US Default Scenarios Span From Localized Pain to Dimon’s ‘Panic’
Investment bank clients are peppering Wall Street with questions about what happens if the US Treasury in coming
1970-01-01 08:00
The Fear Premium in Bills Is Growing as Debt-Cap Fight Drags On
Investors have jacked up sharply the premium they demand to hold US paper that’s most at risk of
1970-01-01 08:00
Israel Extends Record-Long Rate Hikes After Politics Hurt Shekel
Israel delivered an unprecedented 10th consecutive interest-rate hike, with a top central banker saying political uncertainty linked to
1970-01-01 08:00
Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Federal Reserve Bank of St. Louis President James Bullard backed two more 2023 interest-rate increases and his Minneapolis
1970-01-01 08:00
Traders Brace for Volatility With US Debt Deal Still Elusive
Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch
1970-01-01 08:00
Investors Seek Shelter in Emerging Markets as Recession Risk Hits US
Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey
1970-01-01 08:00
Biden to Speak With McCarthy on Stalled Debt-Limit Talks
President Joe Biden will hold a call with House Speaker Kevin McCarthy about the debt-ceiling and budget negotiations
1970-01-01 08:00
US Exposure Is Next Headache for Europe Inc. as Dollar Slides
Behind the facade of Europe’s forecast-beating company earnings, cracks are appearing as exporters start to feel the pinch
1970-01-01 08:00
Biden Seeks to Call McCarthy After Debt-Limit Talks Hit Impasse
President Joe Biden directed his aides to schedule a call on Sunday with House Speaker Kevin McCarthy, after
1970-01-01 08:00
Australia’s Minimum Wage Gain Must Match Inflation, Burke Says
Australian Employment Minister Tony Burke strongly backed an increase in the minimum wage that matches inflation, arguing the
1970-01-01 08:00
New Zealand, BlueScope Spend $188 Million to Cut Steel Emissions
New Zealand’s government and BlueScope Steel Ltd.’s local unit will spend NZ$300 million ($188 million) to upgrade a
1970-01-01 08:00
US Inflation Set to Stay Firm in Challenge for the Fed
The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal
1970-01-01 08:00