potential to wreck the US economy, is a civics lesson in the bizarrely inefficient way the American government spends your money.
2023-05-24 05:25
America's borrowing is its superpower. A default would tarnish that
Call it American financial exceptionalism: The full faith and credit of the US government goes far, but a default because of the debt ceiling would change that.
2023-05-24 00:15
How you can prepare for a debt default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday, saying she expects the US not to be able to pay all of its bills in early June.
2023-05-23 20:17
Biden and McCarthy aides hunt for bipartisan debt ceiling deal
By Jarrett Renshaw White House and congressional Republican negotiators will meet again on Tuesday to resolve a months-long
2023-05-23 18:27
Biden and McCarthy are projecting optimism, but there's still no debt limit deal
The clock is ticking for President Joe Biden and House Speaker Kevin McCarthy to come to agreement to avoid a first-ever default on the nation's debt. And although there are some positive signs suggesting they're closer to a consensus, there is still no deal.
2023-05-23 17:27
Analysis-US debt ceiling crunch threatens to roil complacent stock market
By Lewis Krauskopf NEW YORK Strategists at some of Wall Street’s biggest banks are sounding increasingly worried about
2023-05-23 13:17
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:17
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