Angle: U.S. debt ceiling “X Day”, financial institutions prepare for market turmoil | Reuters

2023-05-26 07:00:00 NEW YORK (Archyde.com) – Fears are mounting among financial institutions as the U.S. federal government runs out of money on June 1, which is known as Day X. While some traders are avoiding U.S. Treasuries that mature in June, others are preparing to deal with default-risk bonds. May 26 (Archyde.com) – Financial institutions … Read more

US debt ceiling talks, discrepancies over discretionary spending $ 70 billion “close to agreement” = source | Reuters

2023-05-25 16:55:00 Negotiations between President Biden and House Speaker McCarthy over raising the U.S. debt ceiling are nearing a deal, with a difference of just $70 billion between the two on “discretionary spending,” excluding social security and other items. This was confirmed by multiple sources. (2023 REUTERS/Craig Hudson) [ワシントン 25日 ロイター] – Negotiations between President … Read more

Responding to criticism of the US debt ceiling, Mr. Biden adjusts telephone talks with Speaker of the House | Reuters

2023-05-21 03:12:00 The U.S. administration and Republicans in Congress exchanged accusations on Wednesday over the federal debt ceiling. No talks took place that day, and a White House official said that President Biden instructed his administration team to schedule a phone call with House Speaker McCarthy (pictured, Republican) for Monday morning ET. FILE PHOTO: Washington, … Read more

“IMF Urges Central Banks to Tighten Monetary Policy to Combat Inflation: Insights from Gita Gopinath”

2023-05-17 13:35:00 International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン 17日 ロイター] – International Monetary Fund (IMF) chief deputy … Read more

Fear of recession due to US default, Treasury Secretary Yellen warns again | Reuters

2023-05-16 13:59:00 Treasury Secretary Janet Yellen said on Wednesday that if the federal debt ceiling is not raised and the United States defaults, millions of Americans will lose their salaries and jobs and businesses will be hit hard. He warned of a possible recession. U.S. Treasury Secretary Janet Yellen testifies before Congress on May 12, … Read more

Soros’ fund cuts Tesla stakes, buys Netflix shares | Reuters

2023-05-14 23:26:00 slide show ( 2 images ) NEW YORK (Archyde.com) – Billionaire investor George Soros’ family office, Soros Fund Management, is set to sell electric-vehicle makers Tesla, Rivian Automotive and Walt Disney in the first quarter. While reducing its shareholding in , it added a new position in Netflix, a video distribution company, according … Read more

US faces “serious risk of default” in the first half of June = Congressional Budget Office | Reuters

2023-05-12 15:36:00 The US Congressional Budget Office (CBO) warned on Wednesday that it faces a “significant risk” of default as early as early June if the federal debt ceiling is not raised. FILE PHOTO: April 6, 2023. REUTERS/Elizabeth Frantz [ワシントン 12日 ロイター] – The US Congressional Budget Office (CBO) warned on Thursday that it faces … Read more

“Federal Workers’ Union Files Lawsuit Against Unconstitutional $31.4 Trillion Debt Ceiling in Boston Federal Court”

2023-05-09 03:36:00 WASHINGTON (Archyde.com) – NAGE, a union of federal workers, filed a lawsuit in Boston federal court on May 8, accusing the federal debt ceiling of $31.4 trillion was unconstitutional. Pictured is a sign showing federal debt. FILE PHOTO: Washington, D.C. January 2023. REUTERS/Amanda Andrade-Rhoades [8日 ロイター] – NAGE, the federal workers’ union, filed … Read more