House Speaker Kevin McCarthy said he had a productive debt ceiling discussion with President Joe Biden late Monday at the White House, but no agreement… Read More »US Debt Ceiling: No Deal Yet but Biden, McCarthy Say They’re Optimistic after Meeting
Last Updated: May 20, 2023, 01:45 IST Gold was on course for its worst week since February, down about 1.5% so far, after a series… Read More »Gold Gets Lifeline from Renewed Banking Jitters, Powell Comments
Last Updated: May 16, 2023, 23:45 IST U.S. gold futures fell 1.1% to $2,000.20 (Representative image/AP) Spot gold was 1.2% down at $1,996.29 per ounce… Read More »Gold Prices Plummet Below $2,000 as Economic Data, Fed Dampen Investor Confidence
Ja Morant was suspended by the Memphis Grizzlies on Sunday after he appeared to be holding a gun in another social media video that was… Read More »Memphis Grizzlies Suspend Ja Morant after Another Gun Video Appears on Social Media
President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US economy if the country defaults, as negotiations with Republicans over a debt… Read More »US Default: Biden Admin Warns of ‘Catastrophic’ as Debt Talks Continue
Last Updated: May 13, 2023, 02:19 IST The broad-based S&P 500 shed 0.2 percent to 4,124.08, while the tech-rich Nasdaq Composite Index declined 0.4 percent… Read More »Mixed Week for Wall Street as Investors Eye US Debt Ceiling Negotiations
Last Updated: May 08, 2023, 23:43 IST Markets saw a 88% chance of the Fed holding rates at their current level in June, and a… Read More »Gold Prices Rebound as Investors Await Inflation Data, Fed Rate Cut Speculations
Last Updated: May 08, 2023, 04:19 IST In January, Yellen sent a letter to congressional leaders, stating that her department had begun resorting to “extraordinary… Read More »‘Chaos’ if US Fails to Raise Debt Ceiling, Warns Janet Yellen
Last Updated: May 03, 2023, 01:56 IST Jean-Pierre said Biden was willing to discuss a separate process to address the budget cuts but said the… Read More »White House ‘Will Not Negotiate’ on Debt Ceiling Even as Default Risk Looms
Last Updated: May 02, 2023, 04:00 IST In January, Yellen sent a letter to congressional leaders, stating that her department had begun resorting to “extraordinary… Read More »US Could Default as Soon as June 1, Says Treasury Secretary Yellen