Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:49
Biden to hammer Republican budget cuts which target his student loan forgiveness plans
When President Joe Biden speaks at a community college in New York on Wednesday, he's expected to hit Republicans hard for budget cuts they are demanding as part of their bill to raise the debt ceiling.
2023-05-10 19:26
U.S. prosecutors look at short selling in bank shares - source
By Chris Prentice NEW YORK Federal prosecutors in Washington are looking into short seller activity around the recent
2023-05-10 18:46
US credit crunch didn't start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON It wasn't the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver,
2023-05-10 18:25
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve's willingness to end
2023-05-10 18:24
US debt ceiling standoff talks look at COVID clawbacks, energy permits
By Richard Cowan and Katharine Jackson WASHINGTON Talks on raising the U.S. federal government's $31.4 trillion debt ceiling
2023-05-10 18:18
The Fed would look 'silly' if it declares victory over inflation now, warns billionaire investor David Rubenstein
Wall Street is betting the Federal Reserve will reverse course and begin slashing interest rates as soon as this summer. Billionaire David Rubenstein is warning that would be a mistake.
2023-05-10 17:58
Ukraine Latest: Kyiv Well Supplied for Counteroffensive, US Says
Ukrainian forces have the weapons, the training and the “right plans” ahead of an expected counteroffensive, US Secretary
2023-05-10 17:48
VW Annual Meeting Hit by Protests Over Climate Strategy, China
Volkswagen AG shareholders gathering in Berlin contended with climate protesters blocking access to the venue after gluing themselves
2023-05-10 17:45
Hong Kong Passes Law Barring Foreign Lawyers From Security Cases
Hong Kong legislators have granted the city’s leader the power to veto foreign lawyers from national security cases,
2023-05-10 16:29
Pakistan rupee weakens to record low after Imran Khan arrest
By Ariba Shahid KARACHI, Pakistan The Pakistani rupee weakened 1.3% to a new record low of 288.5 against
2023-05-10 16:23
Pakistan Latest: Khan Legal Team Denied Access Ahead of Hearing
Former Pakistan premier Imran Khan appeared before a special court as it began hearing a case about granting
2023-05-10 16:16