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 20:56
Stocks Traders Shun Leverage With Debt-Cap Deadline Approaching
For equity investors transfixed by a debt-ceiling standoff that risks pushing the US government into an unprecedented default,
2023-05-27 20:52
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 20:27
Why it's so hard to pinpoint the X-date, when the US defaults
For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.
2023-05-27 20:25
Credit ratings agencies like Moody's decide the US credit rating. Here's what you need to know about them
Credit rating agencies are once again in the spotlight amid the ongoing high-stakes debt ceiling negotiations in Washington. What are they, and how do they decide the US sovereign debt rating?
2023-05-27 18:59
Charting the Global Economy: German Growth Outlook Deteriorates
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-27 17:23
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 17:20
Last-Minute Green Deal Hiccups Expose EU Concerns Over Political Costs
Leaders and companies in Europe’s biggest markets are increasingly balking at the ambitious pace of the continent’s green
2023-05-27 14:19
What Milton Friedman Wrote to Otmar Issing at Creation of ECB
When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago,
2023-05-27 14:15
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:49
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:29
US, Japan Commerce Chiefs Agree to Develop Next-Generation Chips
Top US and Japan commerce officials agreed to work together to explore the development of next generation semiconductors
2023-05-27 11:52