Bola Tinubu inauguration: The five tests awaiting Nigeria's new president
Bola Tinubu is taking over the presidency of Nigeria - a giant nation with gigantic problems.
2023-05-27 07:53
Congress must address debt ceiling by June 5, Yellen warns
Congress must address the debt ceiling by June 5 or the US Treasury will not have enough funds to pay all of the nation's obligations in full and on time, Treasury Secretary Janet Yellen said Friday.
2023-05-27 04:19
Ad-Free Twitch Turbo Gets Price Hike
Live-streaming platform Twitch is raising the monthly price of its ad-free monthly subscription service Turbo
2023-05-26 23:53
Deputy Treasury secretary rules out possibility of using 14th Amendment to raise debt ceiling
Invoking the 14th Amendment to lift the borrowing cap on the US debt ceiling as a way to work around slow-moving negotiations is not an option, Deputy Treasury Secretary Wally Adeyemo told CNN Friday, the administration's most definitive response yet to an unlikely option demanded by some progressives.
2023-05-26 21:16
US consumer spending beats expectations in April; inflation picks up
WASHINGTON (Reuters - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second
2023-05-26 20:48
Why Wall Street cares more about Nvidia than the debt ceiling
The debt ceiling debate and possibility that the United States could default on its financial obligations have hung over the heads of investors for nearly six months now. But Wall Street appears to be largely shrugging off the ongoing negotiations as noise, opting instead to focus on a better-than-expected first quarter earnings season.
2023-05-26 19:46
Factbox-Top US credit rating under watch as debt ceiling talks drag on
Drawn-out negotiations between the White House and Republicans to raise the $31.4 trillion debt ceiling have unnerved markets
2023-05-26 19:24
Column-Sterling caught between rate spike and gilt rupture: Mike Dolan
By Mike Dolan LONDON Britain's interest rate horizon skyrocketed this week on another alarming inflation reading that some
2023-05-26 14:28
Analysis-Investing in AI: how to avoid the hype
By Naomi Rovnick LONDONExperienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is
2023-05-26 13:28
Inside the Treasury Department team monitoring early economic warning signs as default threat looms
Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
2023-05-26 06:51
US default fears spark clearing house collateral scrutiny
By John McCrank, Laura Matthews and Michelle Price WASHINGTON Clearing houses and their members are working out how
2023-05-26 06:21
Power transmission deal being mulled in US debt limit talks -sources
By Timothy Gardner and Jarrett Renshaw WASHINGTON A bill to boost power transmission between U.S. regions is being
2023-05-26 05:46