ECB Near ‘Top of Ladder’ on Rate Tightening, Makhlouf Says
The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to
2023-05-27 22:26
No Picnics for Debt Negotiators: Your Saturday US Briefing
Happy Memorial Day weekend. Summer officially kicks off here in the US and it’s time to break out
2023-05-27 22:20
‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities
The US is becoming increasingly split between high-priced cities where the rich and powerful congregate and more affordable
2023-05-27 21:25
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
Debt limit negotiators race the clock to finalize debt deal as risk of default grows
White House and House GOP negotiators are racing to finalize a deal to raise the nation's debt limit as early as Saturday with time running perilously short and the risk of a first-ever US default growing.
2023-05-27 20:51
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
Taylor Swift sets summer's hottest dress code: Sequins, boots, cowboy hats
With Taylor Swift pulling in record-breaking crowds for "The Eras Tour," retailers across the country are marketing to "Swifties" as her concerts hit their town. Sparkly sequined dresses, cowboy hats and boots are the hottest dress code of summer 2023.
2023-05-27 19:25
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
Ketchup inflation hits your weekend barbeque
Planning on squirting some ketchup on your hot dog at a barbecue this weekend? You may be seeing red. Inflation has caught up to ketchup.
2023-05-27 18:28
Swedish Landlord SBB Gets Second Junk Rating as Crisis Worsens
Pressure is mounting on the landlord at the center of Sweden’s property crisis after the company’s credit rating
2023-05-27 18:26