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 core capital goods orders unexpectedly rebound in April
WASHINGTON New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending
2023-05-26 21:15
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:27
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
2023-05-26 20:21
Comcast's CEO Is Considering His Next Big Move In the Transforming Media Landscape
Comcast Corp. Chief Executive Officer Brian Roberts has a penchant for lining up a huge deal around every
2023-05-26 20:00
Ukraine Recap: Russia Strikes Hospital; Chinese Envoy in Moscow
At least one person was killed and 23 injured after a Russian missile struck a hospital and veterinary
2023-05-26 20:00
BofA Strategist Warns of Equity Stress as 2023 Flows Turn Flat
The three-year run of investors pouring cash into stocks has run out of steam, according to a note
2023-05-26 19:57
Embraer exec sees no sales hit from Pratt & Whitney engine woes
LISBON The head of Brazilian Embraer's planemaking division dismissed concerns that problems at engine supplier Pratt & Whitney
2023-05-26 19:49
French Drugmaker Weighs Bids For Scottish Site Behind Covid Debacle
Valneva SE has been approached by about a dozen potential buyers for its Scottish manufacturing site, according to
2023-05-26 19:48
Popular Hedge-Fund Trade Draws Fresh Scrutiny as Debt Battle Rages On
A highly leveraged bond trade that’s become popular with hedge funds is drawing fresh scrutiny three years after
2023-05-26 19:48
U.S. Treasury's Adeyemo sees no ability to 'triage' payments without debt limit hike
WASHINGTON Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the
2023-05-26 19:47
Court says Hugh Grant's lawsuit alleging illegal snooping by The Sun tabloid can go to trial
A London court has rejected an attempt by the publisher of The Sun newspaper to throw out a lawsuit by actor Hugh Grant alleging that journalists and investigators it hired illegally snooped on him
2023-05-26 19:25