These companies are winners in the debt ceiling deal
The debt ceiling deal in Washington did not set off a celebration in the stock market. But the bipartisan compromise is causing fireworks for some companies that have emerged as winners.
2023-05-30 23:53
Nvidia joins the $1 trillion club
Stellar earnings and a huge surge in share price have landed Nvidia a prime spot in one of the most exclusive clubs on Wall Street: The chipmaker hit a market cap of $1 trillion on Tuesday.
2023-05-30 22:54
Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here's what happened next.
The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.
2023-05-30 21:30
How crypto is dealing with the debt ceiling turmoil
Cryptocurrencies are often characterized by their wild price swings and volatility, but stablecoins are digital currencies designed to do the opposite — to hold a steady value.
2023-05-30 19:48
China urges Japan to end curbs on chip exports
China's commerce minister has urged Japan to end its newly announced curbs on exports of chipmaking equipment, saying it would hurt economic and trade relations between the two countries.
2023-05-30 12:26
Debt ceiling deal exposes Biden and McCarthy's weaknesses with their parties' extremes
President Joe Biden and House Speaker Kevin McCarthy convinced themselves of a compromise deal to slow federal spending and replenish the near-empty treasury with borrowed cash.
2023-05-30 12:23
31 billionaires are worth more than the US Treasury has in cash
Cash levels at the US Treasury are tumbling toward a dangerously low level as Washington waits until the last minute to raise the debt ceiling.
2023-05-30 01:58
Corporate America celebrates debt ceiling deal and urges Congress to quickly pass legislation
Leading business groups are praising President Joe Biden and House Speaker Kevin McCarthy for forging a bipartisan agreement to raise the debt ceiling, and they are calling for Congress to pass the legislation before the government suffers a devastating default.
2023-05-29 22:59
The world's biggest ad agency is going all in on AI with Nvidia's help
WPP, the world's largest advertising agency, has teamed up with chipmaker Nvidia to create ads using generative artificial intelligence.
2023-05-29 21:20
Liz Weston: 5 ways to simplify and reduce your money clutter
Streamline how you manage your money to save yourself time and reduce stress
2023-05-29 20:29
Here's what's open and closed on Memorial Day 2023
The last Monday of May honors and mourns members of the US armed forces who died serving the country. This year, Memorial Day is on Monday, May 29.
2023-05-29 19:59
Private jets get a bad rap. This company is trying to make them greener
Private aviation company Jetex is deploying sustainable aviation fuels, and making its terminals more sustainable.
2023-05-29 16:16