Wuhan is pressing hundreds of Chinese firms to repay their debts in rare public warning
Wuhan, the largest city in central China, has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights the dire financial situation facing many of the country's municipal governments amid economic uncertainty.
2023-05-29 17:19
Asian shares rise as investors cheer US debt ceiling agreement
Asian stocks mostly rose on Monday as investors cheered an agreement in principle between the White House and House Republicans to raise the US debt ceiling that could avert a cataclysmic default.
2023-05-29 11:50
Poor GenXers without dependents targeted by US debt ceiling work requirements
WASHINGTON The debt ceiling deal that U.S. President Joe Biden and House Republican Kevin McCarthy agreed over the
2023-05-29 08:51
IRS funding cut won't hurt near-term tax collection, officials say
WASHINGTON The budget deal struck by President Joe Biden and House Speaker Kevin McCarthy to end a debt-limit
2023-05-29 07:48
Analysis: Debt deal could boost unloved corners of U.S. stock market, though risks loom
By Laura Matthews and Chibuike Oguh Global investors are gaming out how a tentative deal to raise the
2023-05-29 05:59
McCarthy says US debt ceiling deal popular with House Republicans
WASHINGTON U.S. House Speaker Kevin McCarthy on Sunday said he expects a debt ceiling deal he struck with
2023-05-28 21:55
US Representative Chip Roy says 'we're going to try' to stop debt ceiling deal
WASHINGTON U.S. Representative Chip Roy of Texas said on Sunday on Twitter that he intended to try to
2023-05-28 21:25
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
Here's what's in the debt ceiling deal
After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to raise the debt ceiling and cap spending.
2023-05-28 19:15
This is the calamity Washington is trying to avoid with a debt ceiling deal
As debt ceiling drama in Washington continues to unfold, the US could reach a day when it can't meet its financial obligations. In the debt limit fight, a missed payment is different than a debt default.
2023-05-28 17:28
McCarthy's next challenge: sell debt ceiling deal in Congress
By Moira Warburton, Katharine Jackson and Gram Slattery WASHINGTON After tough negotiations to reach a tentative deal with
2023-05-28 14:22
Biden and McCarthy race to sell their debt ceiling deal to lawmakers before the government runs out of money
The "agreement in principle" clinched by House Republicans and the White House late Saturday to raise the nation's borrowing limit was the culmination of mad-dash negotiations over the course of the past week that regularly stretched late into the night.
2023-05-28 12:21