US Long-Term Inflation Expectations Retreat From 12-Year High
US long-term inflation expectations retreated in May from earlier in the month, but consumer sentiment remained lower amid
2023-05-26 22:55
'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 22:17
Deputy Treasury secretary rules out possibility of using 14th Amendment to raise debt ceiling
Invoking the 14th Amendment to lift the borrowing cap on the US debt ceiling as a way to work around slow-moving negotiations is not an option, Deputy Treasury Secretary Wally Adeyemo told CNN Friday, the administration's most definitive response yet to an unlikely option demanded by some progressives.
2023-05-26 21:25
Instant view: Stubborn US April PCE inflation revives focus on June Fed hike
NEW YORK U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the
2023-05-26 21:23
An unexpected increase: Fed's favorite inflation measure heated up last month
The Federal Reserve's preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell's warning that reining in price hikes "is likely to be bumpy," but also increasing the odds for further rate hikes.
2023-05-26 20:59
New DIRECTV STREAM Customers Will Receive Priority Registration For Telly’s 55” Dual-Screen Television at No Cost
LOS ANGELES--(BUSINESS WIRE)--May 26, 2023--
2023-05-26 20:29
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:22
Renault CEO says Euro 7 regulation distracting industry from electrification
MILAN Renault's chief executive said on Friday the European Union's proposed Euro 7 emissions rules for vehicles would
2023-05-26 20:20
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
2023-05-26 20:19
Turkey's bitter election battle nears decision day
Turkey on Friday entered the final stretch of a bitter presidential campaign that has seen Recep Tayyip Erdogan and his secular rival exploit fears...
2023-05-26 20:15
Why Wall Street cares more about Nvidia than the debt ceiling
The debt ceiling debate and possibility that the United States could default on its financial obligations have hung over the heads of investors for nearly six months now. But Wall Street appears to be largely shrugging off the ongoing negotiations as noise, opting instead to focus on a better-than-expected first quarter earnings season.
2023-05-26 19:58
U.S. Treasury's Adeyemo sees no ability to 'triage' payments without debt limit hike
WASHINGTON Deputy U.S. Treasury Secretary Wally Adeyemo said on Friday that the U.S. government does not have the
2023-05-26 19:56