Treasury's Yellen says US could default as soon as June 1
Treasury Secretary Janet Yellen has notified Congress that the U.S. could default on its...
Source: middletownpress.com
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US could hit debt ceiling as soon as June 1 if Congress doesn't act, Yellen warns
President Joe Biden wants the cap raised without negotiation. The House Republican majority has most recently passed a bill to secure spending cuts in exchange for a debt limit increase.
Source: adn.com
Stock market today: Wall Street slips ahead of Fed meeting
NEW YORK (AP) — Stocks are falling Tuesday as shares of beleaguered banks tumble again...
Source: ctinsider.com
Stock market today: Dow drops 500 as banks tumble again
Stocks are falling as shares of beleaguered banks tumble again and worries about the...
Source: ctinsider.com
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A short-term fix looks more likely as U.S. debt-limit deadline looms
Between now and June 1 - the date by which the Treasury Department could run out of sufficient cash - Biden and members of the House and Senate are scheduled to be in town at the same time for the sum total of one week.
Source: adn.com