Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
2023-05-16 21:15
US retail sales miss expectations, but core sales strong
WASHINGTON U.S. retail sales increased less than expected in April, but the underlying trend was solid, suggesting that
2023-05-16 20:55
Retail spending rebounded in April
Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.
2023-05-16 20:51
Fed's Mester says central bank committed to getting back to 2% inflation
By Michael S. Derby NEW YORK Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday the U.S.
2023-05-16 20:28
Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding
2023-05-16 18:51
US economy 'hangs in the balance' as debt limit impasse drag on - Yellen
By Andrea Shalal WASHINGTON The standoff over the federal debt limit is already having dire consequences for the
2023-05-16 18:25
Marketmind: Biden, Republicans set for debt ceiling face-off
A look at the day ahead in U.S. and global markets from Samuel Indyk. Another day, another meeting
2023-05-16 18:25
Three in four Americans worry debt-ceiling default could hurt them: Reuters/Ipsos poll
By Andy Sullivan WASHINGTON Americans are worried about the prospect of the U.S. government defaulting if Congress fails
2023-05-16 18:21
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
By David Morgan and Jarrett Renshaw WASHINGTON Democratic President Joe Biden and top congressional Republican Kevin McCarthy will
2023-05-16 18:17
Powell's legacy tested by inflation, bank crisis, new Fed dynamics
By Howard Schneider WASHINGTON Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic
2023-05-16 18:16
Futures flat ahead of debt ceiling talks, data
U.S. stock index futures were flat on Tuesday ahead of critical debt limit talks, and retail sales data
2023-05-16 17:54
Biden administration announces $11 billion for rural clean energy projects
By Leah Douglas WASHINGTON Rural electric cooperatives, utilities, and other energy providers will soon be able to apply
2023-05-16 17:19