Economists: US can weather ongoing crises, but recession remains on the table
US business economists are optimistic that the banking and debt ceiling turmoil won't turn into full-blown crises; however, a majority of them also believe a recession is still in the cards — although likely starting later than previously thought, according to a new survey released Monday.
2023-05-22 12:51
Column-'Taper tantrum' ripples, 10 years on: McGeever
By Jamie McGeever ORLANDO, Florida The curious dance between markets and the Federal Reserve now underway - Wall
2023-05-22 12:29
Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT
Credit Suisse AG staff are making preparations to sue the Swiss financial regulator over $400 million of bonuses
2023-05-22 12:27
Debt ceiling explained: Why it's a struggle in Washington and how the impasse could end
President Joe Biden and House Speaker Kevin McCarthy are to meet face to face on Monday after a weekend of on again, off again negotiations over raising the nation’s debt ceiling
2023-05-22 12:27
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
Biden gets low ratings on economy, guns, immigration in AP-NORC Poll
Just 33% of American adults say they approve of President Joe Biden’s handling of the economy and only 24% say national economic conditions are in good shape
2023-05-22 12:25
Economists push back expected Fed rate cut to 2024, NABE poll shows
By Michael S. Derby NEW YORK Economists have pushed back their expectations of when the Federal Reserve will
2023-05-22 12:24
Biden, McCarthy to hold pivotal meeting on debt ceiling as time to resolve standoff grows short
President Joe Biden and House Speaker Kevin McCarthy have a pivotal meeting coming up on the impasse over the debt ceiling
2023-05-22 12:17
Thai jobless rate lowest in 3 years in Q1 as tourism rebounds
BANGKOK Thailand's unemployment rate hit a three-year low in the first quarter, the state planning agency said on
2023-05-22 11:15
Oil slips as U.S. debt caution offset supply concerns
By Florence Tan SINGAPORE (Reuters) -Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns
2023-05-22 10:57
Indian rupee poised to weaken after central bank pulls 2,000-rupee notes
By Nimesh Vora MUMBAI The Indian rupee is expected to open weaker against the U.S. dollar after the
2023-05-22 10:54
Dollar on defensive after dovish Powell, debt ceiling setback
By Kevin Buckland TOKYO The dollar nursed losses against the yen and euro on Monday following a surprise
2023-05-22 10:52