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Analysis-Risk of US downgrade still on the cards despite debt deal - Vimarsana News

Analysis-Risk of US downgrade still on the cards despite debt deal

By Davide Barbuscia NEW YORK (Reuters) -While a U.S. default on its debt has been averted, the possibility of another credit rating downgrade remains, as ...

How spending cuts will hit the U.S. economy - Vimarsana News

How spending cuts will hit the U.S. economy

Republicans insisted for months that any deal to raise the debt limit must come with sharp reductions in government spending.

In the Market: Amid the calm, the Fed brews the next storm - Vimarsana News

In the Market: Amid the calm, the Fed brews the next storm

(Reuters) - Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a U.S. monetary policymaker, he worries even more about inflation. | 06:15am

What a US debt ceiling breach could do to the economy - Vimarsana News

What a US debt ceiling breach could do to the economy

Congress and the White House failing to reach a deal on the debt ceiling could mean a default, missed Social Security and Medicare payments, a recession, a stock market slide, and economic chaos.

Source: vox.com
How default on the U.S. debt would be far worse than a government shutdown - Vimarsana News

How default on the U.S. debt would be far worse than a government shutdown

On Friday, President Biden received an update from his designated negotiating team on prog