'The mother of all crises.' A US debt default would ricochet around the world
The global economy has been hit by two huge shocks in three years. It might be about to suffer a third in the shape of a US debt crisis.
2023-05-26 22:27
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
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
Explainer-What would happen to a Treasury after default? Six key questions
By Karen Brettell The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't
2023-05-26 03:25
US debt ceiling: Congress heads home for holiday without a deal
"We're gonna work 24/7", says House Speaker Kevin McCarthy as time runs low to raise the debt ceiling.
2023-05-26 01:59
How to protect your investments and finances as debt default worries grow
Treasury Secretary Janet Yellen earlier this week reaffirmed Thursday June 1 as the deadline for the government to act. But with that X-date only one week away, there's still no deal to raise the debt ceiling -- putting Americans' finances in danger.
2023-05-25 23:45
Why China and Japan are praying the US won't default
As the clock ticks down toward an unprecedented US debt default, the world's second- and third-biggest economies are watching in fear.
2023-05-25 20:23
EF Hutton, bank behind Trump's SPAC deal, rules over IPO drought
By Echo Wang NEW YORK EF Hutton, the small investment bank that arranged a deal for the stock
2023-05-25 04:21
From Social Security to your investments, here's how to prepare for a US default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday. How can Americans prepare for a US default if the debt limit doesn't get raised?
2023-05-25 01:52
JPMorgan can sue former executive Staley over Epstein ties--US judge
NEW YORK A U.S. judge on Wednesday rejected former JPMorgan Chase & Co executive Jes Staley's bid to
2023-05-25 00:22
Lula Lashes Out and Sends Warning to Central Bankers Everywhere
There are few, if any, leaders in the world who are publicly lashing out at central bankers more
2023-05-24 07:25
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON What could happen on Main Street if Washington's political showdown over the debt ceiling
2023-05-24 05:23