Jamie Dimon told House Democrats that Congress should 'get rid of' the debt ceiling, source says
During a closed-door lunch on Tuesday, JPMorgan Chase CEO Jamie Dimon told moderate House Democrats that Congress should abolish the debt ceiling, a person familiar with the matter tells CNN.
2023-06-07 05:26
Debt ceiling package does little to address America's major fiscal problems
Although it's named the Fiscal Responsibility Act, the compromise debt ceiling package that President Joe Biden signed into law this past weekend doesn't do much to fix the nation's enormous financial challenges.
2023-06-06 20:54
Biden signs debt ceiling deal into law, averting historic default
President Joe Biden signed into law Saturday a bill to suspend the nation's debt limit through January 1, 2025, to avert a first-ever US default.
2023-06-04 01:53
Veterans, stalemates and sleepless nights: Inside the White House strategy to strike the debt ceiling deal
President Joe Biden sat behind the Resolute Desk in his first evening Oval Office address with a clear purpose: to deliver the final word.
2023-06-03 17:25
Biden hails debt ceiling deal as 'crisis averted'
The US president said he will sign the debt deal into law on Saturday.
2023-06-03 07:47
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:29
The Senate just passed the debt ceiling bill. Here's what happens next
The faucets at the US Department of the Treasury are set to turn back on after nearly five months of frozen pipes.
2023-06-02 19:26
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:26
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:18
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK Large U.S. companies have been on a bond
2023-06-01 12:29
Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-01 10:26