Yellen says US could hit debt ceiling as soon as June 1
Treasury Secretary Janet Yellen has notified Congress that the U.S. could default on its...
Source: darientimes.com
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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: ctpost.com
US Could Default as Soon as June 1, Says Treasury Secretary Yellen
Treasury Secretary Janet Yellen warns Congress of potential U.S. default on its debt as early as June 1 if legislators do not act to raise or suspend the nation's statutory borrowing authority. This article discusses the risks of waiting until the last minute to increase the debt limit, the impact on business and consumer confidence, and the potential consequences for the U.S. economy.
Source: news18.com
The Skanner News - What's Behind the Looming 'X-Date' on the US Debt Limit?
In January, the U.S. government ran up against its legal borrowing limit of $31.381 trillion, and the Treasury Department began implementing “extraordinary measures” to avoid missing payments on its bills.
Source: theskanner.com
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JPMorgan sees 'non-trivial risk' of a technical default on U.S. Treasuries as debt ceiling looms
Firm also expects debate on federal funding bull to run ‘dangerously close’ to its final deadline
Source: theglobeandmail.com