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 00:21
InfraBuild Secures $350 Million Loan For Purchasing US Assets
InfraBuild Australia Pty, part of Sanjeev Gupta’s metals empire, has secured an asset-backed term loan for $350 million
2023-05-28 23:28
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 22:28
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 21:47
Don't expect the stock markets to rejoice about the debt ceiling deal
You'd expect the stock market to surge after the White House and House Republicans reached a tentative deal to raise the debt ceiling, But markets may have other plans.
2023-05-28 20:48
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 20:45
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 20:21
Starmer Plans to Block New North Sea Projects: The Times
UK Labour and opposition leader Keir Starmer will announce proposals to block all new North Sea oil and
2023-05-28 20:19
Czech Central Banker Holub Favors Raising Interest Rates Further
The Czech central bank should raise interest rates further to prevent high inflation from becoming entrenched in the
2023-05-28 20:15
Gas Price Plunge Brings Relief to Europe After Energy Panic
European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies
2023-05-28 16:18
Key Takeaways From Deal Biden, GOP Sealed to Avert US Default
President Joe Biden and House Speaker Kevin McCarthy compromised on bitterly contested disputes over federal spending and assistance
2023-05-28 10:59
Debt-Limit Deal Sets Up Tough Battle for Passage in Congress
Getting a US debt-limit deal is one thing. Overcoming entrenched political divisions and time-consuming procedural hurdles to pass
2023-05-28 10:24