Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
1970-01-01 08:00
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
1970-01-01 08:00
Jamie Dimon warns of a commercial real estate downturn
Economists are concerned about the $20 trillion commercial real estate (CRE) industry and so is JPMorgan Chase CEO Jamie Dimon.
1970-01-01 08:00
Debt ceiling woes could kill dealmaking on Wall Street
Mergers and acquisitions are Wall Street's bread and butter. When companies combine, or one company buys another, it creates opportunities for investors and banks to make money by providing advice or finance for the transaction.
1970-01-01 08:00
Hong Kong exchange to roll out new dual counter model in June
The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on
1970-01-01 08:00
Angry lawmakers accuse Fed of inaction in insider trading investigation
Congressional lawmakers grilled Federal Reserve Inspector General Mark Bialek Wednesday over possible insider trading among Fed officials in 2020, accusing the nation's central bank of inaction.
1970-01-01 08:00
What caused regional banks to fail? Senators blame excessive CEO pay
US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus payouts as the financial institutions struggled to stay afloat.
1970-01-01 08:00
Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
1970-01-01 08:00
Pokemon Scarlet and Violet TCG Release Date
Pokemon Scarlet and Violet are scheduled to release on Nov. 18. When can fans of the Pokemon Trading Card Game expect to see Pokemon from Scarlet and Violet reach the TCG?
1970-01-01 08:00
What happens if the debt ceiling and banking crisis collide?
President Joe Biden said over the weekend that debt ceiling negotiations were moving along and that talks between the White House and House Speaker Kevin McCarthy would resume on Tuesday.
1970-01-01 08:00
Why current US recession warnings are unlike all the others
Economic experts are once again ringing the alarm bells over an imminent downturn. A US recession is coming, they say, in the second half of 2023. That time frame begins less than three weeks from now.
1970-01-01 08:00
Jerome Powell is losing America's confidence
Americans are losing faith in Federal Reserve Chair Jerome Powell. That's bad news.
1970-01-01 08:00