Oil Edges Higher as Traders Track Talks to Head Off US Default
Oil rose after US House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk
2023-05-23 08:20
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:25
Treasury confirms U.S. default as early as June 1 without debt ceiling hike
By Andrea Shalal and David Lawder WASHINGTON The U.S. Treasury Department reiterated Monday it expects to be able
2023-05-23 04:56
Buy the dip? If the debt ceiling isn't resolved soon, markets will likely slide
If the United States defaults on its debt, it would be catastrophic for the economy. Millions of jobs would be impacted, the cost of borrowing money would skyrocket and government benefits many people rely wouldn't be sent on time.
2023-05-23 03:25
ECB's de Cos still sees 'some way to go' on policy tightening
MADRID The European Central Bank still needs to raise its interest rates further and then leave them in
2023-05-23 01:58
More cash, fewer bonds: How corporate America can prepare for a US default
The White House and congressional Republicans have yet to reach a debt ceiling deal, and a US default looms. Business owners, and the rest of the country, are in wait-and-see mode, bracing for possible recession and job losses should a default happen.
2023-05-23 01:29
Why we may need a stock market plunge to solve the debt ceiling crisis
Wall Street is taking a no-worries attitude about the ticking time bomb in Washington that threatens to blow up the world economy. That might be a problem.
2023-05-23 01:17
USTR requests labor rights probe at Goodyear Tire plant in Mexico
WASHINGTON The U.S. Trade Representative's office on Monday said it has asked Mexico to investigate labor rights denial
2023-05-22 23:58
Four Accused of Violating German Law in Turkish Spyware Deal
A prosecutor in Germany has indicted former executives of surveillance technology company FinFisher GmbH, accusing them of unlawfully
2023-05-22 23:24
Messi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar Makeover
Saudi Arabia’s tab for using icons of western popular culture to enhance its stature and sway on the
2023-05-22 22:55
Bangladesh struggling to pay for fuel due to dollar shortage, letters show
By Ruma Paul DHAKA (Reuters) -Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters from
2023-05-22 21:21
Get up to speed on the US debt drama
House Republicans are insisting on spending cuts before they will agree to raise the nation's debt ceiling past $31 trillion.
2023-05-22 19:54