Yellen warns Congress again that default could be just days away
Treasury Secretary Janet Yellen reinforced her warning to Congress that it has only a little time left to address the debt ceiling before the nation defaults on its obligations.
2023-05-23 04:54
Buy the dip? If the debt ceiling isn't resolved soon, markets will likely slide
If the United States defaults on its debt, it would be catastrophic for the economy. Millions of jobs would be impacted, the cost of borrowing money would skyrocket and government benefits many people rely wouldn't be sent on time.
2023-05-23 03:28
JPMorgan commercial bank expands startup focus with new hires
By Nupur Anand and Lananh Nguyen NEW YORK JPMorgan Chase & Co is beefing up its commercial banking
2023-05-23 02:48
Why we may need a stock market plunge to solve the debt ceiling crisis
Wall Street is taking a no-worries attitude about the ticking time bomb in Washington that threatens to blow up the world economy. That might be a problem.
2023-05-23 01:15
Bangladesh struggling to pay for fuel due to dollar shortage, letters show
By Ruma Paul DHAKA (Reuters) -Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters from
2023-05-22 21:20
Get up to speed on the US debt drama
House Republicans are insisting on spending cuts before they will agree to raise the nation's debt ceiling past $31 trillion.
2023-05-22 19:58
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.
2023-05-22 19:49
Debt limit deal remains out of reach as McCarthy and Biden plan to meet again
The countdown is on, the stakes are high -- and there is still no debt limit deal.
2023-05-22 17:25
India Removing 2,000 Rupee Note May Spur Gold, Property Rush
India withdrawing its highest value currency notes from circulation may push some consumers to buy precious metals and
2023-05-22 14:51
Newcrest Gold Mine Faces Probe for Dust Pollution in Australia
Newcrest Mining Ltd., being taken over by Newmont Corp., is facing an investigation by Australian environmental authorities following
2023-05-22 10:45
Missing Recovery Leaves China’s Metals Bears In Charge
The first gathering of the Asian metals community since the pandemic should have been a celebration, fueled by
2023-05-22 09:16
China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:18