CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:52
Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the
2023-05-18 00:51
Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip
President Joe Biden expressed confidence that negotiators would reach an agreement to avoid a catastrophic default, even as
2023-05-18 00:29
Biden supported these work requirements for public aid in the past
With work requirements for safety net programs emerging as a central issue in the debt ceiling negotiations, President Joe Biden's past support of such mandates is a point of optimism for Republicans and of concern for his fellow Democrats.
2023-05-18 00:27
IRS chief acknowledges Black taxpayers face higher probability of being audited
Internal Revenue Service Commissioner Daniel Werfel acknowledged in a letter to the US Senate on Monday that Black taxpayers are audited at significantly higher rates than non-Black taxpayers, a revelation he said has left the agency "deeply concerned."
2023-05-17 23:48
FedEx Express pilots vote in support of strike - ALPA union
Pilots of FedEx Express, a unit of FedEx Corp, have voted "overwhelmingly" in support of a strike, the
2023-05-17 23:48
Ukraine Grain Export Deal Extended for Two Months, Erdogan Says
A deal allowing Ukraine to export crops from key ports via the Black Sea will be extended by
2023-05-17 22:57
NY Fed report finds decline in downside economic risks
By Michael S. Derby NEW YORK Risks to the economic outlook in a time of a rapid Federal
2023-05-17 22:54
US debt ceiling: New negotiators aim to break deadlock
President Joe Biden has cut short a foreign trip as both sides race to strike a deal before 1 June.
2023-05-17 22:50
How to protect your investments in the debt ceiling standoff
No one can say yet which day the US Treasury would no longer be able to pay all the bills of the United States in full and on time if lawmakers refuse to raise the debt limit.
2023-05-17 22:48
India Launches $2 Billion Drive to Woo Laptop Makers Like Apple
India is unveiling a 170 billion-rupee ($2.1 billion) financial incentive plan to draw makers of laptops, tablets and
2023-05-17 22:29
Analysis-Overexposed US regional banks could sell commercial property loans
By Matt Tracy Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans
2023-05-17 21:58