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July 7, 2024
there is a roughly one in four chance that the us will hit the so—called x—date, when the us government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned the two sides remain far apart. republicans are warning that any deal must cut future f...
July 7, 2024
with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight...
July 7, 2024
has the latest from new york. there is a roughly one in four chance that the us will hit the so—called x—date — thats when the government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned that the two sides remain far apart. republicans ar...
July 7, 2024
reach a deal on the countrys debt ceiling, with the us house speaker kevin mccarthy saying on wednesday that negotiators remain far apart. our north america business correspondent michelle fleury has the latest from new york. there is a roughly one in clutch make chance that the us will hit the so—called x—date, when the us government runs out of money to pay its bills, before the dental ministries. that is according toj.p. morgan chase. they say the other any worse. —— debt li...
July 7, 2024
the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we w...
May 26, 2023
Much, they will lose some democrats who say they dont want to see cuts to social programmes that help the neediest americans. meanwhile, many lawmakers left washington for the long holiday weekend while the talks continue. that was michelle fleury reporting for us. and we may have some fresh development. in the past hour, the new— development. in the past hour, the new york times is reporting that they— the new york times is reporting that they may be closer to raising _ that they may be clo...
May 26, 2023
Republicans, but if they do too much, they will lose some democrats who say they dont want to see cuts to social programmes that help the neediest americans. meanwhile, many lawmakers left washington for the long holiday weekend while the talks continue. that was michelle fleury reporting for us. and we may have some fresh development. in the past couple of hours, the new york times is reporting that they may be closer to raising the debt limit and cut spending. and a note on us politics... any ...
May 25, 2023
Inflation — a possible silver lining for the federal reserve, which has been raising interest rates to fight inflation. fed officials are still debating whether to raise interest rates or hold them steady when they meet injune. that was michelle fleury reporting. the debt ceiling brinkmanship has resulted in the credit rating agency, fitch, placing the us triple—a status the debt ceiling brinkmanship has resulted in the credit rating agency, fitch, placing the us triple—a status on ratings...
May 25, 2023
Rates to fight inflation. fed officials are still debating whether to raise interest rates or hold them steady when they meet injune. that was michelle fleury reporting. the debt ceiling brinkmanship has resulted in a credit rating agency, fitch, placing the us triple—a the debt ceiling brinkmanship has resulted in the credit rating agency, fitch, placing the us triple—a status into negative territory. fitch said the increase reflects the political partisanship that is hindering the resoluti...
May 24, 2023
Lining for the federal reserve, which has been raising interest rates to fight inflation. fed officials are still debating whether to raise interest rates or hold them steady when they meet in june. that was michelle fleury reporting. the debt ceiling bring the ship has led to a agency placing the us status on rating watch negative. fitchs increase reflects the lack of political partnership, hindering that raise in debt limit. let us move to the latest fed minutes. the us central bank are still ...