How the debt ceiling showdown could play into China's hands and weaken US global power
President Joe Biden's pledge to the world that "America is back" after a period of political turbulence is looking a little shaky after a debt showdown with Republicans forced him to shorten an Asia-Pacific trip designed to showcase US power amid a challenge from China.
2023-05-17 12:25
Pfizer plans to raise $31 billion from debt offering to finance Seagen takeover
Pfizer Inc said on Tuesday it plans to raise $31 billion from a debt offering to finance its
2023-05-17 07:55
Reaction to Biden-McCarthy debt ceiling meeting
WASHINGTON President Joe Biden and top Republican lawmakers met at the White House for less than an hour
2023-05-17 06:20
Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:25
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:27
Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
2023-05-16 21:26
Biden, McCarthy to meet as US debt-ceiling talks come down to wire
By David Morgan and Jarrett Renshaw WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy will sit
2023-05-16 19:48
Three in four Americans worry debt-ceiling default could hurt them: Reuters/Ipsos poll
By Andy Sullivan WASHINGTON Americans are worried about the prospect of the U.S. government defaulting if Congress fails
2023-05-16 18:18
US economy 'hangs in the balance' as debt limit impasse drag on - Yellen
By Andrea Shalal WASHINGTON The standoff over the federal debt limit is already having dire consequences for the
2023-05-16 18:15
US on track for June 1 default without debt ceiling hike, Treasury says
By David Lawder, Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury Department reiterated Monday it expects to be able to pay
2023-05-16 15:48