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BBCNEWS World July 6, 2024 - Vimarsana News

BBCNEWS World July 6, 2024

programme. "there will no be default." those were the words of president biden on thursday as he hailed what he called "productive" talks with his political rivals — as the clock ticks on the country's finances. he is trying to avoid hitting the debt ceiling. the us government is set to hit its borrowing limit of $31.4 trillion next week, raising fears it could run out of money to pay its bills without a deal to increase the debt ceiling. from new york, michelle fleury reports. with just one week left until treasury officials say the us will run out of cash to pay its bills, the mo...

Etsy slashing 11% of workforce - Vimarsana News

Etsy slashing 11% of workforce

Etsy shares fell Wednesday after the global online marketplace announced it is laying off 11% of its employees and shaking up leadership as part of a restructuring plan.

BBCNEWS World Business Report June 4, 2024 04:32:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:32:00

Failure to reach an agreement could have global implications. fitch — one of the major credit rating agencies — warned of a potential downgrade to the us credit rating if a deal isn't done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending — if they don't cut enough, they won't win over republicans. but if they do too much, they'll lose some democrats who say they don't want to see cuts to social programmes that help the neediest americans. meanwhile, many lawmakers left washington for the lo...

BBCNEWS World Business Report June 4, 2024 04:36:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:36:00

Paying bills. i don't think they really want to test that. if they do that, i think the implication of your question is what does that do to the economy? a really good job of trying to engineer a soft landing so far, but i don't think they have had a lot of credit. whether they continue to do so or not will be very difficult and this certainly would not help and could plunge it into a very severe recession.— it into a very severe recession. . ~' , ., , it into a very severe recession. ., ~ , ., , . recession. thank you very much for that analysis. _ recession. thank you very much for that an...

Pioneer stock is a good pick even if oil goes to $60 a barrel: Dory Wiley - Vimarsana News

Pioneer stock is a good pick even if oil goes to $60 a barrel: Dory Wiley

Commerce Street CEO Dory Wiley on CNBC's "Closing Bell: Overtime" made a bull case for Pioneer Natural Energy down 25% since June 7th.

Source: invezz.com