Why China and Japan are praying the US won't default
As the clock ticks down toward an unprecedented US debt default, the world's second- and third-biggest economies are watching in fear.
2023-05-25 20:30
DBRS Morningstar puts U.S. triple-A rating on downgrade warning
LONDON Credit rating agency DBRS Morningstar put its rating for the United States on review for a downgrade
2023-05-25 19:52
White House, Republicans seek to close US debt-ceiling deal as deadline nears
By Moira Warburton and Andy Sullivan WASHINGTON The White House and congressional Republicans on Thursday are expected to
2023-05-25 18:25
Are investors finally nervous about the US debt ceiling?
The US is running out of time to reach a debt ceiling deal. So is Wall Street getting nervous?
2023-05-25 08:21
White House criticizes Republicans, says 'preventing default' is not a concession
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -The White House on Wednesday criticized Republicans and said averting default is
2023-05-25 06:16
Change in tone in U.S. debt talks could prompt rating action before default -Moody's
(In first paragraph, specifies that changes in assessments refers to the U.S. credit outlook) By Davide Barbuscia NEW YORK (Reuters)
2023-05-25 03:16
From Social Security to your investments, here's how to prepare for a US default
Treasury Secretary Janet Yellen reaffirmed June 1 as the hard deadline to raise the debt ceiling on Monday. How can Americans prepare for a US default if the debt limit doesn't get raised?
2023-05-25 01:58
Don't expect markets to rejoice if a deal is reached on the debt ceiling
Markets will want to breathe a sigh of relief if lawmakers can reach a deal on the debt ceiling to avoid a default. But markets can't always get what they want.
2023-05-25 00:17
Major differences remain over spending cuts and other key issues as debt limit deadline looms
Negotiations are continuing to unfold in an attempt to reach a debt limit deal, but major differences between House Republicans and the White House have yet to be bridged, and the pressure is only intensifying as the risk of default grows ever more real with each day.
2023-05-24 23:52
Why this Washington debt limit showdown is different
Investors and the public have been content to largely brush off the slow-motion Washington march toward a self-imposed economic catastrophe.
2023-05-24 23:47
Explainer-U.S. debt ceiling focus on 'discretionary spending' means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and
2023-05-24 22:56
What is permitting reform? The critical energy provision buried in debt-ceiling negotiations
Energy permitting reform, which aims to cut down the time it takes for new projects to get approved, could be one of the few bipartisan measures to emerge from a debt limit deal.
2023-05-24 22:17