Fed monetary policy mechanics would be tested by US debt default
By Michael S. Derby NEW YORK A default on U.S. Treasury debt would be a leap into the
2023-05-16 02:48
US Treasury's Adeyemo dismisses platinum coin to skirt debt ceiling
By David Lawder and Susan Heavey WASHINGTON The U.S. Deputy Treasury Secretary on Monday dismissed the idea of
2023-05-16 00:55
Americans' debt surpasses $17 trillion for the first time
Americans' debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly less stable.
2023-05-15 23:25
African Devt Bank proposes 'fast track' compensation for Zimbabwe white ex-farmers
By Nyasha Chingono HARARE The African Development Bank (AFDB) has developed financial instruments to "fast track and front
2023-05-15 19:53
Explainer-Biden's budget vs. House debt limit bill on spending, deficits, taxes
By David Lawder WASHINGTON President Joe Biden's administration and Republicans in the U.S. Congress are in talks to
2023-05-15 18:23
In critical week, Biden, Republicans search for outline of debt-limit deal
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON President Joe Biden and congressional Republicans enter a critical
2023-05-15 18:20
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON As talks over raising the U.S. government's $31.4 trillion debt
2023-05-15 18:18
Biden expects to meet lawmakers Tuesday for debt talks
REHOBOTH BEACH, Delaware U.S. President Joe Biden said he expects to meet with Congressional leaders Tuesday for talks
2023-05-15 05:55
Top Treasury official says debt limit talks have been 'constructive'
A top US economic official said Sunday that talks between congressional staff and the White House have been "constructive" as the US barrels toward a debt limit deadline that could come as soon as June 1.
2023-05-15 01:20
Biden says US debt ceiling talks are moving along
WASHINGTON President Joe Biden said on Saturday that talks with Congress on raising the U.S. government's debt limit
2023-05-14 01:16
Yellen hopeful of a solution to 'more difficult' debt ceiling showdown
By Andrea Shalal NIIGATA, Japan Treasury Secretary Janet Yellen on Saturday called the showdown over raising the U.S.
2023-05-13 12:55
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:55