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
Biden, McCarthy looking to close US debt ceiling deal for two years
By Richard Cowan, Andy Sullivan and Jarrett Renshaw WASHINGTON The White House and congressional Republicans on Friday are
2023-05-26 18:26
Debt limit negotiators under pressure to reach deal as risk of default grows
There are signs that negotiations over raising the nation's debt limit are gaining momentum, but major differences remain and it's unclear how quickly an agreement could come together. Time is running short as the risk of a first-ever default grows.
2023-05-26 17:27
Turkey election runoff 2023: what you need to know
ISTANBUL Turks vote on Sunday May 28 in a presidential election runoff between the incumbent Tayyip Erdogan and
2023-05-26 16:50
US credit default swaps flash default warning and speculators rush in
By Shankar Ramakrishnan and Nell Mackenzie (Reuters) -A measure of U.S. default risk is flashing red as talks over the
2023-05-26 14:26
Analysis-Wall Street prepares for Treasuries mess as default looms
By Gertrude Chavez-Dreyfuss, Saeed Azhar and Davide Barbuscia NEW YORK Anxiety is increasing in parts of Wall Street
2023-05-26 13:29
Dubai Watchdog Warns on Risks of Crypto’s Global Regulatory Gaps
Dubai’s financial regulator warned that global watchdogs need to step up talks with each other to avoid “bad
2023-05-26 12:54
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON As the United States stares at the risk of a credit downgrade, former Standard
2023-05-26 12:28
Why any debt deal could be just the beginning of the treacherous road to avoiding default
Just six days remain before America could run out of money to pay its bills in a calamity that could trigger a recession and global economic turmoil. Deep divisions remain between the White House and House Republicans over a potential deal under which Congress would vote to raise the government's borrowing limit in exchange for capping spending.
2023-05-26 12:18
Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+
Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change
2023-05-26 09:56
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
New York City Banking Commission votes to freeze Capital One, KeyBank deposits
NEW YORK The New York City Banking Commission voted to freeze the city's deposits at Capital One and
2023-05-26 06:46