China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:17
Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9
Goldman Sachs Group Inc. economists estimated that the Treasury Department will by June 8 or 9 see its
2023-05-22 04:22
McCarthy Says Debt-Limit Talks With Biden Will Resume Monday
House Speaker Kevin McCarthy said he and President Joe Biden will meet Monday afternoon and negotiators will resume
2023-05-22 01:21
Yellen Says Odds US Can Pay All Its Bills by June 15 ‘Quite Low’
Treasury Secretary Janet Yellen said the US is unlikely to reach mid-June and still be able to pay
2023-05-21 22:59
McCarthy Plans to Speak with Biden Within the Hour on Debt
House Speaker Kevin McCarthy said he expects to speak with President Joe Biden within the next hour on
2023-05-21 22:59
Traders Brace for Volatility With US Debt Deal Still Elusive
Investors are girding for spikes in currency volatility and losses in equities should US lawmakers struggle to clinch
2023-05-21 22:29
Biden’s G-7 Focus in Japan Disrupted by Washington Debt Fight
President Joe Biden was physically present at the Group of Seven summit in Japan but his focus was
2023-05-21 21:52
China Says Micron Products Failed in Its Cybersecurity Review
China said it found serious cybersecurity risks after conducting a review of Micron Technology Inc. products sold in
2023-05-21 20:55
G-7 Latest: Leaders Focus on Russia’s War, Reducing China Risks
The leaders of the Group of Seven were joined by Ukrainian President Volodymyr Zelenskiy as they reaffirmed their
2023-05-21 20:51
UK’s Bond Bears Hunker Down Before Big Week for Economic Data
UK bond bears are going into a week of key economic data undaunted. Swaps trading suggests any respite
2023-05-21 13:15
Yoon, Kishida Show Unity at Memorial for Korean A-Bomb Victims
South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida together laid flowers at a memorial
2023-05-21 09:24
Bond Market Caught Between Fears of US Debt Default, Rate Hikes
Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to
2023-05-21 04:20