Fed’s Goolsbee Warns US Default ‘Extremely Negative’ For Economy
Federal Reserve Bank of Chicago President Austan Goolsbee expressed optimism that there’s bipartisan support for a tentative deal
2023-05-29 00:24
Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge
Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about
2023-05-28 22:18
McCarthy Says Debt Deal ‘Doesn’t Do Everything for Everyone’
House Speaker Kevin McCarthy acknowledged that the debt-ceiling deal negotiated with the White House is likely to face
2023-05-28 21:56
The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street
A shakeup is brewing in the $1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes
2023-05-28 20:56
Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the
2023-05-28 20:27
White House, Republicans Reach Deal to Avert US Default
White House and Republican negotiators reached a tentative deal to raise the US debt ceiling and avert a
2023-05-28 09:18
Texas AG Ken Paxton Impeached by Republican-Led State House
Texas Attorney General Ken Paxton was impeached in an extraordinary vote by the state’s Republican-dominated House of Representatives,
2023-05-28 06:25
ECB Near ‘Top of Ladder’ on Rate Tightening, Makhlouf Says
The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to
2023-05-27 22:17
‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities
The US is becoming increasingly split between high-priced cities where the rich and powerful congregate and more affordable
2023-05-27 21:26
Key GOP Negotiator Says ‘Thorny’ Issues Unsettled in Debt Deal
Representative Patrick McHenry said Saturday that there are still “thorny issues” in the negotiations between House Republicans and
2023-05-27 20:45
Your Saturday UK Briefing: Problems in the UK? Blame Inflation
Hello from London, where as one of our senior editors put it, a recession is fine as long
2023-05-27 20:24
Iceland Wage Restraint Needed to Slow Hikes, Central Banker Says
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the
2023-05-27 17:24