US stocks are moving in a narrow range due to the debt ceiling problem

2023-05-15 22:32:12 The debt ceiling is another hurdle “There is little conviction on either side as the market continues to digest earnings reports, a slew of economic data, and finger pointing in Washington regarding debt ceiling discussions. What are the US Treasury’s options when cash runs out? For Chris Larkin of Morgan Stanley’s E*Trade, it’s … Read more

Yellen says the U.S. defaulting should be unthinkable

2023-05-11 07:13:04 Janet Yellen, US Treasury secretary, during a news conference at the Group of Seven (G-7) finance ministers and central bank governors meeting in Niigata, Japan, on Thursday, May 11, 2023. Bloomberg | Bloomberg | Getty Images Treasury Secretary Janet Yellen said the idea of U.S. lawmakers letting the nation default on its debt … Read more

US needs to be ‘mature’ over debt ceiling negotiations, Germany’s Lindner says at G-7

2023-05-11 15:45:13 German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds for the global economy. U.S. Congress is trying to find a compromise on the debt limit — which refers to the maximum amount of money that the two chambers allow the federal government … Read more

“Janet Yellen warns of economic catastrophe without debt ceiling increase: Latest update and analysis”

2023-05-09 04:38:00 Archyde.com news agency (Archyde.com) reports the statement of two news sources in the US Treasury Department today (9 May ’23) that Janet Yellen (Janet Yellen) MinisterMinistry of FinanceTry to reach out to business people and financial leaders to explain. “Economic catastrophe” that may happen to the country If the government does not increase … Read more

“US Debt Crisis Looms as Treasury Secretary Warns of Potential Default”

2023-05-01 21:29:36 THE UNITED STATES have come a little closer to a potential default on their public debt after collecting less taxes than expected, thus advancing towards the moment when the country will no longer be able to meet all its obligations, warned Monday, May 1 US Treasury Secretary Janet Yellen. In a letter addressed … Read more

A US report warns of entanglements between the crypto sector and Wall Street

Other risks The Board’s report also identified several non-crypto-industry issues that pose threats to financial markets and institutions, stating that improving the resilience of the $24 trillion Treasury market, which has been hit by several bouts of liquidity shortages, remained a priority. The board also said regulators should review structural problems in the market that … Read more

“Yellen” visits Japan July 12-13 before meeting of G20 Finance Ministers in Indonesia 15-16

The US Treasury Department announced today that US Treasury Secretary Janet Yellen He will visit Japan on July 12-13 where he will meet with Japanese authorities on sanctions against Russia in response to Russia’s military invasion of Ukraine. In addition, Ms Yellen will meet with Japanese Finance Minister Shunichi Suzuki. to discuss issues of rising … Read more

Ukraine’s Military Gains Raise Kyiv’s War Aims as Russia Shells Eastern Cities

As Ukraine’s military continues to take back Russian-occupied territory in Ukraine, outperforming expectations among leaders globally about its abilities before Russia’s invasionambitions are growing in Kyiv about what would define victory. Ukrainian forces in the northeastern region of Kharkiv have regained territory at the Russian border, the regional governor, By Sinegubovsaid Monday. Russian forces continued … Read more