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 01:17
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 19:49
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON As talks over raising the U.S. government's $31.4 trillion debt
2023-05-22 12:26
US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:20
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
The president flies home from the G7 summit amid hopes of a deal with top Republican Kevin McCarthy.
2023-05-22 02:26
Treasury burns through funds amid bumpy debt ceiling talks
The Treasury Department is steadily draining the funds it has to pay the nation's bills during the debt ceiling impasse.
2023-05-20 07:19
US debt ceiling: Republicans hit pause on negotiations for now
The lead Republican negotiator walks out of a closed-door meeting with White House representatives.
2023-05-20 01:55
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